Norden Group LLC Has $330,000 Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

Norden Group LLC lessened its holdings in Dream Finders Homes, Inc. (NASDAQ:DFH) by 31.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,771 shares of the company’s stock after selling 5,950 shares during the quarter. Norden Group LLC’s holdings in Dream Finders Homes were worth $330,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. National Bank of Canada FI raised its position in Dream Finders Homes by 1,783.6% during the second quarter. National Bank of Canada FI now owns 9,418 shares of the company’s stock worth $233,000 after acquiring an additional 8,918 shares in the last quarter. Cooke & Bieler LP increased its stake in shares of Dream Finders Homes by 17.5% during the 2nd quarter. Cooke & Bieler LP now owns 1,866,067 shares of the company’s stock worth $48,182,000 after purchasing an additional 277,499 shares during the last quarter. Cannon Global Investment Management LLC raised its holdings in shares of Dream Finders Homes by 207.7% in the 2nd quarter. Cannon Global Investment Management LLC now owns 16,000 shares of the company’s stock valued at $413,000 after purchasing an additional 10,800 shares during the period. Rhumbline Advisers lifted its stake in Dream Finders Homes by 6.8% in the 2nd quarter. Rhumbline Advisers now owns 40,884 shares of the company’s stock valued at $1,056,000 after purchasing an additional 2,615 shares during the last quarter. Finally, Versor Investments LP lifted its stake in Dream Finders Homes by 13.0% in the 2nd quarter. Versor Investments LP now owns 11,800 shares of the company’s stock valued at $305,000 after purchasing an additional 1,354 shares during the last quarter. Institutional investors and hedge funds own 95.55% of the company’s stock.

Dream Finders Homes Price Performance

NASDAQ:DFH opened at $30.01 on Monday. The company has a market cap of $2.80 billion, a P/E ratio of 10.17, a P/E/G ratio of 0.74 and a beta of 1.89. The firm’s fifty day moving average price is $29.35 and its two-hundred day moving average price is $32.12. Dream Finders Homes, Inc. has a one year low of $18.29 and a one year high of $44.38.

Dream Finders Homes (NASDAQ:DFH) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.08 billion. Dream Finders Homes had a net margin of 8.00% and a return on equity of 32.99%. Dream Finders Homes’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.65 EPS. As a group, equities research analysts expect that Dream Finders Homes, Inc. will post 3.22 earnings per share for the current year.

Insider Transactions at Dream Finders Homes

In other news, CEO Patrick O. Zalupski sold 6,581 shares of the stock in a transaction that occurred on Monday, July 8th. The stock was sold at an average price of $25.18, for a total transaction of $165,709.58. Following the transaction, the chief executive officer now owns 1,209,478 shares in the company, valued at $30,454,656.04. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO Patrick O. Zalupski sold 6,581 shares of the business’s stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $25.18, for a total value of $165,709.58. Following the completion of the sale, the chief executive officer now owns 1,209,478 shares of the company’s stock, valued at $30,454,656.04. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director William Radford Lovett II sold 24,774 shares of the firm’s stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $31.15, for a total transaction of $771,710.10. Following the transaction, the director now directly owns 4,941,109 shares in the company, valued at $153,915,545.35. The disclosure for this sale can be found here. Insiders sold a total of 184,806 shares of company stock worth $5,720,077 over the last quarter. Company insiders own 70.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Zelman & Associates raised Dream Finders Homes from a “neutral” rating to an “outperform” rating and set a $34.50 price target on the stock in a research report on Monday, May 13th.

Dream Finders Homes 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.