Dream Finders Homes, Inc. (NASDAQ:DFH - Get Free Report)'s stock price gapped down before the market opened on Friday . The stock had previously closed at $30.12, but opened at $29.29. Dream Finders Homes shares last traded at $29.09, with a volume of 17,138 shares.
Dream Finders Homes Stock Performance
The company has a 50 day simple moving average of $27.70 and a 200 day simple moving average of $24.66. The company has a market capitalization of $2.78 billion, a PE ratio of 9.92, a price-to-earnings-growth ratio of 1.28 and a beta of 1.90.
Dream Finders Homes (NASDAQ:DFH - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.65 by ($0.08). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%.The company's revenue was up 9.0% compared to the same quarter last year. During the same period last year, the firm earned $0.83 EPS. As a group, equities research analysts anticipate that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.
Insider Buying and Selling at Dream Finders Homes
In other news, CEO Patrick O. Zalupski sold 11,567 shares of the business's stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $28.86, for a total transaction of $333,823.62. Following the transaction, the chief executive officer directly owned 1,927,772 shares in the company, valued at $55,635,499.92. The trade was a 0.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last 90 days, insiders sold 82,167 shares of company stock worth $2,268,057. Insiders own 68.16% of the company's stock.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. lifted its holdings in Dream Finders Homes by 39.7% in the second quarter. Osaic Holdings Inc. now owns 5,856 shares of the company's stock valued at $147,000 after acquiring an additional 1,665 shares during the last quarter. Squarepoint Ops LLC raised its position in Dream Finders Homes by 119.1% in the second quarter. Squarepoint Ops LLC now owns 43,915 shares of the company's stock valued at $1,104,000 after purchasing an additional 23,869 shares during the period. Thrivent Financial for Lutherans raised its position in Dream Finders Homes by 4.7% in the second quarter. Thrivent Financial for Lutherans now owns 21,076 shares of the company's stock valued at $530,000 after purchasing an additional 950 shares during the period. State of Wyoming purchased a new stake in Dream Finders Homes in the second quarter valued at approximately $123,000. Finally, Public Sector Pension Investment Board raised its position in Dream Finders Homes by 12.4% in the second quarter. Public Sector Pension Investment Board now owns 97,741 shares of the company's stock valued at $2,456,000 after purchasing an additional 10,813 shares during the period. 95.55% of the stock is currently owned by institutional investors and hedge funds.
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.
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