Insider Buying: Dream Finders Homes (NYSE:DFH) Director Purchases $110,640.00 in Stock

Dream Finders Homes, Inc. (NYSE:DFH) Director Richard Beckwitt purchased 8,000 shares of the business’s stock in a transaction on Wednesday, August 12th. The stock was purchased at an average cost of $13.83 per share, for a total transaction of $110,640.00. Following the completion of the acquisition, the director directly owned 78,000 shares of the company’s stock, valued at approximately $1,078,740. The trade was a 11.43% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Thursday, August 13th, Richard Beckwitt purchased 12,000 shares of Dream Finders Homes stock. The stock was acquired at an average price of $14.80 per share, with a total value of $177,600.00.
• On Tuesday, August 11th, Richard Beckwitt acquired 70,000 shares of Dream Finders Homes stock. The stock was bought at an average cost of $13.95 per share, with a total value of $976,500.00.

Dream Finders Homes Trading Up 5.1%

NYSE DFH opened at $15.59 on Friday. The company has a fifty day simple moving average of $15.36 and a two-hundred day simple moving average of $15.75. The stock has a market cap of $1.41 billion, a P/E ratio of 10.90 and a beta of 1.88. Dream Finders Homes, Inc. has a 12-month low of $12.20 and a 12-month high of $31.50.

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

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Dream Finders Homes in a research report on Friday, August 7th. Wall Street Zen downgraded shares of Dream Finders Homes from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Dream Finders Homes presently has a consensus rating of “Hold” and a consensus price target of $26.00.

Institutional Trading of Dream Finders Homes

Several institutional investors have recently bought and sold shares of DFH. Hantz Financial Services Inc. raised its stake in shares of Dream Finders Homes by 154.0% during the 4th quarter. Hantz Financial Services Inc. now owns 1,674 shares of the company’s stock worth $29,000 after buying an additional 1,015 shares during the period. Advisory Services Network LLC purchased a new position in shares of Dream Finders Homes during the 3rd quarter valued at approximately $39,000. State of Wyoming acquired a new stake in Dream Finders Homes in the 1st quarter valued at $54,000. Versant Capital Management Inc grew its stake in Dream Finders Homes by 59.4% in the 2nd quarter. Versant Capital Management Inc now owns 5,135 shares of the company’s stock valued at $89,000 after acquiring an additional 1,913 shares during the period. Finally, Larson Financial Group LLC grew its stake in Dream Finders Homes by 4,853.5% in the 3rd quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock valued at $91,000 after acquiring an additional 3,446 shares during the period. 95.55% of the stock is owned by institutional investors and hedge funds.

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.