Aristeia Capital L.L.C. Buys Shares of 10,409 Dream Finders Homes, Inc. $DFH

Key Points

• Aristeia Capital L.L.C. acquired a new stake in Dream Finders Homes, Inc. (NASDAQ:DFH) by purchasing 10,409 shares valued at approximately $235,000.
• Goldman Sachs Group Inc. increased its stake in Dream Finders Homes by 8.6%, now holding 519,873 shares worth around $11.7 million.
• Dream Finders Homes reported earnings per share of $0.57 for the last quarter, falling short of analyst expectations of $0.65.

Aristeia Capital L.L.C. acquired a new position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 10,409 shares of the company's stock, valued at approximately $235,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Dream Finders Homes by 3.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,916 shares of the company's stock worth $370,000 after purchasing an additional 578 shares during the period. Rafferty Asset Management LLC grew its stake in shares of Dream Finders Homes by 5.3% during the 1st quarter. Rafferty Asset Management LLC now owns 19,502 shares of the company's stock worth $440,000 after purchasing an additional 974 shares during the period. New York State Teachers Retirement System grew its stake in shares of Dream Finders Homes by 14.6% during the 1st quarter. New York State Teachers Retirement System now owns 9,438 shares of the company's stock worth $213,000 after purchasing an additional 1,200 shares during the period. Comerica Bank grew its stake in shares of Dream Finders Homes by 14.1% during the 1st quarter. Comerica Bank now owns 10,628 shares of the company's stock worth $240,000 after purchasing an additional 1,310 shares during the period. Finally, Eukles Asset Management acquired a new position in shares of Dream Finders Homes during the 1st quarter worth $34,000. 95.55% of the stock is owned by institutional investors and hedge funds.

Dream Finders Homes Trading Down 3.4%

Shares of NASDAQ:DFH traded down $1.02 on Friday, reaching $29.10. 286,789 shares of the company were exchanged, compared to its average volume of 441,764. Dream Finders Homes, Inc. has a 1-year low of $19.65 and a 1-year high of $39.15. The firm has a market cap of $2.70 billion, a price-to-earnings ratio of 9.51, a price-to-earnings-growth ratio of 1.28 and a beta of 1.90. The company has a 50-day moving average of $27.60 and a 200-day moving average of $24.60.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates 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 quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.83 EPS. As a group, analysts forecast that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current year.

Insider Transactions at Dream Finders Homes

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 11,567 shares of the company's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $28.86, for a total value of $333,823.62. Following the transaction, the chief executive officer directly owned 1,927,772 shares in the company, valued at approximately $55,635,499.92. This represents a 0.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have sold 82,167 shares of company stock valued at $2,268,057. 68.16% of the stock is currently owned by corporate insiders.

Dream Finders Homes 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.