Denali Advisors LLC Has $6.26 Million Stake in Dream Finders Homes, Inc. (NASDAQ:DFH)

Denali Advisors LLC grew its position in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 22.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 277,496 shares of the company's stock after buying an additional 51,638 shares during the quarter. Denali Advisors LLC owned approximately 0.30% of Dream Finders Homes worth $6,260,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in DFH. Charles Schwab Investment Management Inc. raised its position in Dream Finders Homes by 4.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 237,520 shares of the company's stock valued at $5,527,000 after buying an additional 10,869 shares during the period. Victory Capital Management Inc. lifted its position in shares of Dream Finders Homes by 33.7% in the fourth quarter. Victory Capital Management Inc. now owns 33,849 shares of the company's stock worth $788,000 after purchasing an additional 8,528 shares in the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of Dream Finders Homes during the fourth quarter worth approximately $493,000. Intech Investment Management LLC grew its position in Dream Finders Homes by 49.1% during the fourth quarter. Intech Investment Management LLC now owns 17,676 shares of the company's stock valued at $411,000 after purchasing an additional 5,819 shares in the last quarter. Finally, Maryland State Retirement & Pension System purchased a new position in Dream Finders Homes during the fourth quarter valued at approximately $216,000. 95.55% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 10,687 shares of the company's stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $27.42, for a total transaction of $293,037.54. Following the sale, the chief executive officer directly owned 1,999,507 shares of the company's stock, valued at approximately $54,826,481.94. This represents a 0.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 68.16% of the company's stock.

Dream Finders Homes Price Performance

Shares of Dream Finders Homes stock traded down $1.61 during midday trading on Friday, hitting $25.52. 668,705 shares of the company were exchanged, compared to its average volume of 499,779. The firm has a 50 day simple moving average of $23.89 and a 200-day simple moving average of $23.26. Dream Finders Homes, Inc. has a 52 week low of $19.65 and a 52 week high of $39.15. The firm has a market cap of $2.39 billion, a P/E ratio of 8.34, a PEG ratio of 1.28 and a beta of 1.90.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.05). 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 19.6% on a year-over-year basis. During the same period last year, the company posted $0.55 EPS. Equities research analysts expect that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current year.

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.