20,848 Shares in Dream Finders Homes, Inc. $DFH Bought by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd acquired a new position in Dream Finders Homes, purchasing 20,848 shares valued at approximately $470,000, according to its recent Form 13F filing.
• Insider trading was observed as CEO Patrick O. Zalupski sold 11,567 shares at an average price of $28.86, leading to a 0.60% decrease in his ownership.
• Dream Finders Homes reported a quarterly EPS of $0.57, missing analysts' expectations, with a revenue increase of 9% year-over-year.

Dynamic Technology Lab Private Ltd purchased a new position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 20,848 shares of the company's stock, valued at approximately $470,000.

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

Insider Activity

In related news, CEO Patrick O. Zalupski sold 11,567 shares of Dream Finders Homes stock in a transaction dated 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 of the company's stock, valued at $55,635,499.92. The trade was a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 82,167 shares of company stock valued at $2,268,057 over the last ninety days. Corporate insiders own 68.16% of the company's stock.

Dream Finders Homes Stock Down 3.4%

DFH stock traded down $1.02 on Friday, reaching $29.10. 286,789 shares of the company's stock were exchanged, compared to its average volume of 441,764. Dream Finders Homes, Inc. has a twelve month low of $19.65 and a twelve month high of $39.15. The firm has a market cap of $2.70 billion, a PE ratio of 9.51, a P/E/G ratio of 1.28 and a beta of 1.90. The stock has a fifty day moving average of $27.60 and a 200-day moving average of $24.59.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last announced its earnings results 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%.During the same quarter last year, the firm posted $0.83 EPS. Dream Finders Homes's revenue was up 9.0% on a year-over-year basis. On average, equities research analysts predict that Dream Finders Homes, Inc. will post 3.31 EPS for the current fiscal year.

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.