Dream Finders Homes (NYSE:DFH) Trading 10.9% Higher – Should You Buy?

Dream Finders Homes, Inc. (NYSE:DFH) was up 10.9% during trading on Wednesday . The company traded as high as $15.75 and last traded at $15.8440. Approximately 57,910 shares were traded during trading, a decline of 91% from the average session volume of 658,388 shares. The stock had previously closed at $14.29.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Dream Finders Homes in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Dream Finders Homes has an average rating of “Hold” and an average target price of $26.00.

Dream Finders Homes Price Performance

The firm has a market capitalization of $1.34 billion, a P/E ratio of 10.30 and a beta of 1.88. The company’s 50 day moving average price is $15.36 and its 200 day moving average price is $15.63.

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

Insider Buying and Selling at Dream Finders Homes

In other news, Director Richard Beckwitt bought 12,000 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was bought at an average price of $14.80 per share, for a total transaction of $177,600.00. Following the completion of the transaction, the director directly owned 90,000 shares in the company, valued at $1,332,000. The trade was a 15.38% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders acquired a total of 90,000 shares of company stock worth $1,264,740 in the last ninety days. Insiders own 69.12% of the company’s stock.

Institutional Trading of Dream Finders Homes

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp acquired a new stake in shares of Dream Finders Homes during the 2nd quarter worth approximately $2,833,000. Handelsbanken Fonder AB boosted its stake in Dream Finders Homes by 87.3% in the second quarter. Handelsbanken Fonder AB now owns 26,600 shares of the company’s stock valued at $459,000 after acquiring an additional 12,400 shares during the last quarter. GAMMA Investing LLC boosted its stake in Dream Finders Homes by 37.5% in the second quarter. GAMMA Investing LLC now owns 9,996 shares of the company’s stock valued at $173,000 after acquiring an additional 2,728 shares during the last quarter. Versant Capital Management Inc grew its holdings in Dream Finders Homes by 59.4% during the 2nd quarter. Versant Capital Management Inc now owns 5,135 shares of the company’s stock worth $89,000 after acquiring an additional 1,913 shares during the period. Finally, Bank of America Corp DE grew its holdings in Dream Finders Homes by 51.5% during the 1st quarter. Bank of America Corp DE now owns 146,119 shares of the company’s stock worth $2,034,000 after acquiring an additional 49,694 shares during the period. 95.55% of the stock is currently owned by institutional investors and hedge funds.

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.