Dream Finders Homes, Inc. (NASDAQ:DFH) CFO Lorena Anabel Ramsay Sells 1,029 Shares

Dream Finders Homes, Inc. (NASDAQ:DFH) CFO Lorena Anabel Ramsay sold 1,029 shares of the firm’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $24.49, for a total transaction of $25,200.21. Following the sale, the chief financial officer now directly owns 184,213 shares of the company’s stock, valued at approximately $4,511,376.37. The trade was a 0.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Dream Finders Homes Price Performance

Shares of DFH stock opened at $24.21 on Friday. The firm has a market cap of $2.26 billion, a P/E ratio of 7.91, a P/E/G ratio of 1.28 and a beta of 1.99. Dream Finders Homes, Inc. has a 1-year low of $20.54 and a 1-year high of $44.38. The firm has a fifty day moving average of $23.27 and a two-hundred day moving average of $28.43.

Dream Finders Homes (NASDAQ:DFH) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.25. Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the business earned $1.00 EPS. The firm’s revenue for the quarter was up 35.2% compared to the same quarter last year. On average, sell-side analysts expect that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Bank of America decreased their price objective on shares of Dream Finders Homes from $33.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, January 27th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of Dream Finders Homes by 11.0% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,009,774 shares of the company’s stock worth $139,847,000 after buying an additional 594,592 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Dream Finders Homes by 24.0% in the 4th quarter. Vanguard Group Inc. now owns 3,127,977 shares of the company’s stock worth $72,788,000 after buying an additional 605,508 shares during the last quarter. Cooke & Bieler LP lifted its position in shares of Dream Finders Homes by 19.7% in the 4th quarter. Cooke & Bieler LP now owns 2,196,975 shares of the company’s stock worth $51,124,000 after buying an additional 361,616 shares during the last quarter. Janus Henderson Group PLC lifted its position in shares of Dream Finders Homes by 199.4% in the 4th quarter. Janus Henderson Group PLC now owns 2,064,990 shares of the company’s stock worth $48,053,000 after buying an additional 1,375,305 shares during the last quarter. Finally, Arcus Capital Partners LLC lifted its position in shares of Dream Finders Homes by 21.1% in the 4th quarter. Arcus Capital Partners LLC now owns 2,061,341 shares of the company’s stock worth $47,967,000 after buying an additional 359,659 shares during the last quarter. 95.55% of the stock is currently owned by institutional investors.

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.