Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC reduced its position in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 99.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,324 shares of the company's stock after selling 156,287 shares during the period. Allspring Global Investments Holdings LLC's holdings in Dream Finders Homes were worth $48,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DFH. nVerses Capital LLC increased its position in shares of 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 buying an additional 1,800 shares during the period. ORG Partners LLC bought a new stake in shares of Dream Finders Homes during the second quarter valued at about $68,000. Benjamin F. Edwards & Company Inc. increased its position in shares of Dream Finders Homes by 139.2% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,923 shares of the company's stock valued at $75,000 after buying an additional 1,701 shares during the period. Palouse Capital Management Inc. bought a new stake in shares of Dream Finders Homes during the second quarter valued at about $79,000. Finally, ORG Wealth Partners LLC bought a new stake in shares of Dream Finders Homes during the third quarter valued at about $105,000. 95.55% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director William Radford Lovett II sold 16,466 shares of the firm's stock in a transaction on Thursday, August 22nd. The stock was 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 in the company, valued at $151,011,030.52. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director William Radford Lovett II sold 16,466 shares of the firm's stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $30.73, for a total value of $506,000.18. Following the transaction, the director now owns 4,914,124 shares of the company's stock, valued at $151,011,030.52. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Patrick O. Zalupski sold 59,106 shares of Dream Finders Homes stock in a transaction that occurred on 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 directly owns 801,105 shares in the company, valued at $25,170,719.10. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 341,506 shares of company stock worth $11,356,792. 70.45% of the stock is owned by corporate insiders.

Dream Finders Homes Stock Performance

DFH traded up $1.44 during midday trading on Tuesday, hitting $32.40. The stock had a trading volume of 519,834 shares, compared to its average volume of 419,709. The company has a market cap of $3.04 billion, a P/E ratio of 10.59, a price-to-earnings-growth ratio of 0.68 and a beta of 1.93. The business has a fifty day moving average of $33.38 and a 200 day moving average of $30.59. Dream Finders Homes, Inc. has a 1 year low of $22.10 and a 1 year high of $44.38.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.70 earnings per share for the quarter, missing analysts' consensus estimates of $0.84 by ($0.14). The company had revenue of $986.26 million for the quarter, compared to analysts' expectations of $1.07 billion. Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. The business's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period last year, the company posted $0.75 EPS. On average, equities research analysts anticipate that Dream Finders Homes, Inc. will post 3.29 earnings per share for the current year.

Wall Street Analyst Weigh In

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