Denali Advisors LLC Boosts Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

Denali Advisors LLC boosted its holdings in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 22.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 277,496 shares of the company's stock after purchasing an additional 51,638 shares during the quarter. Denali Advisors LLC owned approximately 0.30% of Dream Finders Homes worth $6,260,000 as of its most recent filing with the Securities and Exchange Commission.

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

Wall Street Analyst Weigh In

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

Dream Finders Homes Trading Up 12.5%

DFH traded up $3.17 on Tuesday, hitting $28.58. 956,797 shares of the stock traded hands, compared to its average volume of 501,789. 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 capitalization of $2.67 billion, a PE ratio of 9.34, a P/E/G ratio of 1.28 and a beta of 1.90. The business has a fifty day moving average price of $23.89 and a two-hundred day moving average price of $23.26.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.59 by ($0.05). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. During the same period in the prior year, the business earned $0.55 EPS. The business's quarterly revenue was up 19.6% compared to the same quarter last year. On average, equities research analysts forecast that Dream Finders Homes, Inc. will post 3.31 EPS for the current fiscal year.

Insider Buying and Selling at Dream Finders Homes

In other news, CEO Patrick O. Zalupski sold 10,687 shares of the stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $27.42, for a total value of $293,037.54. Following the transaction, the chief executive officer owned 1,999,507 shares of the company's stock, valued at $54,826,481.94. This represents a 0.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 68.16% of the stock is currently owned by company insiders.

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.