Mark Sheptoff Financial Planning LLC Invests $33,000 in Dream Finders Homes, Inc. (NASDAQ:DFH)

Mark Sheptoff Financial Planning LLC purchased a new position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 900 shares of the company’s stock, valued at approximately $33,000.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Dream Finders Homes by 2.2% in the first quarter. Vanguard Group Inc. now owns 2,115,337 shares of the company’s stock valued at $92,504,000 after buying an additional 45,890 shares during the period. Cooke & Bieler LP lifted its holdings in Dream Finders Homes by 17.5% in the second quarter. Cooke & Bieler LP now owns 1,866,067 shares of the company’s stock valued at $48,182,000 after buying an additional 277,499 shares during the period. Dimensional Fund Advisors LP boosted its position in Dream Finders Homes by 55.4% during the second quarter. Dimensional Fund Advisors LP now owns 420,592 shares of the company’s stock valued at $10,859,000 after acquiring an additional 150,026 shares during the last quarter. Renaissance Technologies LLC grew its holdings 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 acquiring an additional 125,800 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Dream Finders Homes by 4.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 226,651 shares of the company’s stock worth $8,207,000 after acquiring an additional 10,446 shares in the last quarter. 95.55% of the stock is owned by institutional investors and hedge funds.

Dream Finders Homes Trading Down 0.2 %

Shares of NASDAQ DFH opened at $33.27 on Friday. The firm has a market capitalization of $3.11 billion, a P/E ratio of 10.87, a P/E/G ratio of 0.80 and a beta of 1.93. The firm’s 50-day moving average price is $32.50 and its 200-day moving average price is $30.31. Dream Finders Homes, Inc. has a 1-year low of $23.46 and a 1-year high of $44.38.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.14). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The firm had revenue of $986.26 million for the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the company posted $0.75 earnings per share. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. Equities research analysts forecast that Dream Finders Homes, Inc. will post 3.35 EPS for the current year.

Insider Transactions at Dream Finders Homes

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 59,106 shares of Dream Finders Homes stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $31.42, for a total transaction of $1,857,110.52. Following the completion of the transaction, the chief executive officer now owns 801,105 shares in the company, valued at approximately $25,170,719.10. The trade was a 6.87 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William Radford Lovett II sold 8,698 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $30.39, for a total value of $264,332.22. Following the completion of the sale, the director now directly owns 4,877,666 shares of the company’s stock, valued at approximately $148,232,269.74. This trade represents a 0.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 289,692 shares of company stock valued at $9,655,077 over the last ninety days. 70.45% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

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

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.