Patrick O. Zalupski Sells 34,961 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 34,961 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $42.46, for a total value of $1,484,444.06. Following the completion of the sale, the chief executive officer now directly owns 1,428,742 shares in the company, valued at $60,664,385.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Dream Finders Homes Trading Up 0.5 %

DFH stock opened at $38.34 on Friday. The stock has a market capitalization of $3.58 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 1.13 and a beta of 1.99. Dream Finders Homes, Inc. has a 12-month low of $13.41 and a 12-month high of $44.38. The stock’s 50 day simple moving average is $37.47 and its 200 day simple moving average is $30.58.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on DFH. Bank of America boosted their price target on Dream Finders Homes from $29.00 to $45.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 2nd. TheStreet raised Dream Finders Homes from a “c” rating to a “b” rating in a research report on Friday, March 1st.

Hedge Funds Weigh In On Dream Finders Homes

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DFH. Vanguard Group Inc. lifted its holdings in shares of Dream Finders Homes by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 2,069,447 shares of the company’s stock valued at $73,527,000 after buying an additional 50,994 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Dream Finders Homes by 242.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 222,969 shares of the company’s stock valued at $7,922,000 after buying an additional 157,807 shares during the period. Virtu Financial LLC bought a new position in shares of Dream Finders Homes during the 4th quarter valued at $543,000. Price T Rowe Associates Inc. MD bought a new position in shares of Dream Finders Homes during the 4th quarter valued at $210,000. Finally, GSA Capital Partners LLP bought a new position in shares of Dream Finders Homes during the 4th quarter valued at $412,000. 95.55% of the stock is owned by institutional investors.

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.