Insider Selling: Dream Finders Homes, Inc. (NASDAQ:DFH) Director Sells $1,234,349.28 in Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) Director William Radford Lovett II sold 32,724 shares of the firm’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $37.72, for a total value of $1,234,349.28. Following the completion of the transaction, the director now directly owns 4,733,674 shares in the company, valued at approximately $178,554,183.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

William Radford Lovett II also recently made the following trade(s):

• On Monday, September 16th, William Radford Lovett II sold 30,000 shares of Dream Finders Homes stock. The stock was sold at an average price of $34.50, for a total value of $1,035,000.00.
• On Thursday, September 12th, William Radford Lovett II sold 30,000 shares of Dream Finders Homes stock. The stock was sold at an average price of $32.55, for a total value of $976,500.00.
• On Thursday, September 5th, William Radford Lovett II sold 8,698 shares of Dream Finders Homes stock. The shares were sold at an average price of $30.39, for a total transaction of $264,332.22.
• On Thursday, August 22nd, William Radford Lovett II sold 16,466 shares of Dream Finders Homes stock. The stock was sold at an average price of $30.73, for a total transaction of $506,000.18.
• On Wednesday, August 7th, William Radford Lovett II sold 798 shares of Dream Finders Homes stock. The stock was sold at an average price of $28.05, for a total transaction of $22,383.90.
• On Thursday, July 18th, William Radford Lovett II sold 24,774 shares of Dream Finders Homes stock. The stock was sold at an average price of $31.15, for a total value of $771,710.10.

Dream Finders Homes Stock Down 2.0 %

Dream Finders Homes stock opened at $34.97 on Thursday. Dream Finders Homes, Inc. has a 52-week low of $18.29 and a 52-week high of $44.38. The firm’s fifty day moving average is $31.50 and its 200 day moving average is $31.90. The company has a market cap of $3.28 billion, a price-to-earnings ratio of 11.85, a PEG ratio of 0.83 and a beta of 1.89.

Dream Finders Homes (NASDAQ:DFH) last announced its earnings results on Thursday, August 1st. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.04. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Dream Finders Homes had a net margin of 8.00% and a return on equity of 32.99%. The business’s revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.65 EPS. On average, equities research analysts anticipate that Dream Finders Homes, Inc. will post 3.22 earnings per share for the current fiscal year.

Institutional Trading of Dream Finders Homes

Institutional investors have recently bought and sold shares of the stock. Naples Money Management LLC bought a new stake in Dream Finders Homes in the first quarter worth about $25,000. nVerses Capital LLC lifted its stake in shares of Dream Finders Homes by 1,800.0% during the 2nd quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock worth $49,000 after acquiring an additional 1,800 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in Dream Finders Homes by 926.9% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company’s stock valued at $54,000 after acquiring an additional 1,103 shares during the period. ORG Partners LLC bought a new position in Dream Finders Homes in the 2nd quarter valued at $68,000. Finally, Palouse Capital Management Inc. purchased a new stake in Dream Finders Homes in the second quarter worth $79,000. 95.55% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Bank of America increased their price target on Dream Finders Homes from $35.00 to $38.00 and gave the company a “neutral” rating in a research note on Thursday, September 19th.

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.