Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Sold by Arcus Capital Partners LLC

Arcus Capital Partners LLC reduced its stake in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 5.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,701,682 shares of the company's stock after selling 94,749 shares during the period. Dream Finders Homes makes up about 22.3% of Arcus Capital Partners LLC's investment portfolio, making the stock its biggest holding. Arcus Capital Partners LLC owned approximately 1.82% of Dream Finders Homes worth $61,618,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Janney Montgomery Scott LLC purchased a new position in Dream Finders Homes during the first quarter valued at approximately $312,000. SG Americas Securities LLC boosted its position in Dream Finders Homes by 445.3% in the 1st quarter. SG Americas Securities LLC now owns 34,641 shares of the company's stock valued at $1,515,000 after buying an additional 28,288 shares during the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of Dream Finders Homes during the 1st quarter valued at $1,570,000. Swiss National Bank boosted its position in shares of Dream Finders Homes by 7.3% during the first quarter. Swiss National Bank now owns 48,700 shares of the company's stock worth $2,130,000 after purchasing an additional 3,300 shares in the last quarter. Finally, Sei Investments Co. raised its holdings in shares of Dream Finders Homes by 15.4% during the first quarter. Sei Investments Co. now owns 164,517 shares of the company's stock worth $7,194,000 after acquiring an additional 21,933 shares during the period. 95.55% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Dream Finders Homes

In other news, CEO Patrick O. Zalupski sold 11,804 shares of the business's stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $28.62, for a total value of $337,830.48. Following the transaction, the chief executive officer now owns 1,130,907 shares of the company's stock, valued at approximately $32,366,558.34. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Patrick O. Zalupski sold 11,804 shares of the firm's stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $28.62, for a total transaction of $337,830.48. Following the completion of the sale, the chief executive officer now directly owns 1,130,907 shares of the company's stock, valued at approximately $32,366,558.34. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Patrick O. Zalupski sold 54,665 shares of Dream Finders Homes stock in a transaction on Monday, August 26th. The shares were sold at an average price of $33.42, for a total value of $1,826,904.30. Following the sale, the chief executive officer now directly owns 1,056,618 shares of the company's stock, valued at approximately $35,312,173.56. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 340,708 shares of company stock valued at $11,334,408 over the last 90 days. 70.45% of the stock is currently owned by corporate insiders.

Dream Finders Homes Trading Down 4.3 %

Shares of DFH traded down $1.34 during midday trading on Tuesday, reaching $29.82. The stock had a trading volume of 560,691 shares, compared to its average volume of 419,871. The company's 50-day moving average is $33.26 and its 200 day moving average is $30.49. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 9.79, a price-to-earnings-growth ratio of 0.78 and a beta of 1.93. Dream Finders Homes, Inc. has a 12-month low of $22.29 and a 12-month high of $44.38.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $0.70 EPS 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 company had revenue of $986.26 million during the quarter, compared to analysts' expectations of $1.07 billion. During the same period in the prior year, the company posted $0.75 earnings per share. The company's revenue was up 10.4% on a year-over-year basis. Research analysts forecast that Dream Finders Homes, Inc. will post 3.35 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Bank of America increased their price target on Dream Finders Homes from $35.00 to $38.00 and gave the company a "neutral" rating in a research note on Thursday, September 19th.

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.