Natixis Advisors LLC Invests $623,000 in Dream Finders Homes, Inc. (NASDAQ:DFH)

Natixis Advisors LLC bought a new stake in Dream Finders Homes, Inc. (NASDAQ:DFH) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 24,111 shares of the company’s stock, valued at approximately $623,000.

A number of other large investors have also recently made changes to their positions in the company. Norden Group LLC lifted its stake in Dream Finders Homes by 2,580.6% in the first quarter. Norden Group LLC now owns 321,453 shares of the company’s stock valued at $14,057,000 after buying an additional 309,461 shares during the last quarter. Hennessy Advisors Inc. acquired a new position in shares of Dream Finders Homes in the 2nd quarter valued at $5,058,000. Great Lakes Advisors LLC purchased a new stake in Dream Finders Homes in the 4th quarter valued at $6,826,000. Axiom Investors LLC DE acquired a new stake in Dream Finders Homes during the 4th quarter worth $6,718,000. Finally, Hood River Capital Management LLC grew its position in Dream Finders Homes by 23.7% during the 1st quarter. Hood River Capital Management LLC now owns 516,071 shares of the company’s stock worth $22,568,000 after purchasing an additional 98,922 shares during the last quarter. 95.55% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Patrick O. Zalupski sold 54,665 shares of Dream Finders Homes stock in a transaction on Monday, August 26th. The shares were sold at an average price of $33.42, for a total value of $1,826,904.30. Following the transaction, the chief executive officer now directly owns 1,056,618 shares in the company, valued at approximately $35,312,173.56. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CEO Patrick O. Zalupski sold 54,665 shares of the firm’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $33.42, for a total value of $1,826,904.30. Following the completion of the sale, the chief executive officer now owns 1,056,618 shares in the company, valued at $35,312,173.56. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director William Radford Lovett II sold 24,774 shares of the business’s stock in a transaction that occurred on Thursday, July 18th. The stock was sold at an average price of $31.15, for a total value of $771,710.10. Following the transaction, the director now owns 4,941,109 shares in the company, valued at approximately $153,915,545.35. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 207,417 shares of company stock valued at $6,452,921. Company insiders own 70.45% of the company’s stock.

Dream Finders Homes Stock Performance

Shares of NASDAQ:DFH opened at $32.86 on Friday. Dream Finders Homes, Inc. has a one year low of $18.29 and a one year high of $44.38. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 11.14, a PEG ratio of 0.66 and a beta of 1.89. The company has a 50-day simple moving average of $29.88 and a 200-day simple moving average of $32.06.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.77 by $0.04. Dream Finders Homes had a return on equity of 32.99% and a net margin of 8.00%. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the business earned $0.65 EPS. The firm’s revenue was up 11.9% compared to the same quarter last year. As a group, research analysts forecast that Dream Finders Homes, Inc. will post 3.22 EPS for the current fiscal year.

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.