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Len Sturm Purchases 1,500 Shares of Dream Finders Homes (NYSE:DFH) Stock

Dream Finders Homes logo with Consumer Discretionary background
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Key Points

  • Director Len Sturm purchased 1,500 Dream Finders Homes shares at an average price of $13.47, investing $20,205 and increasing his direct ownership to 30,728 shares. He has also made three additional purchases in August.
  • Dream Finders Homes shares recently traded at $13.78, near their 52-week low of $12.20 and below both their 50-day and 200-day moving averages. The company reported quarterly revenue of $1.06 billion and earnings of $0.27 per share.
  • Institutional investors own 95.55% of the stock, while analysts maintain an overall “Hold” rating with an average price target of $26.00; ratings include one Strong Buy, four Holds, and two Sells.
  • MarketBeat previews top five stocks to own in October.

Dream Finders Homes, Inc. (NYSE:DFH - Get Free Report) Director Len Sturm bought 1,500 shares of the business's stock in a transaction dated Thursday, September 3rd. The shares were bought at an average cost of $13.47 per share, with a total value of $20,205.00. Following the purchase, the director directly owned 30,728 shares of the company's stock, valued at approximately $413,906.16. This represents a 5.13% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Len Sturm also recently made the following trade(s):

  • On Wednesday, August 26th, Len Sturm purchased 1,000 shares of Dream Finders Homes stock. The shares were bought at an average price of $14.72 per share, with a total value of $14,720.00.
  • On Monday, August 24th, Len Sturm purchased 250 shares of Dream Finders Homes stock. The stock was bought at an average cost of $14.75 per share, for a total transaction of $3,687.50.
  • On Friday, August 21st, Len Sturm acquired 250 shares of Dream Finders Homes stock. The stock was purchased at an average price of $14.81 per share, for a total transaction of $3,702.50.

Dream Finders Homes Trading Down 0.1%

NYSE:DFH traded down $0.02 during trading hours on Friday, hitting $13.78. 451,511 shares of the stock were exchanged, compared to its average volume of 651,907. Dream Finders Homes, Inc. has a 52-week low of $12.20 and a 52-week high of $31.50. The firm's fifty day moving average price is $15.17 and its 200 day moving average price is $15.26. The company has a market cap of $1.25 billion, a P/E ratio of 9.64 and a beta of 1.91.

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

Institutional Investors Weigh In On Dream Finders Homes

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. boosted its holdings in Dream Finders Homes by 11.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company's stock valued at $95,000 after purchasing an additional 402 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Dream Finders Homes by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,597 shares of the company's stock worth $374,000 after buying an additional 681 shares during the last quarter. Creative Planning increased its holdings in shares of Dream Finders Homes by 10.2% during the 3rd quarter. Creative Planning now owns 9,028 shares of the company's stock worth $234,000 after buying an additional 832 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Dream Finders Homes by 4.9% during the 3rd quarter. Victory Capital Management Inc. now owns 18,166 shares of the company's stock valued at $471,000 after buying an additional 854 shares during the period. Finally, Epoch Investment Partners Inc. raised its position in shares of Dream Finders Homes by 1.1% during the 4th quarter. Epoch Investment Partners Inc. now owns 83,275 shares of the company's stock valued at $1,424,000 after buying an additional 941 shares during the period. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Dream Finders Homes in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, Dream Finders Homes currently has an average rating of "Hold" and an average price target of $26.00.

View Our Latest Research Report on Dream Finders Homes

About Dream Finders Homes

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Dream Finders Homes (NYSE:DFH)

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