SG Americas Securities LLC Buys 4,315 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

SG Americas Securities LLC increased its position in Dream Finders Homes, Inc. (NASDAQ:DFH) by 88.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,185 shares of the company’s stock after purchasing an additional 4,315 shares during the quarter. SG Americas Securities LLC’s holdings in Dream Finders Homes were worth $214,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Millennium Management LLC raised its stake in Dream Finders Homes by 5.5% in the second quarter. Millennium Management LLC now owns 171,638 shares of the company’s stock worth $4,432,000 after buying an additional 8,921 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Dream Finders Homes by 16.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,678 shares of the company’s stock valued at $379,000 after acquiring an additional 2,050 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Dream Finders Homes in the 2nd quarter worth $482,000. ORG Wealth Partners LLC purchased a new stake in shares of Dream Finders Homes during the 3rd quarter worth $105,000. Finally, nVerses Capital LLC boosted its position 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 purchasing an additional 1,600 shares in the last quarter. 95.55% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Bank of America reduced their target price 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.

Dream Finders Homes Trading Down 5.7 %

NASDAQ DFH opened at $21.17 on Friday. The firm’s fifty day simple moving average is $25.12 and its two-hundred day simple moving average is $29.55. The firm has a market capitalization of $1.98 billion, a P/E ratio of 6.92, a P/E/G ratio of 1.34 and a beta of 2.01. Dream Finders Homes, Inc. has a 12-month low of $21.02 and a 12-month high of $44.38.

Insider Transactions at Dream Finders Homes

In related news, CEO Patrick O. Zalupski sold 31,919 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $31.06, for a total transaction of $991,404.14. Following the transaction, the chief executive officer now directly owns 725,000 shares of the company’s stock, valued at $22,518,500. This represents a 4.22 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders sold 68,252 shares of company stock valued at $2,094,199 in the last quarter. 70.45% of the stock is currently owned by corporate insiders.

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.