Richard Beckwitt Purchases 8,000 Shares of Dream Finders Homes (NYSE:DFH) Stock

Dream Finders Homes, Inc. (NYSE:DFH) Director Richard Beckwitt acquired 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The shares were acquired at an average cost of $13.83 per share, with a total value of $110,640.00. Following the transaction, the director directly owned 78,000 shares in the company, valued at $1,078,740. The trade was a 11.43% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Thursday, August 13th, Richard Beckwitt bought 12,000 shares of Dream Finders Homes stock. The shares were acquired at an average price of $14.80 per share, with a total value of $177,600.00.
• On Tuesday, August 11th, Richard Beckwitt bought 70,000 shares of Dream Finders Homes stock. The stock was acquired at an average cost of $13.95 per share, for a total transaction of $976,500.00.

Dream Finders Homes Stock Up 5.1%

DFH opened at $15.59 on Friday. The stock’s 50 day moving average price is $15.36 and its two-hundred day moving average price is $15.75. The firm has a market capitalization of $1.41 billion, a P/E ratio of 10.90 and a beta of 1.88. Dream Finders Homes, Inc. has a 12-month low of $12.20 and a 12-month high of $31.50.

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

Analysts Set New Price Targets

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

Institutional Trading of Dream Finders Homes

Hedge funds have recently modified their holdings of the company. Hantz Financial Services Inc. increased its position in shares of Dream Finders Homes by 154.0% during the fourth quarter. Hantz Financial Services Inc. now owns 1,674 shares of the company’s stock valued at $29,000 after purchasing an additional 1,015 shares during the period. Advisory Services Network LLC bought a new position in Dream Finders Homes in the third quarter worth $39,000. State of Wyoming bought a new position in Dream Finders Homes in the first quarter worth $54,000. Versant Capital Management Inc boosted its stake in Dream Finders Homes by 59.4% during the second quarter. Versant Capital Management Inc now owns 5,135 shares of the company’s stock worth $89,000 after buying an additional 1,913 shares in the last quarter. Finally, Larson Financial Group LLC boosted its stake in Dream Finders Homes by 4,853.5% during the third quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock worth $91,000 after buying an additional 3,446 shares in the last quarter. 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.