Richard Beckwitt Buys 12,000 Shares of Dream Finders Homes (NYSE:DFH) Stock

Dream Finders Homes, Inc. (NYSE:DFH) Director Richard Beckwitt purchased 12,000 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was purchased at an average cost of $14.80 per share, for a total transaction of $177,600.00. Following the acquisition, the director owned 90,000 shares of the company’s stock, valued at approximately $1,332,000. This trade represents a 15.38% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Richard Beckwitt also recently made the following trade(s):

• On Wednesday, August 12th, Richard Beckwitt acquired 8,000 shares of Dream Finders Homes stock. The shares were acquired at an average cost of $13.83 per share, with a total value of $110,640.00.
• On Tuesday, August 11th, Richard Beckwitt bought 70,000 shares of Dream Finders Homes stock. The shares were acquired at an average price of $13.95 per share, with a total value of $976,500.00.

Dream Finders Homes Stock Up 5.1%

Shares of NYSE DFH opened at $15.59 on Friday. The firm has a market capitalization of $1.41 billion, a P/E ratio of 10.90 and a beta of 1.88. The stock’s 50-day simple moving average is $15.36 and its two-hundred day simple moving average is $15.75. Dream Finders Homes, Inc. has a twelve month low of $12.20 and a twelve month high of $31.50.

Dream Finders Homes (NYSE:DFH) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.27 earnings per share for the quarter. Dream Finders Homes had a return on equity of 10.38% and a net margin of 3.55%.The firm had revenue of $1.06 billion for the quarter.

Analyst Ratings Changes

Several brokerages have issued reports on DFH. Weiss Ratings reiterated a “sell (d+)” rating on shares of Dream Finders Homes in a research report on Friday, August 7th. Wall Street Zen cut shares of Dream Finders Homes from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. One analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $26.00.

Hedge Funds Weigh In On Dream Finders Homes

Institutional investors have recently modified their holdings of the company. Advisory Services Network LLC bought a new stake in Dream Finders Homes in the 3rd quarter worth approximately $39,000. Hantz Financial Services Inc. grew its position in Dream Finders Homes by 154.0% during the fourth quarter. Hantz Financial Services Inc. now owns 1,674 shares of the company’s stock valued at $29,000 after acquiring an additional 1,015 shares during the last quarter. Larson Financial Group LLC raised its stake in shares of Dream Finders Homes by 4,853.5% during the third quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock worth $91,000 after acquiring an additional 3,446 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Dream Finders Homes by 11.9% during the second quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock worth $95,000 after acquiring an additional 402 shares in the last quarter. Finally, State of Wyoming bought a new stake in shares of Dream Finders Homes in the 1st quarter worth approximately $54,000. 95.55% of the stock is currently owned by institutional investors.

Dream Finders Homes Company Profile

Dream Finders Homes is a residential homebuilder that specializes in the design, marketing and construction of single‐family homes, townhomes and condominiums. The company operates a semi‐custom building model that allows homebuyers to select from a range of floor plans and interior finishes, blending the efficiency of production building with the appeal of personalized design options. Dream Finders Homes emphasizes customer engagement through design studios and online tools, guiding buyers through each stage of the homebuilding process from lot selection to move-in.

Since its founding in 2015, Dream Finders Homes has focused on master‐planned and mixed-use communities, often collaborating with community developers to create integrated neighborhoods.