Dynamic Technology Lab Private Ltd Buys New Shares in Dream Finders Homes, Inc. $DFH

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 bought 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 Securities and Exchange Commission. The firm bought 20,848 shares of the company's stock, valued at approximately $470,000.

A number of other hedge funds also recently modified their holdings of the stock. New York State Teachers Retirement System raised its stake in Dream Finders Homes by 14.6% in 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 in the last quarter. M&T Bank Corp raised its stake in Dream Finders Homes by 10.9% in the 1st quarter. M&T Bank Corp now owns 33,603 shares of the company's stock worth $758,000 after purchasing an additional 3,306 shares in the last quarter. GAMMA Investing LLC raised its stake in Dream Finders Homes by 907.1% in the 1st 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. D. E. Shaw & Co. Inc. acquired a new stake in Dream Finders Homes in the 4th quarter worth about $518,000. Finally, Deutsche Bank AG raised its stake in Dream Finders Homes by 58.3% in the 4th quarter. Deutsche Bank AG now owns 25,159 shares of the company's stock worth $585,000 after purchasing an additional 9,269 shares in the last quarter. Institutional investors and hedge funds own 95.55% of the company's stock.

Dream Finders Homes Price Performance

Dream Finders Homes stock traded down $0.30 during midday trading on Tuesday, hitting $28.48. The company's stock had a trading volume of 310,066 shares, compared to its average volume of 440,263. Dream Finders Homes, Inc. has a 1-year low of $19.65 and a 1-year high of $39.15. The company has a 50-day moving average price of $27.70 and a two-hundred day moving average price of $24.66. The company has a market cap of $2.65 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 1.28 and a beta of 1.90.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.08). Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. During the same quarter in the prior year, the business earned $0.83 earnings per share. The business's revenue for the quarter was up 9.0% compared to the same quarter last year. Sell-side analysts forecast that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Insider Buying and Selling

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 11,567 shares of the firm'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 of the company's stock, valued at $55,635,499.92. This trade represents a 0.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 82,167 shares of company stock valued at $2,268,057. 68.16% of the stock is owned by company 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.