Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Sold by Cooke & Bieler LP

Cooke & Bieler LP cut its stake in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 5.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,322,413 shares of the company's stock after selling 73,198 shares during the period. Cooke & Bieler LP owned about 1.42% of Dream Finders Homes worth $46,985,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kayne Anderson Rudnick Investment Management LLC lifted its position in Dream Finders Homes by 4.9% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,040,432 shares of the company's stock valued at $80,036,000 after acquiring an additional 279,730 shares during the last quarter. Arcus Capital Partners LLC lifted its position in Dream Finders Homes by 2.2% in the third quarter. Arcus Capital Partners LLC now owns 2,896,051 shares of the company's stock valued at $64,379,000 after acquiring an additional 61,900 shares during the last quarter. Vanguard Group Inc. lifted its position in Dream Finders Homes by 3.7% in the third quarter. Vanguard Group Inc. now owns 1,813,332 shares of the company's stock valued at $19,222,000 after acquiring an additional 64,726 shares during the last quarter. BlackRock Inc. lifted its position in Dream Finders Homes by 48.7% in the second quarter. BlackRock Inc. now owns 1,530,053 shares of the company's stock valued at $37,624,000 after acquiring an additional 500,887 shares during the last quarter. Finally, Wasatch Advisors LP increased its stake in Dream Finders Homes by 5.7% in the first quarter. Wasatch Advisors LP now owns 816,729 shares of the company's stock valued at $10,822,000 after purchasing an additional 43,956 shares during the period. 95.55% of the stock is owned by hedge funds and other institutional investors.

Dream Finders Homes Stock Performance

NASDAQ DFH traded down $0.40 during trading on Friday, reaching $33.79. The company's stock had a trading volume of 628,236 shares, compared to its average volume of 451,385. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of 11.86, a P/E/G ratio of 0.91 and a beta of 1.99. Dream Finders Homes, Inc. has a twelve month low of $14.51 and a twelve month high of $44.38. The business's fifty day moving average price is $37.90 and its 200-day moving average price is $31.27.

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

Insider Transactions at Dream Finders Homes

In other news, CEO Patrick O. Zalupski sold 27,478 shares of the business's stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $30.91, for a total transaction of $849,344.98. Following the transaction, the chief executive officer now directly owns 1,660,407 shares in the company, valued at $51,323,180.37. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CEO Patrick O. Zalupski sold 27,478 shares of the business's stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $30.91, for a total transaction of $849,344.98. Following the transaction, the chief executive officer now directly owns 1,660,407 shares in the company, valued at $51,323,180.37. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director William Radford Lovett II sold 35,000 shares of the business's stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $41.07, for a total transaction of $1,437,450.00. Following the transaction, the director now owns 4,980,883 shares in the company, valued at $204,564,864.81. The disclosure for this sale can be found here. Insiders have sold a total of 247,379 shares of company stock worth $9,493,042 over the last ninety days. 74.13% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Bank of America lifted their price objective on shares of Dream Finders Homes from $29.00 to $45.00 and gave the company a "neutral" rating in a research note on Tuesday, April 2nd. TheStreet upgraded shares of Dream Finders Homes from a "c" rating to a "b" rating in a research note on Friday, March 1st.

Dream Finders Homes Profile

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.