Insider Buying: Dream Finders Homes (NYSE:DFH) Director Purchases 8,000 Shares of Stock

Key Points

• Director Richard Beckwitt bought 8,000 Dream Finders Homes shares at an average $13.83 each, investing $110,640 and increasing his stake by 11.43% to 78,000 shares. He also recently purchased 82,000 additional shares in two other transactions.
• DFH shares rose 3.3% to $14.87, but remain well below their 52-week high of $31.50. The company most recently reported quarterly EPS of $0.27 on revenue of $1.06 billion.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and a $26 average price target; 95.55% of the stock is owned by hedge funds and other institutional investors.

Dream Finders Homes, Inc. (NYSE:DFH - Get Free Report) Director Richard Beckwitt acquired 8,000 shares of Dream Finders Homes stock in a transaction dated Wednesday, August 12th. The shares were acquired at an average price of $13.83 per share, with a total value of $110,640.00. Following the transaction, the director owned 78,000 shares in the company, valued at approximately $1,078,740. This represents a 11.43% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Richard Beckwitt also recently made the following trade(s):

• On Thursday, August 13th, Richard Beckwitt bought 12,000 shares of Dream Finders Homes stock. The stock was acquired at an average price of $14.80 per share, for a total transaction of $177,600.00.
• On Tuesday, August 11th, Richard Beckwitt bought 70,000 shares of Dream Finders Homes stock. The shares were acquired at an average cost of $13.95 per share, with a total value of $976,500.00.

Dream Finders Homes Trading Up 3.3%

DFH stock traded up $0.48 on Thursday, hitting $14.87. 544,211 shares of the company's stock traded hands, compared to its average volume of 664,260. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 10.40 and a beta of 1.88. Dream Finders Homes, Inc. has a 1-year low of $12.20 and a 1-year high of $31.50. The stock has a fifty day moving average of $15.33 and a 200-day moving average of $15.79.

Dream Finders Homes (NYSE:DFH - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.27 earnings per share (EPS) for the quarter. The firm had revenue of $1.06 billion for the quarter. Dream Finders Homes had a net margin of 3.55% and a return on equity of 10.38%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on DFH shares. Weiss Ratings restated a "sell (d+)" rating on shares of Dream Finders Homes in a report on Friday, August 7th. Wall Street Zen downgraded Dream Finders Homes from a "hold" rating to a "sell" rating in a report on Saturday, April 18th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Dream Finders Homes presently has a consensus rating of "Hold" and an average price target of $26.00.

Institutional Trading of Dream Finders Homes

Hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP lifted its position in Dream Finders Homes by 19.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company's stock worth $20,173,000 after buying an additional 234,899 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of Dream Finders Homes during the 1st quarter valued at $4,800,000. Janus Henderson Group PLC increased its stake in shares of Dream Finders Homes by 5.2% in the first quarter. Janus Henderson Group PLC now owns 1,876,795 shares of the company's stock worth $26,125,000 after acquiring an additional 92,691 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Dream Finders Homes by 24,680.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 94,663 shares of the company's stock worth $1,619,000 after acquiring an additional 94,281 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of Dream Finders Homes by 105.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 128,872 shares of the company's stock worth $2,204,000 after acquiring an additional 66,294 shares in the last quarter. 95.55% of the stock is owned by hedge funds and other institutional investors.

About Dream Finders Homes

Dream Finders Homes is a residential homebuilder that specializes in the design, marketing and construction of single‐family homes, townhomes and condominiums. The company operates a semi‐custom building model that allows homebuyers to select from a range of floor plans and interior finishes, blending the efficiency of production building with the appeal of personalized design options. Dream Finders Homes emphasizes customer engagement through design studios and online tools, guiding buyers through each stage of the homebuilding process from lot selection to move-in.

Since its founding in 2015, Dream Finders Homes has focused on master‐planned and mixed-use communities, often collaborating with community developers to create integrated neighborhoods.

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