Patrick O. Zalupski Sells 31,919 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 31,919 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $31.06, for a total transaction of $991,404.14. Following the completion of the transaction, the chief executive officer now directly owns 725,000 shares of the company’s stock, valued at approximately $22,518,500. This represents a 4.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Dream Finders Homes Stock Performance

Dream Finders Homes stock opened at $28.64 on Friday. The firm has a market cap of $2.68 billion, a PE ratio of 9.36, a P/E/G ratio of 0.72 and a beta of 1.93. Dream Finders Homes, Inc. has a 12 month low of $23.46 and a 12 month high of $44.38. The stock’s 50 day simple moving average is $33.19 and its two-hundred day simple moving average is $30.43.

Dream Finders Homes (NASDAQ:DFH) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.14). The firm had revenue of $986.26 million for the quarter, compared to analyst estimates of $1.07 billion. Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.75 EPS. On average, equities research analysts forecast that Dream Finders Homes, Inc. will post 3.35 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Bank of America raised their target price on Dream Finders Homes from $35.00 to $38.00 and gave the stock a “neutral” rating in a research note on Thursday, September 19th.

Hedge Funds Weigh In On Dream Finders Homes

Several institutional investors and hedge funds have recently modified their holdings of the business. Mark Sheptoff Financial Planning LLC acquired a new stake in Dream Finders Homes in the third quarter valued at approximately $33,000. nVerses Capital LLC lifted its holdings in Dream Finders Homes by 1,800.0% during the second quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock valued at $49,000 after purchasing an additional 1,800 shares in the last quarter. ORG Partners LLC acquired a new position in shares of Dream Finders Homes during the 2nd quarter worth about $68,000. Benjamin F. Edwards & Company Inc. boosted its holdings in 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 worth $75,000 after buying an additional 1,701 shares during the last quarter. Finally, Palouse Capital Management Inc. acquired a new stake in shares of Dream Finders Homes in the second quarter worth approximately $79,000. Hedge funds and other institutional investors own 95.55% of the company’s stock.

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.