Dream Finders Homes (NYSE:DFH) Director Buys $14,720.00 in Stock

Dream Finders Homes, Inc. (NYSE:DFH) Director Len Sturm acquired 1,000 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were bought at an average cost of $14.72 per share, for a total transaction of $14,720.00. Following the acquisition, the director owned 29,228 shares in the company, valued at approximately $430,236.16. The trade was a 3.54% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, August 24th, Len Sturm acquired 250 shares of Dream Finders Homes stock. The stock was bought at an average price of $14.75 per share, with a total value of $3,687.50.
• On Friday, August 21st, Len Sturm bought 250 shares of Dream Finders Homes stock. The stock was bought at an average cost of $14.81 per share, with a total value of $3,702.50.

Dream Finders Homes Trading Up 2.3%

Shares of DFH stock opened at $14.70 on Friday. Dream Finders Homes, Inc. has a 1 year low of $12.20 and a 1 year high of $31.50. The firm’s 50 day moving average is $15.33 and its 200-day moving average is $15.48. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 10.28 and a beta of 1.88.

Dream Finders Homes (NYSE:DFH) last issued its quarterly earnings results 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 business had revenue of $1.06 billion during the quarter.

Institutional Investors Weigh In On Dream Finders Homes

A number of institutional investors and hedge funds have recently modified their holdings of DFH. California State Teachers Retirement System boosted its position in shares of Dream Finders Homes by 1,564.5% in the 2nd quarter. California State Teachers Retirement System now owns 442,132 shares of the company’s stock worth $7,631,000 after purchasing an additional 415,570 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in Dream Finders Homes in the first quarter valued at about $4,800,000. Millennium Management LLC lifted its stake in Dream Finders Homes by 200.1% in the fourth quarter. Millennium Management LLC now owns 382,170 shares of the company’s stock valued at $6,535,000 after buying an additional 254,839 shares during the period. Dimensional Fund Advisors LP lifted its stake in Dream Finders Homes by 19.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company’s stock valued at $20,173,000 after buying an additional 234,899 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Dream Finders Homes by 73.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 460,844 shares of the company’s stock worth $7,880,000 after buying an additional 195,742 shares during the last quarter. 95.55% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Dream Finders Homes Company Profile

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.