Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski Sells 10,687 Shares

Dream Finders Homes, Inc. (NASDAQ:DFH - Get Free Report) CEO Patrick O. Zalupski sold 10,687 shares of the company's stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $27.42, for a total value of $293,037.54. Following the sale, the chief executive officer directly owned 1,999,507 shares in the company, valued at $54,826,481.94. This trade represents a 0.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Dream Finders Homes Stock Performance

Dream Finders Homes stock traded up $0.05 during mid-day trading on Friday, hitting $28.27. The company's stock had a trading volume of 341,519 shares, compared to its average volume of 503,921. The company has a 50 day moving average of $23.44 and a 200-day moving average of $23.14. The stock has a market cap of $2.64 billion, a PE ratio of 9.24, a P/E/G ratio of 1.28 and a beta of 1.90. Dream Finders Homes, Inc. has a one year low of $19.65 and a one year high of $39.15.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.05). Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. The company's quarterly revenue was up 19.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.55 earnings per share. On average, equities research analysts forecast that Dream Finders Homes, Inc. will post 3.31 EPS for the current fiscal year.

Hedge Funds Weigh In On Dream Finders Homes

Several hedge funds have recently bought and sold shares of the business. Eukles Asset Management bought a new stake in Dream Finders Homes during the first quarter valued at about $34,000. Quarry LP purchased a new stake in Dream Finders Homes in the first quarter valued at about $40,000. KLP Kapitalforvaltning AS purchased a new stake in Dream Finders Homes in the fourth quarter valued at about $116,000. GAMMA Investing LLC raised its stake in Dream Finders Homes by 907.1% in the first quarter. GAMMA Investing LLC now owns 5,962 shares of the company's stock valued at $135,000 after buying an additional 5,370 shares during the last quarter. Finally, State of Tennessee Department of Treasury purchased a new stake in Dream Finders Homes in the fourth quarter valued at about $163,000. Institutional investors own 95.55% of the company's stock.

Analyst Ratings Changes

Separately, Wedbush restated a "neutral" rating and set a $26.00 price target on shares of Dream Finders Homes in a report on Tuesday, May 6th.

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.