Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski Sells 30,433 Shares

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 30,433 shares of the business’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $34.81, for a total value of $1,059,372.73. Following the completion of the sale, the chief executive officer now directly owns 1,357,978 shares of the company’s stock, valued at approximately $47,271,214.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Dream Finders Homes Stock Performance

Shares of NASDAQ:DFH opened at $34.14 on Tuesday. The stock’s 50-day moving average is $37.90 and its 200-day moving average is $31.36. The company has a market cap of $3.18 billion, a P/E ratio of 11.98, a P/E/G ratio of 0.91 and a beta of 1.99. Dream Finders Homes, Inc. has a 52-week low of $14.59 and a 52-week high of $44.38.

Dream Finders Homes (NASDAQ:DFH) last announced its earnings results on Thursday, February 29th. The company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.29. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $898.68 million. Dream Finders Homes had a return on equity of 36.62% and a net margin of 7.89%. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.78 EPS. As a group, equities analysts predict that Dream Finders Homes, Inc. will post 3.45 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DFH. Bank of America raised their price objective on Dream Finders Homes from $29.00 to $45.00 and gave the company a “neutral” rating in a research note on Tuesday, April 2nd. TheStreet raised shares of Dream Finders Homes from a “c” rating to a “b” rating in a research report on Friday, March 1st.

Institutional Investors Weigh In On Dream Finders Homes

A number of institutional investors have recently bought and sold shares of the business. Federated Hermes Inc. acquired a new position in Dream Finders Homes during the fourth quarter worth $13,324,000. Norden Group LLC grew its holdings in shares of Dream Finders Homes by 2,580.6% in the 1st quarter. Norden Group LLC now owns 321,453 shares of the company’s stock worth $14,057,000 after purchasing an additional 309,461 shares during the last quarter. Great Lakes Advisors LLC acquired a new stake in shares of Dream Finders Homes during the 4th quarter worth about $6,826,000. Axiom Investors LLC DE acquired a new stake in shares of Dream Finders Homes during the 4th quarter worth about $6,718,000. Finally, Allspring Global Investments Holdings LLC lifted its holdings in Dream Finders Homes by 5,612.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 118,124 shares of the company’s stock valued at $4,197,000 after purchasing an additional 116,056 shares during the last quarter. Institutional investors and hedge funds own 95.55% of the company’s stock.

About Dream Finders Homes

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.