Insider Selling: Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Sells $829,485.94 in Stock

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 shares were sold at an average price of $30.86, for a total value of $829,485.94. Following the sale, the chief executive officer now directly owns 991,171 shares in the company, valued at $30,587,537.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Dream Finders Homes Stock Up 5.2 %

Shares of NASDAQ DFH opened at $34.32 on Friday. The firm’s 50-day moving average price is $30.07 and its 200-day moving average price is $32.00. Dream Finders Homes, Inc. has a 52-week low of $18.29 and a 52-week high of $44.38. The company has a market cap of $3.20 billion, a PE ratio of 11.63, a PEG ratio of 0.68 and a beta of 1.89.

Dream Finders Homes (NASDAQ:DFH) last issued its earnings results on Thursday, August 1st. The company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.04. The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Dream Finders Homes had a net margin of 8.00% and a return on equity of 32.99%. The firm’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the company posted $0.65 earnings per share. As a group, equities research analysts anticipate that Dream Finders Homes, Inc. will post 3.22 EPS for the current fiscal year.

Institutional Trading of Dream Finders Homes

Several large investors have recently modified their holdings of DFH. Naples Money Management LLC purchased a new position in Dream Finders Homes in the first quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC bought a new position in shares of Dream Finders Homes in the 4th quarter worth approximately $46,000. nVerses Capital LLC boosted its holdings in shares of Dream Finders Homes by 1,800.0% in the second quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock worth $49,000 after buying an additional 1,800 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its position in Dream Finders Homes by 926.9% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company’s stock valued at $54,000 after buying an additional 1,103 shares during the period. Finally, ORG Partners LLC bought a new position in Dream Finders Homes in the second quarter worth approximately $68,000. Institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Company Profile

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.