Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski Sells 26,879 Shares

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 26,879 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $30.86, for a total transaction of $829,485.94. Following the sale, the chief executive officer now directly owns 991,171 shares of the company’s stock, valued at approximately $30,587,537.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Dream Finders Homes Stock Performance

NASDAQ DFH traded up $1.54 on Thursday, reaching $32.61. The company had a trading volume of 238,450 shares, compared to its average volume of 428,406. The company’s fifty day moving average is $29.72 and its 200-day moving average is $32.05. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 11.25, a price-to-earnings-growth ratio of 0.66 and a beta of 1.89. 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 posted its quarterly earnings data on Thursday, August 1st. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.04. The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Dream Finders Homes had a return on equity of 32.99% and a net margin of 8.00%. Dream Finders Homes’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share. On average, research analysts forecast that Dream Finders Homes, Inc. will post 3.22 earnings per share for the current year.

Hedge Funds Weigh In On Dream Finders Homes

Several hedge funds have recently made changes to their positions in DFH. Sanctuary Advisors LLC bought a new stake in shares of Dream Finders Homes in the second quarter worth $482,000. The Manufacturers Life Insurance Company increased its stake in Dream Finders Homes by 16.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,678 shares of the company’s stock valued at $379,000 after buying an additional 2,050 shares during the last quarter. Millennium Management LLC lifted its position in Dream Finders Homes by 5.5% during the 2nd quarter. Millennium Management LLC now owns 171,638 shares of the company’s stock worth $4,432,000 after buying an additional 8,921 shares in the last quarter. Dark Forest Capital Management LP boosted its stake in shares of Dream Finders Homes by 42.5% during the 2nd quarter. Dark Forest Capital Management LP now owns 21,302 shares of the company’s stock worth $550,000 after buying an additional 6,352 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its holdings in shares of Dream Finders Homes by 139.2% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,923 shares of the company’s stock valued at $75,000 after acquiring an additional 1,701 shares in the last quarter. 95.55% of the stock is owned by institutional investors.

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.