Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lessened its holdings in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 8.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,441 shares of the company’s stock after selling 2,471 shares during the period. Jane Street Group LLC’s holdings in Dream Finders Homes were worth $1,030,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Mark Sheptoff Financial Planning LLC acquired a new position in Dream Finders Homes in the 3rd quarter valued at about $33,000. nVerses Capital LLC boosted its holdings in Dream Finders Homes by 1,800.0% in the 2nd quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock worth $49,000 after acquiring an additional 1,800 shares during the period. ORG Wealth Partners LLC purchased a new position in Dream Finders Homes in the 3rd quarter worth approximately $105,000. Benjamin F. Edwards & Company Inc. raised its position in shares of Dream Finders Homes by 139.2% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,923 shares of the company’s stock valued at $75,000 after purchasing an additional 1,701 shares in the last quarter. Finally, FMR LLC raised its position in shares of Dream Finders Homes by 99.4% in the 3rd quarter. FMR LLC now owns 2,945 shares of the company’s stock valued at $107,000 after purchasing an additional 1,468 shares in the last quarter. 95.55% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Dream Finders Homes

In other news, Director William Radford Lovett II sold 10,492 shares of the business’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $33.66, for a total transaction of $353,160.72. Following the completion of the sale, the director now owns 4,667,800 shares in the company, valued at $157,118,148. The trade was a 0.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Patrick O. Zalupski sold 18,214 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $27.46, for a total value of $500,156.44. Following the completion of the sale, the chief executive officer now owns 1,956,353 shares of the company’s stock, valued at $53,721,453.38. This represents a 0.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 164,706 shares of company stock valued at $5,210,406 in the last 90 days. 70.45% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

Dream Finders Homes Stock Down 1.5 %

NASDAQ:DFH opened at $22.84 on Tuesday. Dream Finders Homes, Inc. has a 1-year low of $22.18 and a 1-year high of $44.38. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 7.46, a price-to-earnings-growth ratio of 0.72 and a beta of 1.93. The stock has a fifty day simple moving average of $29.87 and a 200 day simple moving average of $30.32.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.14). The firm had revenue of $986.26 million for the quarter, compared to analysts’ expectations of $1.07 billion. Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period last year, the business earned $0.75 earnings per share. Equities analysts predict that Dream Finders Homes, Inc. will post 3.35 earnings per share for the current year.

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.