Dream Finders Homes, Inc. (NASDAQ:DFH) CFO Sells $25,200.21 in Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CFO Lorena Anabel Ramsay sold 1,029 shares of Dream Finders Homes stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $24.49, for a total transaction of $25,200.21. Following the completion of the transaction, the chief financial officer now directly owns 184,213 shares of the company’s stock, valued at approximately $4,511,376.37. This represents a 0.56 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Dream Finders Homes Stock Performance

Shares of DFH opened at $24.21 on Friday. Dream Finders Homes, Inc. has a 1 year low of $20.54 and a 1 year high of $44.38. The company has a market cap of $2.26 billion, a price-to-earnings ratio of 7.91, a price-to-earnings-growth ratio of 1.28 and a beta of 1.99. The firm has a fifty day moving average of $23.27 and a 200-day moving average of $28.39.

Dream Finders Homes (NASDAQ:DFH) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.25. Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the previous year, the company posted $1.00 earnings per share. The company’s revenue for the quarter was up 35.2% compared to the same quarter last year. Analysts predict that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Hedge Funds Weigh In On Dream Finders Homes

Several hedge funds and other institutional investors have recently modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of Dream Finders Homes by 11.0% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,009,774 shares of the company’s stock valued at $139,847,000 after acquiring an additional 594,592 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Dream Finders Homes by 24.0% during the fourth quarter. Vanguard Group Inc. now owns 3,127,977 shares of the company’s stock valued at $72,788,000 after acquiring an additional 605,508 shares during the period. Cooke & Bieler LP raised its stake in shares of Dream Finders Homes by 19.7% during the fourth quarter. Cooke & Bieler LP now owns 2,196,975 shares of the company’s stock valued at $51,124,000 after purchasing an additional 361,616 shares in the last quarter. Janus Henderson Group PLC raised its stake in shares of Dream Finders Homes by 199.4% during the fourth quarter. Janus Henderson Group PLC now owns 2,064,990 shares of the company’s stock valued at $48,053,000 after purchasing an additional 1,375,305 shares in the last quarter. Finally, Arcus Capital Partners LLC raised its stake in shares of Dream Finders Homes by 21.1% during the fourth quarter. Arcus Capital Partners LLC now owns 2,061,341 shares of the company’s stock valued at $47,967,000 after purchasing an additional 359,659 shares in the last quarter. Institutional investors and hedge funds own 95.55% of the company’s stock.

Analysts Set New Price Targets

Separately, Bank of America decreased their price objective on shares of Dream Finders Homes from $33.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, January 27th.

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.