Insider Selling: Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Sells $187,026.75 in Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 7,407 shares of the company’s stock in a transaction on Tuesday, June 25th. The shares were sold at an average price of $25.25, for a total transaction of $187,026.75. Following the sale, the chief executive officer now directly owns 1,216,359 shares in the company, valued at approximately $30,713,064.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Dream Finders Homes Price Performance

DFH stock opened at $25.82 on Friday. The stock has a market capitalization of $2.41 billion, a PE ratio of 8.75, a price-to-earnings-growth ratio of 0.53 and a beta of 1.93. The company’s 50-day moving average is $29.24 and its 200-day moving average is $33.44. Dream Finders Homes, Inc. has a 1 year low of $18.29 and a 1 year high of $44.38.

Dream Finders Homes (NASDAQ:DFH) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.11). The company had revenue of $827.80 million for the quarter, compared to the consensus estimate of $886.34 million. Dream Finders Homes had a return on equity of 34.31% and a net margin of 7.91%. Dream Finders Homes’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period last year, the company earned $0.45 EPS. On average, analysts anticipate that Dream Finders Homes, Inc. will post 3.21 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Dream Finders Homes

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Naples Money Management LLC bought a new position in shares of Dream Finders Homes during the 1st quarter worth about $25,000. Janus Henderson Group PLC raised its holdings in shares of Dream Finders Homes by 3.3% in the 1st quarter. Janus Henderson Group PLC now owns 22,674 shares of the company’s stock worth $992,000 after acquiring an additional 728 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Dream Finders Homes by 17.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,935 shares of the company’s stock worth $304,000 after acquiring an additional 1,041 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Dream Finders Homes by 926.9% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company’s stock worth $54,000 after acquiring an additional 1,103 shares during the last quarter. Finally, US Bancorp DE raised its holdings in shares of Dream Finders Homes by 4.0% in the 1st quarter. US Bancorp DE now owns 30,243 shares of the company’s stock worth $1,323,000 after acquiring an additional 1,169 shares during the last quarter. Institutional investors own 95.55% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on DFH. Wedbush reaffirmed a “neutral” rating and set a $24.00 price target on shares of Dream Finders Homes in a research report on Thursday, May 2nd. Bank of America upped their price target on shares of Dream Finders Homes from $29.00 to $45.00 and gave the company a “neutral” rating in a research report on Tuesday, April 2nd. Finally, Zelman & Associates raised shares of Dream Finders Homes from a “neutral” rating to an “outperform” rating and set a $34.50 price target on the stock in a research report on Monday, May 13th.

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.