Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Sold by Anchor Capital Advisors LLC

Anchor Capital Advisors LLC decreased its position in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 61.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,005 shares of the company's stock after selling 47,416 shares during the period. Anchor Capital Advisors LLC's holdings in Dream Finders Homes were worth $1,066,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Dream Finders Homes by 51.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,801 shares of the company's stock worth $84,000 after acquiring an additional 1,295 shares in the last quarter. Portside Wealth Group LLC increased its position in shares of Dream Finders Homes by 9.8% during the fourth quarter. Portside Wealth Group LLC now owns 15,970 shares of the company's stock valued at $567,000 after buying an additional 1,429 shares during the period. Lawson Kroeker Investment Management Inc. NE lifted its holdings in shares of Dream Finders Homes by 1.0% in the fourth quarter. Lawson Kroeker Investment Management Inc. NE now owns 155,668 shares of the company's stock worth $5,531,000 after buying an additional 1,580 shares in the last quarter. Baker Tilly Wealth Management LLC boosted its position in shares of 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 valued at $431,000 after acquiring an additional 1,615 shares during the period. Finally, Capula Management Ltd increased its holdings in Dream Finders Homes by 7.2% during the 3rd quarter. Capula Management Ltd now owns 41,780 shares of the company's stock worth $929,000 after acquiring an additional 2,820 shares during the period. 95.55% of the stock is currently owned by institutional investors.

Dream Finders Homes Stock Up 0.5 %

Shares of NASDAQ:DFH traded up $0.16 on Wednesday, hitting $35.66. The company had a trading volume of 275,747 shares, compared to its average volume of 400,807. The firm's 50-day simple moving average is $38.29 and its two-hundred day simple moving average is $31.98. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of 12.25, a P/E/G ratio of 0.99 and a beta of 1.99. Dream Finders Homes, Inc. has a 1 year low of $15.28 and a 1 year high of $44.38.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last issued its quarterly earnings data on Thursday, February 29th. The company reported $1.00 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $898.68 million. During the same period last year, the business posted $0.78 earnings per share. Dream Finders Homes's quarterly revenue was up 3.5% compared to the same quarter last year. Equities research analysts anticipate that Dream Finders Homes, Inc. will post 3.45 EPS for the current year.

Insider Activity at Dream Finders Homes

In other news, Director William Radford Lovett II sold 35,000 shares of the business's stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $41.07, for a total transaction of $1,437,450.00. Following the sale, the director now owns 4,980,883 shares in the company, valued at approximately $204,564,864.81. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other Dream Finders Homes news, Director William Radford Lovett II sold 35,000 shares of Dream Finders Homes stock in a transaction on 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 completion of the transaction, the director now owns 4,980,883 shares in the company, valued at $204,564,864.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Lorena Anabel Fernandez sold 924 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $38.50, for a total value of $35,574.00. Following the completion of the sale, the chief financial officer now directly owns 139,172 shares in the company, valued at $5,358,122. The disclosure for this sale can be found here. Insiders have sold 277,812 shares of company stock worth $10,552,415 over the last ninety days. 70.45% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Bank of America raised their price target on shares of 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 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.