Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Bought by Walleye Capital LLC

Walleye Capital LLC lifted its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 227.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,099 shares of the company's stock after acquiring an additional 20,210 shares during the quarter. Walleye Capital LLC's holdings in Dream Finders Homes were worth $677,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. FMR LLC grew its stake in Dream Finders Homes by 99.4% in the 3rd quarter. FMR LLC now owns 2,945 shares of the company's stock valued at $107,000 after acquiring an additional 1,468 shares during the period. HighTower Advisors LLC purchased a new stake in shares of Dream Finders Homes during the third quarter worth about $234,000. Barclays PLC raised its position in shares of Dream Finders Homes by 45.2% during the 3rd quarter. Barclays PLC now owns 92,402 shares of the company's stock worth $3,345,000 after purchasing an additional 28,764 shares during the last quarter. Geode Capital Management LLC lifted its stake in Dream Finders Homes by 6.7% in the 3rd quarter. Geode Capital Management LLC now owns 622,342 shares of the company's stock valued at $22,539,000 after buying an additional 39,130 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Dream Finders Homes in the 3rd quarter worth about $63,000. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Bank of America decreased their target price on Dream Finders Homes from $33.00 to $32.00 and set a "neutral" rating on the stock in a research report on Monday, January 27th.

Dream Finders Homes Trading Up 5.7 %

DFH opened at $22.23 on Wednesday. Dream Finders Homes, Inc. has a twelve month low of $19.65 and a twelve month high of $39.15. The firm has a market capitalization of $2.08 billion, a PE ratio of 7.27, a PEG ratio of 1.28 and a beta of 1.95. The firm's 50-day moving average price is $22.95 and its 200 day moving average price is $26.10.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last issued its earnings results on Tuesday, February 25th. The company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.25. Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The business had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.39 billion. During the same period in the previous year, the firm posted $1.00 EPS. The business's revenue for the quarter was up 35.2% compared to the same quarter last year. As a group, analysts predict that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Dream Finders Homes

In other news, CFO Lorena Anabel Ramsay sold 1,029 shares of Dream Finders Homes stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $24.49, for a total transaction of $25,200.21. Following the sale, the chief financial officer now owns 184,213 shares of the company's stock, valued at approximately $4,511,376.37. The trade was a 0.56 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 70.45% of the stock is owned by company insiders.

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.

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