Victory Capital Management Inc. Sells 18,549 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Key Points

• Victory Capital Management Inc. has decreased its holdings in Dream Finders Homes by 54.8%, now owning 15,300 shares worth approximately $345,000 after selling 18,549 shares.
• Insiders have sold a total of 31,264 shares valued at $855,698 over the last 90 days, with 68.16% of the stock currently owned by insiders.
• Dream Finders Homes reported an EPS of $0.57 for the last quarter, missing estimates by $0.08, and saw a 9.0% increase in revenue year-over-year.

Victory Capital Management Inc. lowered its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 54.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,300 shares of the company's stock after selling 18,549 shares during the period. Victory Capital Management Inc.'s holdings in Dream Finders Homes were worth $345,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of DFH. Janus Henderson Group PLC grew its position in Dream Finders Homes by 199.4% during the 4th quarter. Janus Henderson Group PLC now owns 2,064,990 shares of the company's stock worth $48,053,000 after acquiring an additional 1,375,305 shares during the last quarter. Vanguard Group Inc. grew its position in Dream Finders Homes by 24.0% during the 4th quarter. Vanguard Group Inc. now owns 3,127,977 shares of the company's stock worth $72,788,000 after acquiring an additional 605,508 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in Dream Finders Homes by 11.0% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,009,774 shares of the company's stock worth $139,847,000 after acquiring an additional 594,592 shares during the last quarter. Invesco Ltd. grew its position in Dream Finders Homes by 210.7% during the 4th quarter. Invesco Ltd. now owns 507,903 shares of the company's stock worth $11,819,000 after acquiring an additional 344,426 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Dream Finders Homes by 30.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 684,855 shares of the company's stock worth $15,935,000 after acquiring an additional 159,882 shares during the last quarter. Institutional investors own 95.55% of the company's stock.

Insider Buying and Selling

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 10,687 shares of Dream Finders Homes stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $27.42, for a total transaction of $293,037.54. Following the transaction, the chief executive officer directly owned 1,999,507 shares of the company's stock, valued at approximately $54,826,481.94. The trade was a 0.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders sold 31,264 shares of company stock worth $855,698. 68.16% of the stock is currently owned by insiders.

Dream Finders Homes Trading Down 0.4%

Shares of DFH opened at $25.22 on Friday. The company has a market capitalization of $2.36 billion, a PE ratio of 8.24, a PEG ratio of 1.28 and a beta of 1.90. Dream Finders Homes, Inc. has a 12 month low of $19.65 and a 12 month high of $39.15. The stock's 50-day moving average price is $24.73 and its two-hundred day moving average price is $23.54.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last announced 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 return on equity of 30.18% and a net margin of 7.65%. The business's revenue was up 9.0% on a year-over-year basis. During the same period last year, the company earned $0.83 EPS. Equities research analysts predict that Dream Finders Homes, Inc. will post 3.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.

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