PDT Partners LLC Buys 42,912 Shares of Dream Finders Homes, Inc. $DFH

Key Points

• PDT Partners LLC significantly increased its stake in Dream Finders Homes, Inc. by 118.9%, acquiring an additional 42,912 shares during the first quarter.
• Insiders, including CEO Patrick O. Zalupski, have sold a total of 63,041 shares over the last ninety days, representing a 0.27% decrease in his holdings.
• Dream Finders Homes reported a quarterly earnings miss, with earnings per share at $0.57, falling short of the consensus estimate of $0.65.

PDT Partners LLC lifted its position in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 118.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 79,015 shares of the company's stock after acquiring an additional 42,912 shares during the period. PDT Partners LLC owned 0.08% of Dream Finders Homes worth $1,783,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DFH. Eukles Asset Management bought a new stake in Dream Finders Homes during the 1st quarter valued at about $34,000. Quarry LP purchased a new position in shares of Dream Finders Homes in the first quarter worth approximately $40,000. GAMMA Investing LLC grew its holdings in Dream Finders Homes by 907.1% during the first 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 during the period. State of Tennessee Department of Treasury bought a new stake in Dream Finders Homes during the fourth quarter valued at about $163,000. Finally, State of Wyoming grew its holdings in Dream Finders Homes by 223.6% during the fourth quarter. State of Wyoming now owns 8,104 shares of the company's stock valued at $189,000 after purchasing an additional 5,600 shares during the period. Institutional investors own 95.55% of the company's stock.

Insider Transactions at Dream Finders Homes

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 11,567 shares of the business's 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 completion of the sale, the chief executive officer owned 1,927,772 shares of the company's stock, valued at approximately $55,635,499.92. The trade was a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders sold a total of 82,167 shares of company stock worth $2,268,057 over the last three months. Insiders own 68.16% of the company's stock.

Dream Finders Homes Stock Up 7.9%

NASDAQ:DFH traded up $2.26 during mid-day trading on Friday, hitting $30.96. 787,284 shares of the company traded hands, compared to its average volume of 446,091. The stock's fifty day moving average price is $27.25 and its 200-day moving average price is $24.34. Dream Finders Homes, Inc. has a one year low of $19.65 and a one year high of $39.15. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of 10.12, a price-to-earnings-growth ratio of 1.28 and a beta of 1.90.

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

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.