Dream Finders Homes, Inc. (NASDAQ:DFH) Director Sells $506,000.18 in Stock

Dream Finders Homes, Inc. (NASDAQ:DFH - Get Free Report) Director William Radford Lovett II sold 16,466 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $30.73, for a total transaction of $506,000.18. Following the completion of the transaction, the director now directly owns 4,914,124 shares of the company's stock, valued at $151,011,030.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

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 value 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 Price Performance

DFH stock traded down $0.42 during midday trading on Monday, hitting $33.19. The stock had a trading volume of 686,336 shares, compared to its average volume of 430,872. The company's 50-day moving average price is $28.07 and its 200 day moving average price is $32.16. The firm has a market cap of $3.10 billion, a PE ratio of 11.25, a price-to-earnings-growth ratio of 0.64 and a beta of 1.89. Dream Finders Homes, Inc. has a 12-month low of $18.29 and a 12-month high of $44.38.

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Dream Finders Homes (NASDAQ:DFH - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.77 by $0.04. Dream Finders Homes had a return on equity of 34.21% and a net margin of 8.00%. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous 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. As a group, sell-side analysts anticipate that Dream Finders Homes, Inc. will post 3.21 EPS for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on DFH. Wedbush reissued a "neutral" rating and set a $24.00 price target on shares of Dream Finders Homes in a research report on Thursday, May 2nd. Zelman & Associates upgraded Dream Finders Homes from a "neutral" rating to an "outperform" rating and set a $34.50 price objective for the company in a research report on Monday, May 13th.

Read Our Latest Stock Analysis on Dream Finders Homes

Institutional Trading of Dream Finders Homes

Institutional investors have recently made changes to their positions in the stock. Naples Money Management LLC acquired a new position in Dream Finders Homes during the first quarter valued at approximately $25,000. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Dream Finders Homes by 926.9% during 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. Atlantic Edge Private Wealth Management LLC purchased a new stake in Dream Finders Homes during the 4th quarter worth $46,000. Avalon Trust Co purchased a new stake in shares of Dream Finders Homes in the fourth quarter worth about $48,000. Finally, nVerses Capital LLC raised its holdings in shares of Dream Finders Homes by 1,800.0% during the 2nd quarter. nVerses Capital LLC now owns 1,900 shares of the company's stock valued at $49,000 after buying an additional 1,800 shares during the period. 95.55% of the stock is owned by hedge funds and other institutional investors.

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.

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