SG Americas Securities LLC Buys 4,315 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

SG Americas Securities LLC grew its stake in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 88.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,185 shares of the company’s stock after acquiring an additional 4,315 shares during the quarter. SG Americas Securities LLC’s holdings in Dream Finders Homes were worth $214,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the stock. Mark Sheptoff Financial Planning LLC bought a new stake in Dream Finders Homes during the third quarter valued at approximately $33,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Dream Finders Homes during the 3rd quarter worth $63,000. ORG Wealth Partners LLC bought a new stake in shares of Dream Finders Homes during the 3rd quarter valued at $105,000. FMR LLC increased its stake in shares of Dream Finders Homes by 99.4% in the 3rd quarter. FMR LLC now owns 2,945 shares of the company’s stock worth $107,000 after purchasing an additional 1,468 shares in the last quarter. Finally, nVerses Capital LLC raised its holdings in Dream Finders Homes by 84.2% in the 3rd quarter. nVerses Capital LLC now owns 3,500 shares of the company’s stock worth $127,000 after purchasing an additional 1,600 shares during the period. 95.55% of the stock is owned by hedge funds and other institutional investors.

Dream Finders Homes Price Performance

Shares of NASDAQ:DFH opened at $21.17 on Friday. The firm’s 50 day simple moving average is $25.12 and its two-hundred day simple moving average is $29.55. The company has a market capitalization of $1.98 billion, a P/E ratio of 6.92, a P/E/G ratio of 1.34 and a beta of 2.01. Dream Finders Homes, Inc. has a 1-year low of $21.02 and a 1-year high of $44.38.

Insider Activity at Dream Finders Homes

In other news, CEO Patrick O. Zalupski sold 18,119 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $33.26, for a total transaction of $602,637.94. Following the sale, the chief executive officer now directly owns 2,003,125 shares of the company’s stock, valued at $66,623,937.50. This represents a 0.90 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last quarter, insiders have sold 68,252 shares of company stock worth $2,094,199. 70.45% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, Bank of America cut their price target on Dream Finders Homes from $33.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, January 27th.

Dream Finders Homes 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.