Patrick O. Zalupski Sells 54,270 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) CEO Patrick O. Zalupski sold 54,270 shares of Dream Finders Homes stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of $42.05, for a total transaction of $2,282,053.50. Following the sale, the chief executive officer now owns 1,507,805 shares of the company’s stock, valued at $63,403,200.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Dream Finders Homes Stock Up 3.9 %

Shares of NASDAQ DFH traded up $1.65 during trading hours on Thursday, reaching $43.63. 498,822 shares of the stock traded hands, compared to its average volume of 393,691. The company’s 50-day simple moving average is $35.49 and its two-hundred day simple moving average is $29.30. The company has a market capitalization of $4.07 billion, a P/E ratio of 15.34, a price-to-earnings-growth ratio of 1.54 and a beta of 1.98. Dream Finders Homes, Inc. has a 52-week low of $12.54 and a 52-week high of $44.38.

Dream Finders Homes (NASDAQ:DFH) last announced its quarterly earnings data on Thursday, February 29th. The company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.29. Dream Finders Homes had a net margin of 7.89% and a return on equity of 36.62%. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $898.68 million. During the same period in the previous year, the business posted $0.78 EPS. The business’s quarterly revenue was up 3.5% on a year-over-year basis. As a group, sell-side analysts forecast that Dream Finders Homes, Inc. will post 3.14 earnings per share for the current fiscal year.

Institutional Trading of Dream Finders Homes

Several institutional investors have recently added to or reduced their stakes in the business. UBS Group AG increased its holdings in shares of Dream Finders Homes by 113.5% in the second quarter. UBS Group AG now owns 2,500 shares of the company’s stock worth $26,000 after buying an additional 1,329 shares during the period. Atlantic Edge Private Wealth Management LLC bought a new position in Dream Finders Homes during the 4th quarter worth approximately $46,000. Avalon Trust Co purchased a new position in Dream Finders Homes in the 4th quarter worth approximately $48,000. Ameritas Investment Partners Inc. lifted its position in Dream Finders Homes by 27.3% in the second quarter. Ameritas Investment Partners Inc. now owns 2,001 shares of the company’s stock valued at $49,000 after purchasing an additional 429 shares during the last quarter. Finally, Advisor Group Holdings Inc. boosted its stake in shares of Dream Finders Homes by 148.3% during the first quarter. Advisor Group Holdings Inc. now owns 2,856 shares of the company’s stock valued at $49,000 after purchasing an additional 1,706 shares during the period. 95.55% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded shares of Dream Finders Homes from a “c” rating to a “b” rating in a research report on Friday, March 1st.

About Dream Finders Homes

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.