Insider Selling: Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Sells 30,433 Shares of Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 30,433 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $34.81, for a total value of $1,059,372.73. Following the completion of the sale, the chief executive officer now owns 1,357,978 shares in the company, valued at approximately $47,271,214.18. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Dream Finders Homes Stock Performance

DFH stock opened at $36.47 on Wednesday. The stock’s 50 day moving average price is $37.99 and its 200 day moving average price is $31.46. The firm has a market cap of $3.40 billion, a P/E ratio of 12.80, a PEG ratio of 0.91 and a beta of 1.99. Dream Finders Homes, Inc. has a 1 year low of $14.59 and a 1 year high of $44.38.

Dream Finders Homes (NASDAQ:DFH) last issued its quarterly earnings data on Thursday, February 29th. The company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.29. The business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $898.68 million. Dream Finders Homes had a return on equity of 36.62% and a net margin of 7.89%. The business’s revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.78 earnings per share. On average, research analysts predict that Dream Finders Homes, Inc. will post 3.45 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have commented on the company. 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 report on Tuesday, April 2nd. TheStreet raised shares of Dream Finders Homes from a “c” rating to a “b” rating in a research note on Friday, March 1st.

Institutional Investors Weigh In On Dream Finders Homes

Several hedge funds have recently modified their holdings of the company. Dynamic Technology Lab Private Ltd lifted its stake in shares of Dream Finders Homes by 4.8% during the fourth quarter. Dynamic Technology Lab Private Ltd now owns 26,382 shares of the company’s stock valued at $937,000 after buying an additional 1,215 shares during the period. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of Dream Finders Homes during the 4th quarter worth $46,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Dream Finders Homes by 51.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,801 shares of the company’s stock worth $84,000 after purchasing an additional 1,295 shares during the last quarter. Avalon Trust Co purchased a new stake in shares of Dream Finders Homes in the fourth quarter valued at $48,000. Finally, Portside Wealth Group LLC grew its position in shares of Dream Finders Homes by 9.8% in the fourth quarter. Portside Wealth Group LLC now owns 15,970 shares of the company’s stock valued at $567,000 after purchasing an additional 1,429 shares during the period. 95.55% of the stock is owned by institutional investors and hedge funds.

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.