William Radford Lovett II Sells 9,869 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) Director William Radford Lovett II sold 9,869 shares of the firm’s stock in a transaction dated Thursday, October 3rd. The shares were sold at an average price of $34.84, for a total value of $343,835.96. Following the completion of the transaction, the director now owns 4,694,252 shares of the company’s stock, valued at $163,547,739.68. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

William Radford Lovett II also recently made the following trade(s):

• On Thursday, September 19th, William Radford Lovett II sold 32,724 shares of Dream Finders Homes stock. The shares were sold at an average price of $37.72, for a total value of $1,234,349.28.
• On Monday, September 16th, William Radford Lovett II sold 30,000 shares of Dream Finders Homes stock. The stock was sold at an average price of $34.50, for a total value of $1,035,000.00.
• On Thursday, September 12th, William Radford Lovett II sold 30,000 shares of Dream Finders Homes stock. The shares were sold at an average price of $32.55, for a total transaction of $976,500.00.
• On Thursday, September 5th, William Radford Lovett II sold 8,698 shares of Dream Finders Homes stock. The stock was sold at an average price of $30.39, for a total transaction of $264,332.22.
• On Thursday, August 22nd, William Radford Lovett II sold 16,466 shares of Dream Finders Homes stock. The shares were sold at an average price of $30.73, for a total transaction of $506,000.18.
• On Wednesday, August 7th, William Radford Lovett II sold 798 shares of Dream Finders Homes stock. The shares were sold at an average price of $28.05, for a total transaction of $22,383.90.
• On Thursday, July 18th, William Radford Lovett II sold 24,774 shares of Dream Finders Homes stock. The shares were sold at an average price of $31.15, for a total value of $771,710.10.

Dream Finders Homes Stock Down 1.8 %

Dream Finders Homes stock opened at $33.67 on Tuesday. The company’s 50-day moving average price is $32.09 and its two-hundred day moving average price is $31.74. The stock has a market cap of $3.14 billion, a P/E ratio of 11.40, a P/E/G ratio of 0.83 and a beta of 1.89. Dream Finders Homes, Inc. has a twelve month low of $18.29 and a twelve month high of $44.38.

Dream Finders Homes (NASDAQ:DFH) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.81 earnings per share for the quarter, topping 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 business had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the firm posted $0.65 EPS. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. Equities analysts anticipate that Dream Finders Homes, Inc. will post 3.22 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Bank of America boosted their target price on Dream Finders Homes from $35.00 to $38.00 and gave the stock a “neutral” rating in a report on Thursday, September 19th.

Institutional Investors Weigh In On Dream Finders Homes

A number of institutional investors have recently modified their holdings of DFH. Naples Money Management LLC acquired a new stake in Dream Finders Homes during the first quarter worth approximately $25,000. nVerses Capital LLC lifted its position in shares of Dream Finders Homes by 1,800.0% during the 2nd quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock valued at $49,000 after acquiring an additional 1,800 shares during the period. Benjamin F. Edwards & Company Inc. lifted its position in shares of Dream Finders Homes by 926.9% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company’s stock valued at $54,000 after acquiring an additional 1,103 shares during the period. ORG Partners LLC acquired a new stake in shares of Dream Finders Homes during the 2nd quarter worth $68,000. Finally, Palouse Capital Management Inc. bought a new position in shares of Dream Finders Homes in the second quarter worth $79,000. Institutional investors own 95.55% of the company’s stock.

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.