Dream Finders Homes, Inc. (NASDAQ:DFH - Get Free Report) CEO Patrick O. Zalupski sold 59,106 shares of the company's stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of $31.42, for a total value of $1,857,110.52. Following the sale, the chief executive officer now owns 801,105 shares in the company, valued at approximately $25,170,719.10. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Dream Finders Homes Stock Up 1.6 %
Shares of DFH stock traded up $0.52 during trading on Thursday, hitting $32.54. The company had a trading volume of 341,574 shares, compared to its average volume of 421,036. The stock's 50-day moving average is $33.25 and its two-hundred day moving average is $30.98. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of 10.88, a price-to-earnings-growth ratio of 0.75 and a beta of 1.89. Dream Finders Homes, Inc. has a 52 week low of $18.29 and a 52 week high of $44.38.
Dream Finders Homes (NASDAQ:DFH - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.04. The company had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $1.08 billion. Dream Finders Homes had a net margin of 8.00% and a return on equity of 32.99%. Dream Finders Homes's revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 earnings per share. On average, research analysts predict that Dream Finders Homes, Inc. will post 3.22 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Naples Money Management LLC bought a new position in Dream Finders Homes during the first quarter valued at approximately $25,000. Benjamin F. Edwards & Company Inc. grew its position in Dream Finders Homes by 926.9% during the first 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 during the last quarter. nVerses Capital LLC grew its position in Dream Finders Homes by 1,800.0% during the second quarter. nVerses Capital LLC now owns 1,900 shares of the company's stock valued at $49,000 after acquiring an additional 1,800 shares during the last quarter. ORG Partners LLC bought a new position in Dream Finders Homes during the second quarter valued at approximately $68,000. Finally, ORG Wealth Partners LLC bought a new position in Dream Finders Homes during the third quarter valued at approximately $105,000. 95.55% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Separately, Bank of America upped their price objective on shares of Dream Finders Homes from $35.00 to $38.00 and gave the stock a "neutral" rating in a research report on Thursday, September 19th.
Get Our Latest Stock Report on DFH
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Dream Finders Homes, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dream Finders Homes wasn't on the list.
While Dream Finders Homes currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
