Dream Finders Homes, Inc. (NASDAQ:DFH - Get Free Report) CEO Patrick O. Zalupski sold 34,961 shares of the business's stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $42.46, for a total value of $1,484,444.06. Following the transaction, the chief executive officer now directly owns 1,428,742 shares of the company's stock, valued at approximately $60,664,385.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Dream Finders Homes Trading Down 4.6 %
NASDAQ:DFH opened at $38.20 on Thursday. The stock has a market cap of $3.56 billion, a P/E ratio of 13.40, a price-to-earnings-growth ratio of 1.13 and a beta of 1.99. The stock's 50-day moving average is $37.39 and its 200-day moving average is $30.52. Dream Finders Homes, Inc. has a 1-year low of $13.41 and a 1-year high of $44.38.
Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its quarterly earnings results on Thursday, February 29th. The company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.29. Dream Finders Homes had a return on equity of 36.62% and a net margin of 7.89%. The company had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $898.68 million. During the same period in the previous year, the business posted $0.78 earnings per share. The business's quarterly revenue was up 3.5% compared to the same quarter last year. As a group, equities analysts forecast that Dream Finders Homes, Inc. will post 3.45 EPS for the current year.
Institutional Trading of Dream Finders Homes
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Several institutional investors have recently added to or reduced their stakes in the stock. Ameritas Investment Partners Inc. boosted its holdings in Dream Finders Homes by 27.3% in the second quarter. Ameritas Investment Partners Inc. now owns 2,001 shares of the company's stock valued at $49,000 after acquiring an additional 429 shares during the last quarter. Legal & General Group Plc boosted its holdings in Dream Finders Homes by 2.2% in the fourth quarter. Legal & General Group Plc now owns 19,998 shares of the company's stock valued at $710,000 after acquiring an additional 435 shares during the last quarter. Townsquare Capital LLC boosted its holdings in Dream Finders Homes by 0.9% in the fourth quarter. Townsquare Capital LLC now owns 100,722 shares of the company's stock valued at $3,579,000 after acquiring an additional 872 shares during the last quarter. Rhumbline Advisers boosted its holdings in Dream Finders Homes by 2.7% in the third quarter. Rhumbline Advisers now owns 34,254 shares of the company's stock valued at $761,000 after acquiring an additional 915 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in Dream Finders Homes by 0.9% in the first quarter. Sei Investments Co. now owns 103,504 shares of the company's stock valued at $1,371,000 after acquiring an additional 963 shares during the last quarter. 95.55% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several brokerages have commented on DFH. Bank of America boosted their target price on Dream Finders Homes from $29.00 to $45.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 2nd. TheStreet upgraded Dream Finders Homes from a "c" rating to a "b" rating in a report on Friday, March 1st.
Read Our Latest Research Report on DFH
Dream Finders Homes Company Profile
(
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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.
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