Dream Finders Homes (NYSE:DFH) Director Richard Beckwitt Buys 12,000 Shares

Dream Finders Homes, Inc. (NYSE:DFH) Director Richard Beckwitt acquired 12,000 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were acquired at an average cost of $14.80 per share, with a total value of $177,600.00. Following the completion of the purchase, the director owned 90,000 shares in the company, valued at approximately $1,332,000. This represents a 15.38% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Richard Beckwitt also recently made the following trade(s):

• On Wednesday, August 12th, Richard Beckwitt acquired 8,000 shares of Dream Finders Homes stock. The shares were bought at an average cost of $13.83 per share, for a total transaction of $110,640.00.
• On Tuesday, August 11th, Richard Beckwitt acquired 70,000 shares of Dream Finders Homes stock. The shares were bought at an average price of $13.95 per share, with a total value of $976,500.00.

Dream Finders Homes Trading Up 3.3%

NYSE:DFH opened at $14.87 on Friday. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 10.40 and a beta of 1.88. The company’s 50-day moving average is $15.34 and its two-hundred day moving average is $15.76. Dream Finders Homes, Inc. has a 12-month low of $12.20 and a 12-month high of $31.50.

Dream Finders Homes (NYSE:DFH) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.27 EPS for the quarter. The business had revenue of $1.06 billion during the quarter. Dream Finders Homes had a net margin of 3.55% and a return on equity of 10.38%.

Institutional Investors Weigh In On Dream Finders Homes

A number of institutional investors have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. grew its holdings in shares of Dream Finders Homes by 154.0% during the 4th quarter. Hantz Financial Services Inc. now owns 1,674 shares of the company’s stock worth $29,000 after purchasing an additional 1,015 shares during the period. Advisory Services Network LLC acquired a new position in Dream Finders Homes during the third quarter valued at approximately $39,000. State of Wyoming purchased a new stake in Dream Finders Homes during the first quarter worth approximately $54,000. Versant Capital Management Inc grew its stake in Dream Finders Homes by 59.4% during the second quarter. Versant Capital Management Inc now owns 5,135 shares of the company’s stock worth $89,000 after buying an additional 1,913 shares during the period. Finally, Larson Financial Group LLC increased its position in shares of Dream Finders Homes by 4,853.5% in the third quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock worth $91,000 after acquiring an additional 3,446 shares in the last quarter. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Wall Street Analysts Forecast Growth

DFH has been the subject of a number of recent analyst reports. Wall Street Zen downgraded Dream Finders Homes from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. Weiss Ratings reissued a “sell (d+)” rating on shares of Dream Finders Homes in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $26.00.

About Dream Finders Homes

Dream Finders Homes is a residential homebuilder that specializes in the design, marketing and construction of single‐family homes, townhomes and condominiums. The company operates a semi‐custom building model that allows homebuyers to select from a range of floor plans and interior finishes, blending the efficiency of production building with the appeal of personalized design options. Dream Finders Homes emphasizes customer engagement through design studios and online tools, guiding buyers through each stage of the homebuilding process from lot selection to move-in.

Since its founding in 2015, Dream Finders Homes has focused on master‐planned and mixed-use communities, often collaborating with community developers to create integrated neighborhoods.