Patrick O. Zalupski Sells 16,987 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 16,987 shares of the company’s stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $33.09, for a total transaction of $562,099.83. Following the completion of the transaction, the chief executive officer now owns 877,341 shares of the company’s stock, valued at $29,031,213.69. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Dream Finders Homes Price Performance

Shares of Dream Finders Homes stock opened at $32.76 on Friday. The company has a 50-day moving average of $32.31 and a 200 day moving average of $31.58. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of 10.53, a PEG ratio of 0.75 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 issued its quarterly 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 during the quarter, compared to analyst estimates of $1.08 billion. Dream Finders Homes had a net margin of 8.00% and a return on equity of 32.99%. Dream Finders Homes’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period last year, the business earned $0.65 EPS. On average, equities analysts anticipate that Dream Finders Homes, Inc. will post 3.22 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Bank of America upped their price objective on shares of Dream Finders Homes from $35.00 to $38.00 and gave the stock a “neutral” rating in a report on Thursday, September 19th.

Institutional Trading of Dream Finders Homes

Institutional investors have recently bought and sold shares of the company. Naples Money Management LLC purchased a new stake in Dream Finders Homes during the 1st quarter valued at about $25,000. nVerses Capital LLC grew its position in Dream Finders Homes by 1,800.0% during the 2nd 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 during the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Dream Finders Homes by 926.9% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company’s stock valued at $54,000 after acquiring an additional 1,103 shares during the last quarter. ORG Partners LLC purchased a new stake in shares of Dream Finders Homes during the 2nd quarter valued at about $68,000. Finally, Palouse Capital Management Inc. purchased a new stake in shares of Dream Finders Homes during the 2nd quarter valued at about $79,000. 95.55% of the stock is owned by hedge funds and other institutional investors.

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.