Cooke & Bieler LP lifted its holdings in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 17.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,866,067 shares of the company's stock after purchasing an additional 277,499 shares during the quarter. Cooke & Bieler LP owned about 2.00% of Dream Finders Homes worth $48,182,000 as of its most recent filing with the SEC.
Other large investors also recently bought and sold shares of the company. Naples Money Management LLC acquired a new stake in shares of Dream Finders Homes in the 1st quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Dream Finders Homes during the 4th quarter worth $46,000. nVerses Capital LLC grew its stake 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 worth $49,000 after purchasing an additional 1,800 shares during the period. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Dream Finders Homes by 926.9% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company's stock valued at $54,000 after purchasing an additional 1,103 shares in the last quarter. Finally, ORG Partners LLC acquired a new stake in shares of Dream Finders Homes in the second quarter valued at about $68,000. Hedge funds and other institutional investors own 95.55% of the company's stock.
Insider Buying and Selling
In related news, CEO Patrick O. Zalupski sold 54,665 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now owns 1,056,618 shares of the company's stock, valued at approximately $35,312,173.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 7,407 shares of the stock in a transaction on Tuesday, June 25th. The shares were sold at an average price of $25.25, for a total value of $187,026.75. Following the completion of the sale, the chief executive officer now directly owns 1,216,359 shares of the company's stock, valued at approximately $30,713,064.75. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Patrick O. Zalupski sold 54,665 shares of Dream Finders Homes stock in a transaction that occurred 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 in the company, valued at $35,312,173.56. The disclosure for this sale can be found here. Insiders sold 184,806 shares of company stock valued at $5,720,077 over the last 90 days. 70.45% of the stock is currently owned by company insiders.
Dream Finders Homes Stock Performance
Shares of NASDAQ DFH traded down $0.39 during midday trading on Wednesday, reaching $30.67. 263,627 shares of the company's stock were exchanged, compared to its average volume of 430,606. Dream Finders Homes, Inc. has a 52-week low of $18.29 and a 52-week high of $44.38. The business's fifty day moving average price is $29.05 and its two-hundred day moving average price is $32.17. The stock has a market capitalization of $2.87 billion, a PE ratio of 10.38, a price-to-earnings-growth ratio of 0.74 and a beta of 1.89.
Dream Finders Homes (NASDAQ:DFH - Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.77 by $0.04. The business 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%. The company's quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.65 earnings per share. Analysts predict that Dream Finders Homes, Inc. will post 3.22 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Separately, Zelman & Associates raised shares of 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 Research Report on DFH
About Dream Finders Homes
(
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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