Dream Finders Homes (NYSE:DFH) Director Buys $976,500.00 in Stock

Dream Finders Homes, Inc. (NYSE:DFH) Director Richard Beckwitt purchased 70,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average cost of $13.95 per share, with a total value of $976,500.00. Following the completion of the acquisition, the director directly owned 70,000 shares in the company, valued at approximately $976,500. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Richard Beckwitt also recently made the following trade(s):

• On Thursday, August 13th, Richard Beckwitt acquired 12,000 shares of Dream Finders Homes stock. The shares were acquired at an average cost of $14.80 per share, with a total value of $177,600.00.
• On Wednesday, August 12th, Richard Beckwitt acquired 8,000 shares of Dream Finders Homes stock. The shares were acquired at an average price of $13.83 per share, for a total transaction of $110,640.00.

Dream Finders Homes Stock Up 5.1%

Shares of NYSE DFH opened at $15.59 on Friday. The firm’s 50-day moving average price is $15.36 and its two-hundred day moving average price is $15.75. Dream Finders Homes, Inc. has a 52-week low of $12.20 and a 52-week high of $31.50. The stock has a market capitalization of $1.41 billion, a P/E ratio of 10.90 and a beta of 1.88.

Dream Finders Homes (NYSE:DFH) last issued its earnings results on Thursday, July 30th. The company reported $0.27 EPS for the quarter. The company had revenue of $1.06 billion during the quarter. Dream Finders Homes had a return on equity of 10.38% and a net margin of 3.55%.

Institutional Investors Weigh In On Dream Finders Homes

Large investors have recently made changes to their positions in the company. Advisory Services Network LLC acquired a new position in shares of Dream Finders Homes during the third quarter worth approximately $39,000. Hantz Financial Services Inc. increased its position in Dream Finders Homes by 154.0% in the 4th quarter. Hantz Financial Services Inc. now owns 1,674 shares of the company’s stock valued at $29,000 after acquiring an additional 1,015 shares during the period. Larson Financial Group LLC raised its stake in Dream Finders Homes by 4,853.5% during the 3rd quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock valued at $91,000 after acquiring an additional 3,446 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Dream Finders Homes by 11.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock valued at $95,000 after acquiring an additional 402 shares in the last quarter. Finally, State of Wyoming acquired a new position in Dream Finders Homes during the 1st quarter worth $54,000. Institutional investors and hedge funds own 95.55% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on DFH shares. Wall Street Zen lowered Dream Finders Homes from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Dream Finders Homes in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Dream Finders Homes currently has an average rating of “Hold” and a consensus price target of $26.00.

About Dream Finders Homes

Dream Finders Homes is a residential homebuilder that specializes in the design, marketing and construction of single‐family homes, townhomes and condominiums. The company operates a semi‐custom building model that allows homebuyers to select from a range of floor plans and interior finishes, blending the efficiency of production building with the appeal of personalized design options. Dream Finders Homes emphasizes customer engagement through design studios and online tools, guiding buyers through each stage of the homebuilding process from lot selection to move-in.

Since its founding in 2015, Dream Finders Homes has focused on master‐planned and mixed-use communities, often collaborating with community developers to create integrated neighborhoods.