Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Purchased by Voloridge Investment Management LLC

Voloridge Investment Management LLC boosted its holdings in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 160.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 252,335 shares of the company's stock after purchasing an additional 155,470 shares during the quarter. Voloridge Investment Management LLC owned about 0.27% of Dream Finders Homes worth $5,872,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Barclays PLC boosted its holdings in shares of Dream Finders Homes by 45.2% in the third quarter. Barclays PLC now owns 92,402 shares of the company's stock valued at $3,345,000 after acquiring an additional 28,764 shares during the period. D. E. Shaw & Co. Inc. purchased a new stake in shares of Dream Finders Homes during the fourth quarter worth approximately $518,000. Wells Fargo & Company MN raised its stake in shares of Dream Finders Homes by 50.7% during the fourth quarter. Wells Fargo & Company MN now owns 442,456 shares of the company's stock worth $10,296,000 after purchasing an additional 148,789 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Dream Finders Homes by 48.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 185,005 shares of the company's stock worth $4,305,000 after purchasing an additional 60,125 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Dream Finders Homes by 30.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 684,855 shares of the company's stock worth $15,935,000 after purchasing an additional 159,882 shares during the last quarter. 95.55% of the stock is owned by institutional investors and hedge funds.

Dream Finders Homes Stock Performance

NASDAQ:DFH traded up $0.06 during trading hours on Friday, hitting $20.91. The company's stock had a trading volume of 279,581 shares, compared to its average volume of 489,442. The business's 50-day moving average is $22.15 and its two-hundred day moving average is $24.19. The company has a market capitalization of $1.96 billion, a PE ratio of 6.83, a PEG ratio of 1.28 and a beta of 1.95. Dream Finders Homes, Inc. has a 52-week low of $19.65 and a 52-week high of $39.15.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.05). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. Dream Finders Homes's quarterly revenue was up 19.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.55 earnings per share. As a group, analysts predict that Dream Finders Homes, Inc. will post 3.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Insider Activity

In related news, CFO Lorena Anabel Ramsay sold 1,029 shares of the stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $24.49, for a total transaction of $25,200.21. Following the sale, the chief financial officer now owns 184,213 shares of the company's stock, valued at $4,511,376.37. This trade represents a 0.56% 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. Company insiders own 68.16% of the company's stock.

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.