Dream Finders Homes (NYSE:DFH) Director Len Sturm Acquires 1,000 Shares of Stock

Dream Finders Homes, Inc. (NYSE:DFH) Director Len Sturm bought 1,000 shares of Dream Finders Homes stock in a transaction that occurred on Wednesday, November 4th. The stock was purchased at an average price of $10.53 per share, with a total value of $10,530.00. Following the purchase, the director directly owned 31,728 shares in the company, valued at $334,095.84. The trade was a 3.25% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Len Sturm also recently made the following trade(s):

• On Thursday, September 3rd, Len Sturm purchased 1,500 shares of Dream Finders Homes stock. The shares were purchased at an average price of $13.47 per share, for a total transaction of $20,205.00.
• On Wednesday, August 26th, Len Sturm purchased 1,000 shares of Dream Finders Homes stock. The shares were purchased at an average price of $14.72 per share, for a total transaction of $14,720.00.
• On Monday, August 24th, Len Sturm acquired 250 shares of Dream Finders Homes stock. The stock was purchased at an average cost of $14.75 per share, for a total transaction of $3,687.50.
• On Friday, August 21st, Len Sturm acquired 250 shares of Dream Finders Homes stock. The stock was acquired at an average price of $14.81 per share, for a total transaction of $3,702.50.

Dream Finders Homes Stock Performance

NYSE DFH traded down $0.06 on Friday, reaching $12.40. 1,037,511 shares of the company’s stock traded hands, compared to its average volume of 1,756,050. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 12.92 and a beta of 2.02. The stock has a 50 day moving average price of $11.07 and a 200-day moving average price of $14.58. Dream Finders Homes, Inc. has a fifty-two week low of $7.30 and a fifty-two week high of $21.55.

Dream Finders Homes (NYSE:DFH) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.22 earnings per share for the quarter. The company had revenue of $996.05 million for the quarter. Dream Finders Homes had a return on equity of 8.87% and a net margin of 2.56%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on DFH shares. Wall Street Zen downgraded Dream Finders Homes from a “sell” rating to a “strong sell” rating in a report on Saturday. Weiss Ratings cut shares of Dream Finders Homes from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

Hedge Funds Weigh In On Dream Finders Homes

A number of hedge funds have recently bought and sold shares of DFH. Dimensional Fund Advisors LP lifted its position in shares of Dream Finders Homes by 19.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company’s stock valued at $20,173,000 after buying an additional 234,899 shares in the last quarter. Janus Henderson Group PLC increased its holdings in Dream Finders Homes by 5.2% in the 1st quarter. Janus Henderson Group PLC now owns 1,876,795 shares of the company’s stock worth $26,125,000 after acquiring an additional 92,691 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Dream Finders Homes during the second quarter worth $2,833,000. Bank of America Corp DE raised its position in Dream Finders Homes by 51.5% during the first quarter. Bank of America Corp DE now owns 146,119 shares of the company’s stock worth $2,034,000 after acquiring an additional 49,694 shares during the period. Finally, AMG National Trust Bank acquired a new position in Dream Finders Homes during the first quarter worth $594,000. Hedge funds and other institutional investors own 95.55% of the company’s stock.

About Dream Finders Homes

Dream Finders Homes, Inc is a residential homebuilder that designs, constructs and sells single-family homes. The company serves primarily first-time, move-up and luxury homebuyers, offering homes in a range of floor plans, sizes and price points. Its activities include land acquisition and development, home construction, sales and customer service.

Founded in 2008 by Patrick Zalupski, Dream Finders Homes is headquartered in Jacksonville, Florida. The company operates in selected markets across the Southeast, Mid-Atlantic, Texas and Colorado through the Dream Finders Homes brand and regional homebuilding operations, including affiliated brands such as Coventry Homes and Crescent Homes.

In addition to homebuilding, the company provides related services intended to support the purchase process, including mortgage lending and title and closing services through affiliated businesses.