15,549 Shares in Dream Finders Homes, Inc. (NASDAQ:DFH) Purchased by State of Alaska Department of Revenue

State of Alaska Department of Revenue purchased a new stake in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,549 shares of the company's stock, valued at approximately $361,000.

A number of other large investors have also added to or reduced their stakes in DFH. Janus Henderson Group PLC lifted its holdings in shares of Dream Finders Homes by 2,502.1% in the 3rd quarter. Janus Henderson Group PLC now owns 689,685 shares of the company's stock worth $24,974,000 after acquiring an additional 663,180 shares during the last quarter. Bretton Capital Management LLC bought a new stake in Dream Finders Homes in the third quarter worth $4,508,000. Geode Capital Management LLC lifted its stake in Dream Finders Homes by 6.7% in the third quarter. Geode Capital Management LLC now owns 622,342 shares of the company's stock worth $22,539,000 after purchasing an additional 39,130 shares during the last quarter. Barclays PLC boosted its position in Dream Finders Homes by 45.2% during the third quarter. Barclays PLC now owns 92,402 shares of the company's stock valued at $3,345,000 after buying an additional 28,764 shares during the period. Finally, Natixis Advisors LLC grew its stake in shares of Dream Finders Homes by 85.2% during the third quarter. Natixis Advisors LLC now owns 44,662 shares of the company's stock valued at $1,617,000 after buying an additional 20,551 shares during the last quarter. Hedge funds and other institutional investors own 95.55% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Bank of America lowered their target price on Dream Finders Homes from $33.00 to $32.00 and set a "neutral" rating for the company in a research note on Monday, January 27th.

Insider Activity

In other news, CEO Patrick O. Zalupski sold 18,119 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $33.26, for a total value of $602,637.94. Following the completion of the transaction, the chief executive officer now owns 2,003,125 shares of the company's stock, valued at approximately $66,623,937.50. This represents a 0.90 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 70.45% of the company's stock.

Dream Finders Homes Stock Performance

NASDAQ:DFH traded down $0.01 during midday trading on Wednesday, reaching $22.02. 327,498 shares of the stock traded hands, compared to its average volume of 395,270. The stock has a market capitalization of $2.06 billion, a P/E ratio of 7.19, a PEG ratio of 1.31 and a beta of 2.01. The company has a fifty day moving average of $23.74 and a 200 day moving average of $29.08. Dream Finders Homes, Inc. has a 12 month low of $20.54 and a 12 month high of $44.38.

About Dream Finders Homes

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.