Dream Finders Homes, Inc. (NASDAQ:DFH) Director Sells $353,160.72 in Stock

Dream Finders Homes, Inc. (NASDAQ:DFH - Get Free Report) Director William Radford Lovett II sold 10,492 shares of the firm's stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $33.66, for a total transaction of $353,160.72. Following the transaction, the director now owns 4,667,800 shares of the company's stock, valued at approximately $157,118,148. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Thursday, October 3rd, William Radford Lovett II sold 9,869 shares of Dream Finders Homes stock. The stock was sold at an average price of $34.84, for a total transaction of $343,835.96.
• On Thursday, September 19th, William Radford Lovett II sold 32,724 shares of Dream Finders Homes stock. The stock was sold at an average price of $37.72, for a total transaction of $1,234,349.28.
• On Monday, September 16th, William Radford Lovett II sold 30,000 shares of Dream Finders Homes stock. The stock was sold at an average price of $34.50, for a total transaction of $1,035,000.00.
• On Thursday, September 12th, William Radford Lovett II sold 30,000 shares of Dream Finders Homes stock. The stock was sold at an average price of $32.55, for a total transaction of $976,500.00.
• On Thursday, September 5th, William Radford Lovett II sold 8,698 shares of Dream Finders Homes stock. The stock was sold at an average price of $30.39, for a total transaction of $264,332.22.
• On Thursday, August 22nd, William Radford Lovett II sold 16,466 shares of Dream Finders Homes stock. The stock was sold at an average price of $30.73, for a total transaction of $506,000.18.
• On Wednesday, August 7th, William Radford Lovett II sold 798 shares of Dream Finders Homes stock. The shares were sold at an average price of $28.05, for a total transaction of $22,383.90.

Dream Finders Homes Stock Down 3.9 %

Dream Finders Homes stock traded down $1.37 during midday trading on Monday, reaching $33.86. The stock had a trading volume of 381,125 shares, compared to its average volume of 418,968. Dream Finders Homes, Inc. has a 12 month low of $18.29 and a 12 month high of $44.38. The firm's 50-day moving average price is $33.13 and its 200 day moving average price is $31.06. The firm has a market capitalization of $3.16 billion, a PE ratio of 11.48, a P/E/G ratio of 0.75 and a beta of 1.89.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.77 by $0.04. Dream Finders Homes had a return on equity of 32.99% and a net margin of 8.00%. The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the firm earned $0.65 earnings per share. Dream Finders Homes's revenue was up 11.9% on a year-over-year basis. Equities research analysts expect that Dream Finders Homes, Inc. will post 3.22 EPS for the current year.

Institutional Trading of Dream Finders Homes

Several hedge funds and other institutional investors have recently bought and sold shares of DFH. SG Americas Securities LLC lifted its position in Dream Finders Homes by 445.3% in the first quarter. SG Americas Securities LLC now owns 34,641 shares of the company's stock valued at $1,515,000 after purchasing an additional 28,288 shares during the last quarter. Norden Group LLC grew its stake in shares of Dream Finders Homes by 2,580.6% during the 1st quarter. Norden Group LLC now owns 321,453 shares of the company's stock valued at $14,057,000 after purchasing an additional 309,461 shares during the period. Oppenheimer & Co. Inc. bought a new stake in shares of Dream Finders Homes during the 1st quarter valued at about $1,570,000. Vanguard Group Inc. grew its stake in shares of Dream Finders Homes by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 2,115,337 shares of the company's stock valued at $92,504,000 after purchasing an additional 45,890 shares during the period. Finally, Denali Advisors LLC lifted its position in shares of Dream Finders Homes by 27.9% during the 2nd quarter. Denali Advisors LLC now owns 140,409 shares of the company's stock valued at $3,625,000 after buying an additional 30,599 shares in the last quarter. Hedge funds and other institutional investors own 95.55% of the company's stock.

Analyst Ratings Changes

Separately, Bank of America lifted their price objective on shares of 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.