Insider Buying: Dream Finders Homes (NYSE:DFH) Director Purchases 12,000 Shares of Stock

Dream Finders Homes, Inc. (NYSE:DFH) Director Richard Beckwitt bought 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The stock was acquired at an average price of $14.80 per share, for a total transaction of $177,600.00. Following the transaction, the director owned 90,000 shares in the company, valued at $1,332,000. This trade represents a 15.38% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, August 12th, Richard Beckwitt purchased 8,000 shares of Dream Finders Homes stock. The shares were acquired at an average price of $13.83 per share, with a total value of $110,640.00.
• On Tuesday, August 11th, Richard Beckwitt acquired 70,000 shares of Dream Finders Homes stock. The shares were bought at an average cost of $13.95 per share, for a total transaction of $976,500.00.

Dream Finders Homes Stock Up 3.3%

Shares of DFH traded up $0.48 during trading hours on Thursday, hitting $14.87. The company had a trading volume of 544,211 shares, compared to its average volume of 664,260. The firm has a market cap of $1.35 billion, a P/E ratio of 10.40 and a beta of 1.88. The stock’s 50 day moving average price is $15.33 and its 200 day moving average price is $15.79. Dream Finders Homes, Inc. has a 52-week low of $12.20 and a 52-week high of $31.50.

Dream Finders Homes (NYSE:DFH) last released its earnings results on Thursday, July 30th. The company reported $0.27 earnings per share 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%.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DFH. Hantz Financial Services Inc. lifted its holdings 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 worth $29,000 after buying an additional 1,015 shares during the period. Advisory Services Network LLC purchased a new position in shares of Dream Finders Homes during the third quarter valued at approximately $39,000. State of Wyoming bought a new position in shares of Dream Finders Homes during the first quarter valued at approximately $54,000. Versant Capital Management Inc raised its holdings in shares of Dream Finders Homes by 59.4% during the second quarter. Versant Capital Management Inc now owns 5,135 shares of the company’s stock valued at $89,000 after acquiring an additional 1,913 shares in the last quarter. Finally, Larson Financial Group LLC lifted its stake in Dream Finders Homes by 4,853.5% in the third quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock worth $91,000 after acquiring an additional 3,446 shares during the period. Institutional investors own 95.55% of the company’s stock.

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.