Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Sold by Marshall Wace LLP

Marshall Wace LLP reduced its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 54.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,100 shares of the company’s stock after selling 17,712 shares during the quarter. Marshall Wace LLP’s holdings in Dream Finders Homes were worth $390,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Naples Money Management LLC acquired a new position in Dream Finders Homes in the 1st quarter valued at $25,000. Janus Henderson Group PLC grew its position in shares of Dream Finders Homes by 3.3% in the first quarter. Janus Henderson Group PLC now owns 22,674 shares of the company’s stock valued at $992,000 after purchasing an additional 728 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Dream Finders Homes by 17.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,935 shares of the company’s stock valued at $304,000 after purchasing an additional 1,041 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its position in Dream Finders Homes by 926.9% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company’s stock worth $54,000 after buying an additional 1,103 shares in the last quarter. Finally, US Bancorp DE boosted its stake in Dream Finders Homes by 4.0% during the first quarter. US Bancorp DE now owns 30,243 shares of the company’s stock worth $1,323,000 after buying an additional 1,169 shares during the last quarter. Institutional investors and hedge funds own 95.55% of the company’s stock.

Dream Finders Homes Price Performance

Shares of NASDAQ DFH opened at $32.13 on Friday. The company has a market capitalization of $3.00 billion, a P/E ratio of 10.89, a P/E/G ratio of 0.83 and a beta of 1.89. The company has a 50 day simple moving average of $32.22 and a 200-day simple moving average of $31.65. Dream Finders Homes, Inc. has a 1 year low of $18.29 and a 1 year high of $44.38.

Dream Finders Homes (NASDAQ:DFH) last posted its earnings results on Thursday, August 1st. The company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.08 billion. Dream Finders Homes had a return on equity of 32.99% and a net margin of 8.00%. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 earnings per share. As a group, research analysts expect that Dream Finders Homes, Inc. will post 3.22 EPS for the current year.

Insider Activity at Dream Finders Homes

In related news, Director William Radford Lovett II sold 8,698 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $30.39, for a total transaction of $264,332.22. Following the completion of the transaction, the director now owns 4,877,666 shares of the company’s stock, valued at approximately $148,232,269.74. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Dream Finders Homes news, Director William Radford Lovett II sold 8,698 shares of Dream Finders Homes stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $30.39, for a total value of $264,332.22. Following the completion of the transaction, the director now directly owns 4,877,666 shares of the company’s stock, valued at $148,232,269.74. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Patrick O. Zalupski sold 49,345 shares of the business’s stock in a transaction dated Tuesday, July 23rd. The stock was sold at an average price of $31.24, for a total transaction of $1,541,537.80. Following the sale, the chief executive officer now owns 1,156,633 shares in the company, valued at $36,133,214.92. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 329,040 shares of company stock worth $10,897,669. Company insiders own 70.45% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Bank of America raised their target price on Dream Finders Homes from $35.00 to $38.00 and gave the stock a “neutral” rating in a research note on Thursday, September 19th.

Dream Finders Homes Company Profile

Dream Finders Homes, Inc operates as a holding company for Dream Finders Homes LLC that engages in homebuilding business in the United States. The company operates through four segments: Southeast, Mid-Atlantic, Midwest, and Financial Services. It designs, constructs, and sells single-family entry-level, and first-time and second time move-up homes, as well as active adult homes and custom homes in Florida, Texas, Tennessee, North Carolina, South Carolina, Georgia, Colorado, and the Washington, DC metropolitan area.