De Lisle Partners LLP Sells 22,441 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Key Points

• De Lisle Partners LLP has reduced its stake in Dream Finders Homes, Inc. by 13%, owning 150,502 shares valued at approximately $3.39 million after selling 22,441 shares in the first quarter.
• Other institutional investors increased their positions, with Denali Advisors LLC boosting its stake by 22.9% and now owning 277,496 shares valued at $6.26 million.
• Dream Finders Homes reported a Q1 earnings per share (EPS) of $0.54, missing estimates by $0.05, while its revenue increased by 19.6% year-over-year.

De Lisle Partners LLP lessened its stake in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 13.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 150,502 shares of the company's stock after selling 22,441 shares during the quarter. De Lisle Partners LLP owned 0.16% of Dream Finders Homes worth $3,392,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Eukles Asset Management acquired a new stake in shares of Dream Finders Homes during the 1st quarter worth about $34,000. KLP Kapitalforvaltning AS acquired a new stake in Dream Finders Homes during the 4th quarter worth approximately $116,000. GAMMA Investing LLC lifted its position in shares of Dream Finders Homes by 907.1% in the first quarter. GAMMA Investing LLC now owns 5,962 shares of the company's stock worth $135,000 after purchasing an additional 5,370 shares in the last quarter. State of Tennessee Department of Treasury bought a new position in shares of Dream Finders Homes in the 4th quarter valued at about $163,000. Finally, State of Wyoming grew its holdings in shares of Dream Finders Homes by 223.6% in the 4th quarter. State of Wyoming now owns 8,104 shares of the company's stock valued at $189,000 after acquiring an additional 5,600 shares in the last quarter. Institutional investors and hedge funds own 95.55% of the company's stock.

Insider Activity at Dream Finders Homes

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 10,687 shares of the firm's stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $27.42, for a total transaction of $293,037.54. Following the completion of the transaction, the chief executive officer owned 1,999,507 shares in the company, valued at $54,826,481.94. This trade represents a 0.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders sold a total of 31,264 shares of company stock valued at $855,698 over the last 90 days. 68.16% of the stock is owned by company insiders.

Dream Finders Homes Stock Performance

Shares of Dream Finders Homes stock traded down $0.10 during midday trading on Friday, reaching $25.22. 523,098 shares of the company's stock traded hands, compared to its average volume of 460,928. The company has a market cap of $2.36 billion, a PE ratio of 8.24, a price-to-earnings-growth ratio of 1.28 and a beta of 1.90. The stock has a 50 day moving average of $24.64 and a 200-day moving average of $23.54. Dream Finders Homes, Inc. has a 12 month low of $19.65 and a 12 month high of $39.15.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.57 earnings per share (EPS) 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 firm's quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.83 earnings per share. On average, equities analysts anticipate that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wedbush reaffirmed a "neutral" rating and set a $26.00 price objective on shares of Dream Finders Homes in a research report on Tuesday, May 6th.

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.