Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski Sells 30,433 Shares

Dream Finders Homes, Inc. (NASDAQ:DFH - Get Free Report) CEO Patrick O. Zalupski sold 30,433 shares of the company's stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $34.81, for a total transaction of $1,059,372.73. Following the transaction, the chief executive officer now directly owns 1,357,978 shares of the company's stock, valued at approximately $47,271,214.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Dream Finders Homes Stock Up 1.0 %

Shares of DFH traded up $0.35 during midday trading on Monday, hitting $34.14. The company had a trading volume of 377,434 shares, compared to its average volume of 410,534. Dream Finders Homes, Inc. has a 52 week low of $14.59 and a 52 week high of $44.38. The company's 50 day moving average price is $37.90 and its 200 day moving average price is $31.36. The stock has a market cap of $3.18 billion, a price-to-earnings ratio of 11.98, a PEG ratio of 0.91 and a beta of 1.99.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last posted its quarterly earnings results on Thursday, February 29th. The company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.29. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $898.68 million. Dream Finders Homes had a return on equity of 36.62% and a net margin of 7.89%. The business's revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.78 EPS. Equities analysts anticipate that Dream Finders Homes, Inc. will post 3.45 EPS for the current fiscal year.

Hedge Funds Weigh In On Dream Finders Homes

Several hedge funds and other institutional investors have recently made changes to their positions in DFH. Denali Advisors LLC raised its holdings in shares of Dream Finders Homes by 35.3% during the third quarter. Denali Advisors LLC now owns 45,443 shares of the company's stock valued at $1,010,000 after acquiring an additional 11,850 shares during the period. Bank of New York Mellon Corp increased its stake in Dream Finders Homes by 9.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 158,445 shares of the company's stock valued at $3,522,000 after buying an additional 13,907 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Dream Finders Homes by 51.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,801 shares of the company's stock worth $84,000 after buying an additional 1,295 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Dream Finders Homes during the 3rd quarter valued at $416,000. Finally, Csenge Advisory Group purchased a new position in shares of Dream Finders Homes during the 3rd quarter valued at $488,000. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DFH. Bank of America lifted their price target on shares of Dream Finders Homes from $29.00 to $45.00 and gave the company a "neutral" rating in a research report on Tuesday, April 2nd. TheStreet raised shares of Dream Finders Homes from a "c" rating to a "b" rating in a research report on Friday, March 1st.

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.