Insider Selling: Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Sells 10,161 Shares of Stock

Dream Finders Homes, Inc. (NASDAQ:DFH - Get Free Report) CEO Patrick O. Zalupski sold 10,161 shares of the stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of $26.19, for a total value of $266,116.59. Following the transaction, the chief executive officer directly owned 2,010,194 shares in the company, valued at $52,646,980.86. The trade was a 0.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Dream Finders Homes Stock Up 0.2%

Shares of NASDAQ DFH traded up $0.05 during mid-day trading on Friday, reaching $28.27. 341,519 shares of the company were exchanged, compared to its average volume of 504,052. The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 9.24, a P/E/G ratio of 1.28 and a beta of 1.90. Dream Finders Homes, Inc. has a 1 year low of $19.65 and a 1 year high of $39.15. The firm has a 50-day moving average of $23.44 and a 200 day moving average of $23.13.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.54 earnings per share for the quarter, missing analysts' consensus estimates of $0.59 by ($0.05). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. During the same period in the previous year, the firm earned $0.55 EPS. The business's quarterly revenue was up 19.6% compared to the same quarter last year. On average, equities analysts forecast that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Eukles Asset Management acquired a new position in Dream Finders Homes during the 1st quarter valued at about $34,000. Quarry LP acquired a new position in Dream Finders Homes during the 1st quarter valued at about $40,000. KLP Kapitalforvaltning AS acquired a new position in Dream Finders Homes during the 4th quarter valued at about $116,000. GAMMA Investing LLC increased its position in Dream Finders Homes by 907.1% during the 1st quarter. GAMMA Investing LLC now owns 5,962 shares of the company's stock valued at $135,000 after buying an additional 5,370 shares in the last quarter. Finally, State of Tennessee Department of Treasury acquired a new position in Dream Finders Homes during the 4th quarter valued at about $163,000. 95.55% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

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.