Dream Finders Homes, Inc. (NASDAQ:DFH) Director William Radford Lovett II Sells 32,724 Shares

Dream Finders Homes, Inc. (NASDAQ:DFH) Director William Radford Lovett II sold 32,724 shares of the company’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $37.72, for a total value of $1,234,349.28. Following the completion of the sale, the director now owns 4,733,674 shares of the company’s stock, valued at $178,554,183.28. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

William Radford Lovett II also recently made the following trade(s):

• On Monday, September 16th, William Radford Lovett II sold 30,000 shares of Dream Finders Homes stock. The stock was sold at an average price of $34.50, for a total transaction of $1,035,000.00.
• On Thursday, September 12th, William Radford Lovett II sold 30,000 shares of Dream Finders Homes stock. The shares were sold at an average price of $32.55, for a total transaction of $976,500.00.
• On Thursday, September 5th, William Radford Lovett II sold 8,698 shares of Dream Finders Homes stock. The shares were sold at an average price of $30.39, for a total transaction of $264,332.22.
• On Thursday, August 22nd, William Radford Lovett II sold 16,466 shares of Dream Finders Homes stock. The stock was sold at an average price of $30.73, for a total value of $506,000.18.
• On Wednesday, August 7th, William Radford Lovett II sold 798 shares of Dream Finders Homes stock. The shares were sold at an average price of $28.05, for a total value of $22,383.90.
• On Thursday, July 18th, William Radford Lovett II sold 24,774 shares of Dream Finders Homes stock. The stock was sold at an average price of $31.15, for a total value of $771,710.10.

Dream Finders Homes Price Performance

Shares of DFH opened at $34.97 on Thursday. The company’s fifty day moving average price is $31.50 and its 200-day moving average price is $31.90. Dream Finders Homes, Inc. has a 1-year low of $18.29 and a 1-year high of $44.38. The firm has a market capitalization of $3.28 billion, a PE ratio of 11.85, a price-to-earnings-growth ratio of 0.83 and a beta of 1.89.

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

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Dream Finders Homes

Several hedge funds and other institutional investors have recently bought and sold shares of DFH. Vanguard Group Inc. lifted its stake in Dream Finders Homes by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 2,115,337 shares of the company’s stock valued at $92,504,000 after acquiring an additional 45,890 shares during the period. Cooke & Bieler LP raised its holdings in shares of Dream Finders Homes by 17.5% during the second quarter. Cooke & Bieler LP now owns 1,866,067 shares of the company’s stock worth $48,182,000 after purchasing an additional 277,499 shares during the last quarter. Hood River Capital Management LLC lifted its position in Dream Finders Homes by 23.7% during the first quarter. Hood River Capital Management LLC now owns 516,071 shares of the company’s stock valued at $22,568,000 after purchasing an additional 98,922 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Dream Finders Homes by 55.4% in the second quarter. Dimensional Fund Advisors LP now owns 420,592 shares of the company’s stock valued at $10,859,000 after purchasing an additional 150,026 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in Dream Finders Homes by 57.9% during the 2nd quarter. Renaissance Technologies LLC now owns 343,110 shares of the company’s stock worth $8,859,000 after purchasing an additional 125,800 shares during the period. Institutional investors and hedge funds 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.