Key Points
- Dream Finders Homes Director Len Sturm bought 1,000 shares for $10,530 at an average price of $10.53, increasing his stake by 3.25% to 31,728 shares.
- DFH shares traded at $12.40, down 0.5% during Friday’s session. The company reported quarterly EPS of $0.22 and revenue of about $996 million.
- Analyst sentiment was mixed, with MarketBeat reporting an average Hold rating; institutional investors held 95.55% of the company’s stock.
Dream Finders Homes, Inc. (NYSE:DFH - Get Free Report) Director Len Sturm bought 1,000 shares of the firm's stock in a transaction dated Wednesday, November 4th. The stock was purchased at an average price of $10.53 per share, for a total transaction of $10,530.00. Following the transaction, the director owned 31,728 shares of the company's stock, valued at approximately $334,095.84. This represents a 3.25% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Len Sturm also recently made the following trade(s):
- On Thursday, September 3rd, Len Sturm purchased 1,500 shares of Dream Finders Homes stock. The stock was purchased at an average cost of $13.47 per share, for a total transaction of $20,205.00.
- On Wednesday, August 26th, Len Sturm purchased 1,000 shares of Dream Finders Homes stock. The shares were purchased at an average price of $14.72 per share, with a total value of $14,720.00.
- On Monday, August 24th, Len Sturm acquired 250 shares of Dream Finders Homes stock. The stock was purchased at an average cost of $14.75 per share, with a total value of $3,687.50.
- On Friday, August 21st, Len Sturm acquired 250 shares of Dream Finders Homes stock. The stock was purchased at an average price of $14.81 per share, for a total transaction of $3,702.50.
Dream Finders Homes Trading Down 0.5%
DFH stock traded down $0.06 during midday trading on Friday, reaching $12.40. The stock had a trading volume of 1,037,511 shares, compared to its average volume of 1,756,050. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 12.92 and a beta of 2.02. Dream Finders Homes, Inc. has a 52-week low of $7.30 and a 52-week high of $21.55. The company's fifty day simple moving average is $11.07 and its 200 day simple moving average is $14.58.
Dream Finders Homes (NYSE:DFH - Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.22 EPS for the quarter. The company had revenue of $996.05 million during the quarter. Dream Finders Homes had a net margin of 2.56% and a return on equity of 8.87%.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the company. Weiss Ratings downgraded Dream Finders Homes from a "sell (d+)" rating to a "sell (d)" rating in a research report on Wednesday. Wall Street Zen lowered shares of Dream Finders Homes from a "sell" rating to a "strong sell" rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold".
View Our Latest Report on Dream Finders Homes
Institutional Investors Weigh In On Dream Finders Homes
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Janus Henderson Group PLC boosted its stake in Dream Finders Homes by 5.2% during the first quarter. Janus Henderson Group PLC now owns 1,876,795 shares of the company's stock worth $26,125,000 after buying an additional 92,691 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Dream Finders Homes by 19.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company's stock worth $20,173,000 after acquiring an additional 234,899 shares during the period. Bank of New York Mellon Corp purchased a new stake in Dream Finders Homes during the 2nd quarter worth about $2,833,000. Bank of America Corp DE raised its position in Dream Finders Homes by 51.5% in the 1st quarter. Bank of America Corp DE now owns 146,119 shares of the company's stock valued at $2,034,000 after purchasing an additional 49,694 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in Dream Finders Homes by 2.1% in the 1st quarter. Principal Financial Group Inc. now owns 139,944 shares of the company's stock valued at $1,948,000 after purchasing an additional 2,899 shares in the last quarter. Hedge funds and other institutional investors own 95.55% of the company's stock.
About Dream Finders Homes
(
Get Free Report)
Dream Finders Homes, Inc is a residential homebuilder that designs, constructs and sells single-family homes. The company serves primarily first-time, move-up and luxury homebuyers, offering homes in a range of floor plans, sizes and price points. Its activities include land acquisition and development, home construction, sales and customer service.
Founded in 2008 by Patrick Zalupski, Dream Finders Homes is headquartered in Jacksonville, Florida. The company operates in selected markets across the Southeast, Mid-Atlantic, Texas and Colorado through the Dream Finders Homes brand and regional homebuilding operations, including affiliated brands such as Coventry Homes and Crescent Homes.
In addition to homebuilding, the company provides related services intended to support the purchase process, including mortgage lending and title and closing services through affiliated businesses.
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