Raymond James & Associates Buys Shares of 22,180 Dream Finders Homes, Inc. (NASDAQ:DFH)

Raymond James & Associates purchased a new position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 22,180 shares of the company's stock, valued at approximately $788,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Dream Finders Homes by 51.7% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,801 shares of the company's stock valued at $84,000 after purchasing an additional 1,295 shares during the last quarter. Baker Tilly Wealth Management LLC increased its position in Dream Finders Homes by 15.4% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 12,128 shares of the company's stock worth $431,000 after buying an additional 1,615 shares during the last quarter. Capula Management Ltd raised its stake in shares of Dream Finders Homes by 7.2% in the third quarter. Capula Management Ltd now owns 41,780 shares of the company's stock valued at $929,000 after buying an additional 2,820 shares during the period. New York State Common Retirement Fund lifted its position in shares of Dream Finders Homes by 21.0% during the 3rd quarter. New York State Common Retirement Fund now owns 29,842 shares of the company's stock valued at $663,000 after buying an additional 5,171 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its position in shares of Dream Finders Homes by 64.9% during the 3rd quarter. Acadian Asset Management LLC now owns 13,703 shares of the company's stock valued at $303,000 after buying an additional 5,394 shares during the last quarter. Hedge funds and other institutional investors own 95.55% of the company's stock.

Insider Buying and Selling at Dream Finders Homes

In other news, CEO Patrick O. Zalupski sold 24,400 shares of the firm's stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $31.59, for a total value of $770,796.00. Following the transaction, the chief executive officer now owns 1,615,376 shares of the company's stock, valued at $51,029,727.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Patrick O. Zalupski sold 24,400 shares of the firm's stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $31.59, for a total value of $770,796.00. Following the completion of the sale, the chief executive officer now directly owns 1,615,376 shares of the company's stock, valued at approximately $51,029,727.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Patrick O. Zalupski sold 30,433 shares of Dream Finders Homes stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $34.81, for a total transaction of $1,059,372.73. Following the sale, the chief executive officer now owns 1,357,978 shares of the company's stock, valued at approximately $47,271,214.18. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 277,812 shares of company stock worth $10,552,415. 74.13% of the stock is owned by insiders.

Dream Finders Homes Stock Down 2.2 %

Shares of DFH traded down $0.82 during trading hours on Wednesday, hitting $35.64. The company had a trading volume of 290,630 shares, compared to its average volume of 409,657. The stock's 50 day moving average price is $38.04 and its 200 day moving average price is $31.49. Dream Finders Homes, Inc. has a 52-week low of $14.59 and a 52-week high of $44.38. The firm has a market cap of $3.32 billion, a P/E ratio of 12.51, a P/E/G ratio of 0.92 and a beta of 1.99.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its quarterly earnings results on Thursday, February 29th. The company reported $1.00 earnings per share for the quarter, beating the consensus estimate 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 analysts' expectations of $898.68 million. During the same quarter in the previous year, the business posted $0.78 earnings per share. The firm's revenue for the quarter was up 3.5% compared to the same quarter last year. On average, research analysts expect that Dream Finders Homes, Inc. will post 3.45 EPS for the current fiscal year.

Analysts Set New Price Targets

DFH has been the subject of several recent research reports. Bank of America lifted their target price on shares of Dream Finders Homes from $29.00 to $45.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 2nd. TheStreet upgraded Dream Finders Homes from a "c" rating to a "b" rating in a research report on Friday, March 1st.

Dream Finders Homes Company 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.