Alliance Wealth Advisors LLC UT Purchases 4,153 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Alliance Wealth Advisors LLC UT raised its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 51.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,304 shares of the company’s stock after acquiring an additional 4,153 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in Dream Finders Homes were worth $286,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mark Sheptoff Financial Planning LLC bought a new stake in Dream Finders Homes in the 3rd quarter valued at $33,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Dream Finders Homes during the third quarter valued at about $63,000. ORG Wealth Partners LLC bought a new stake in shares of Dream Finders Homes in the third quarter valued at about $105,000. FMR LLC grew its position in Dream Finders Homes by 99.4% during the third quarter. FMR LLC now owns 2,945 shares of the company’s stock worth $107,000 after buying an additional 1,468 shares in the last quarter. Finally, nVerses Capital LLC increased its stake in Dream Finders Homes by 84.2% during the third quarter. nVerses Capital LLC now owns 3,500 shares of the company’s stock valued at $127,000 after acquiring an additional 1,600 shares during the period. 95.55% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Dream Finders Homes Stock Performance

NASDAQ:DFH opened at $22.29 on Wednesday. The company has a 50-day moving average of $25.79 and a 200-day moving average of $29.72. Dream Finders Homes, Inc. has a 52 week low of $21.42 and a 52 week high of $44.38. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 7.28, a PEG ratio of 1.34 and a beta of 2.01.

Insider Buying and Selling

In related news, CEO Patrick O. Zalupski sold 18,214 shares of the business’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $27.46, for a total value of $500,156.44. Following the sale, the chief executive officer now owns 1,956,353 shares of the company’s stock, valued at $53,721,453.38. The trade was a 0.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 68,252 shares of company stock valued at $2,094,199 over the last quarter. Corporate insiders own 70.45% of the company’s stock.

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.