New York State Teachers Retirement System Takes $192,000 Position in Dream Finders Homes, Inc. (NASDAQ:DFH)

New York State Teachers Retirement System bought a new stake in Dream Finders Homes, Inc. (NASDAQ:DFH) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,238 shares of the company’s stock, valued at approximately $192,000.

A number of other institutional investors have also modified their holdings of the business. Victory Capital Management Inc. increased its holdings in shares of Dream Finders Homes by 3.0% in the 3rd quarter. Victory Capital Management Inc. now owns 25,321 shares of the company’s stock valued at $917,000 after acquiring an additional 746 shares during the period. Mark Sheptoff Financial Planning LLC acquired a new position in Dream Finders Homes in the 3rd quarter valued at $33,000. Precision Wealth Strategies LLC increased its stake in Dream Finders Homes by 13.4% in the 4th quarter. Precision Wealth Strategies LLC now owns 12,127 shares of the company’s stock valued at $282,000 after buying an additional 1,429 shares during the period. FMR LLC increased its stake in Dream Finders Homes by 99.4% in the 3rd quarter. FMR LLC now owns 2,945 shares of the company’s stock valued at $107,000 after buying an additional 1,468 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new position in Dream Finders Homes in the 3rd quarter valued at $63,000. 95.55% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Patrick O. Zalupski sold 18,119 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $33.26, for a total value of $602,637.94. Following the sale, the chief executive officer now directly owns 2,003,125 shares in the company, valued at $66,623,937.50. The trade was a 0.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 70.45% of the company’s stock.

Dream Finders Homes Stock Performance

Shares of NASDAQ DFH opened at $21.03 on Tuesday. The firm has a market capitalization of $1.97 billion, a P/E ratio of 6.87, a PEG ratio of 1.28 and a beta of 2.01. Dream Finders Homes, Inc. has a one year low of $20.54 and a one year high of $44.38. The company’s fifty day moving average is $23.13 and its two-hundred day moving average is $28.93.

Analyst Ratings Changes

Separately, Bank of America dropped their price objective on shares of Dream Finders Homes from $33.00 to $32.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th.

About Dream Finders Homes

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.