Dream Finders Homes (NASDAQ:DFH) Stock Price Down 5.5%

Dream Finders Homes, Inc. (NASDAQ:DFH - Get Free Report)'s stock price fell 5.5% on Tuesday . The stock traded as low as $39.74 and last traded at $39.79. 197,758 shares changed hands during trading, a decline of 50% from the average session volume of 395,941 shares. The stock had previously closed at $42.09.

Analysts Set New Price Targets

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

Dream Finders Homes Stock Down 4.7 %

The stock has a market capitalization of $3.74 billion, a P/E ratio of 13.95, a P/E/G ratio of 1.16 and a beta of 1.99. The firm has a fifty day moving average price of $37.15 and a two-hundred day moving average price of $30.34.

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

Insider Activity at Dream Finders Homes

In related news, CEO Patrick O. Zalupski sold 54,270 shares of the stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $42.05, for a total transaction of $2,282,053.50. Following the sale, the chief executive officer now directly owns 1,507,805 shares of the company's stock, valued at $63,403,200.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 24,043 shares of the firm's stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $31.55, for a total value of $758,556.65. Following the transaction, the chief executive officer now directly owns 767,319 shares of the company's stock, valued at $24,208,914.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Patrick O. Zalupski sold 54,270 shares of the firm's stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $42.05, for a total value of $2,282,053.50. Following the completion of the transaction, the chief executive officer now directly owns 1,507,805 shares in the company, valued at $63,403,200.25. The disclosure for this sale can be found here. Insiders have sold 236,461 shares of company stock valued at $8,767,155 over the last ninety days. Insiders own 74.13% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DFH. UBS Group AG boosted its position in Dream Finders Homes by 113.5% in the second quarter. UBS Group AG now owns 2,500 shares of the company's stock worth $26,000 after purchasing an additional 1,329 shares during the last quarter. Atlantic Edge Private Wealth Management LLC bought a new position in shares of Dream Finders Homes in the fourth quarter worth about $46,000. Avalon Trust Co bought a new position in shares of Dream Finders Homes in the fourth quarter worth about $48,000. Ameritas Investment Partners Inc. raised its stake in shares of Dream Finders Homes by 27.3% in the second quarter. Ameritas Investment Partners Inc. now owns 2,001 shares of the company's stock worth $49,000 after buying an additional 429 shares during the period. Finally, Advisor Group Holdings Inc. raised its stake in shares of Dream Finders Homes by 148.3% in the first quarter. Advisor Group Holdings Inc. now owns 2,856 shares of the company's stock worth $49,000 after buying an additional 1,706 shares during the period. 95.55% of the stock is owned by hedge funds and other institutional investors.

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.