Dream Finders Homes (NYSE:DFH) Director Acquires $10,530.00 in Stock

Dream Finders Homes, Inc. (NYSE:DFH) Director Len Sturm purchased 1,000 shares of Dream Finders Homes stock in a transaction that occurred on Wednesday, November 4th. The stock was acquired at an average price of $10.53 per share, for a total transaction of $10,530.00. Following the transaction, the director directly owned 31,728 shares of the company’s stock, valued at $334,095.84. The trade was a 3.25% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Len Sturm also recently made the following trade(s):

• On Thursday, September 3rd, Len Sturm purchased 1,500 shares of Dream Finders Homes stock. The shares were acquired at an average cost of $13.47 per share, for a total transaction of $20,205.00.
• On Wednesday, August 26th, Len Sturm purchased 1,000 shares of Dream Finders Homes stock. The shares were acquired at an average cost of $14.72 per share, for a total transaction of $14,720.00.
• On Monday, August 24th, Len Sturm acquired 250 shares of Dream Finders Homes stock. The shares were acquired at an average price of $14.75 per share, with a total value of $3,687.50.
• On Friday, August 21st, Len Sturm acquired 250 shares of Dream Finders Homes stock. The stock was acquired at an average cost of $14.81 per share, with a total value of $3,702.50.

Dream Finders Homes Stock Up 0.0%

Shares of NYSE:DFH opened at $12.40 on Monday. The firm has a fifty day simple moving average of $11.07 and a two-hundred day simple moving average of $14.58. Dream Finders Homes, Inc. has a 52 week low of $7.30 and a 52 week high of $21.55. The stock has a market capitalization of $1.13 billion, a P/E ratio of 12.92 and a beta of 2.02.

Dream Finders Homes (NYSE:DFH) last announced its earnings results on Thursday, October 29th. The company reported $0.22 earnings per share (EPS) for the quarter. The firm had revenue of $996.05 million for the quarter. Dream Finders Homes had a net margin of 2.56% and a return on equity of 8.87%.

Institutional Trading of Dream Finders Homes

Several institutional investors and hedge funds have recently made changes to their positions in the business. Pinnacle Wealth Planning Services Inc. increased its position in shares of Dream Finders Homes by 193.1% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 3,101 shares of the company’s stock worth $33,000 after acquiring an additional 2,043 shares during the period. State of Wyoming bought a new stake in shares of Dream Finders Homes during the first quarter valued at approximately $54,000. Versant Capital Management Inc boosted its holdings in shares of Dream Finders Homes by 59.4% in the second quarter. Versant Capital Management Inc now owns 5,135 shares of the company’s stock valued at $89,000 after purchasing an additional 1,913 shares during the period. Fifth Third Bancorp boosted its holdings in shares of Dream Finders Homes by 1,878.0% in the first quarter. Fifth Third Bancorp now owns 9,534 shares of the company’s stock valued at $133,000 after purchasing an additional 9,052 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of 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 purchasing an additional 2,728 shares during the period. 95.55% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on DFH shares. Weiss Ratings cut Dream Finders Homes from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday. Wall Street Zen lowered Dream Finders Homes from a “sell” rating to a “strong sell” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Dream Finders Homes Company Profile

Dream Finders Homes, Inc is a residential homebuilder that designs, constructs and sells single-family homes. The company serves primarily first-time, move-up and luxury homebuyers, offering homes in a range of floor plans, sizes and price points. Its activities include land acquisition and development, home construction, sales and customer service.

Founded in 2008 by Patrick Zalupski, Dream Finders Homes is headquartered in Jacksonville, Florida. The company operates in selected markets across the Southeast, Mid-Atlantic, Texas and Colorado through the Dream Finders Homes brand and regional homebuilding operations, including affiliated brands such as Coventry Homes and Crescent Homes.

In addition to homebuilding, the company provides related services intended to support the purchase process, including mortgage lending and title and closing services through affiliated businesses.