William Radford Lovett II Sells 9,869 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Posted by Gary Stephens on Oct 9th, 2024

Dream Finders Homes, Inc. (NASDAQ:DFH – Get Free Report) Director William Radford Lovett II sold 9,869 shares of the business’s stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $34.84, for a total transaction of $343,835.96. Following the transaction, the director now owns 4,694,252 shares in the company, valued at $163,547,739.68. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

On Thursday, September 19th, William Radford Lovett II sold 32,724 shares of Dream Finders Homes stock. The stock was sold at an average price of $37.72, for a total transaction of $1,234,349.28.
On Monday, September 16th, William Radford Lovett II sold 30,000 shares of Dream Finders Homes stock. The shares were sold at an average price of $34.50, for a total value of $1,035,000.00.
On Thursday, September 12th, William Radford Lovett II sold 30,000 shares of Dream Finders Homes stock. The stock was sold at an average price of $32.55, for a total value of $976,500.00.
On Thursday, September 5th, William Radford Lovett II sold 8,698 shares of Dream Finders Homes stock. The stock was sold at an average price of $30.39, for a total value of $264,332.22.
On Thursday, August 22nd, William Radford Lovett II sold 16,466 shares of Dream Finders Homes stock. The shares were sold at an average price of $30.73, for a total transaction of $506,000.18.
On Wednesday, August 7th, William Radford Lovett II sold 798 shares of Dream Finders Homes stock. The stock was sold at an average price of $28.05, for a total transaction of $22,383.90.
On Thursday, July 18th, William Radford Lovett II sold 24,774 shares of Dream Finders Homes stock. The shares were sold at an average price of $31.15, for a total transaction of $771,710.10.

Dream Finders Homes Trading Down 0.1 %

Shares of DFH opened at $33.59 on Wednesday. The company’s 50-day moving average price is $32.13 and its 200 day moving average price is $31.69. Dream Finders Homes, Inc. has a 12-month low of $18.29 and a 12-month high of $44.38. The firm has a market cap of $3.13 billion, a P/E ratio of 11.39, a price-to-earnings-growth ratio of 0.83 and a beta of 1.89.

Dream Finders Homes (NASDAQ:DFH – Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. Dream Finders Homes had a net margin of 8.00% and a return on equity of 32.99%. The business had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the business earned $0.65 earnings per share. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. Equities research analysts forecast that Dream Finders Homes, Inc. will post 3.22 earnings per share for the current year.

Analyst Ratings Changes

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

Read Our Latest Report on Dream Finders Homes

Institutional Trading of Dream Finders Homes

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Naples Money Management LLC purchased a new position in shares of Dream Finders Homes during the first quarter worth $25,000. Janus Henderson Group PLC boosted its holdings in Dream Finders Homes by 3.3% during the 1st quarter. Janus Henderson Group PLC now owns 22,674 shares of the company’s stock valued at $992,000 after acquiring an additional 728 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in Dream Finders Homes by 17.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,935 shares of the company’s stock valued at $304,000 after acquiring an additional 1,041 shares during the period. Benjamin F. Edwards & Company Inc. grew its position in Dream Finders Homes by 926.9% in 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 in the last quarter. Finally, US Bancorp DE increased its stake in Dream Finders Homes by 4.0% during the first quarter. US Bancorp DE now owns 30,243 shares of the company’s stock worth $1,323,000 after purchasing an additional 1,169 shares during the period. Hedge funds and other institutional investors own 95.55% of the company’s stock.

About Dream Finders Homes

(Get Free Report)

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.