William Radford Lovett II Sells 8,698 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH) Stock

Dream Finders Homes, Inc. (NASDAQ:DFH) Director William Radford Lovett II sold 8,698 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $30.39, for a total value of $264,332.22. Following the completion of the sale, the director now directly owns 4,877,666 shares of the company’s stock, valued at approximately $148,232,269.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

William Radford Lovett II also recently made the following trade(s):

• On Thursday, August 22nd, William Radford Lovett II sold 16,466 shares of Dream Finders Homes stock. The stock was sold at an average price of $30.73, for a total transaction of $506,000.18.
• On Wednesday, August 7th, William Radford Lovett II sold 798 shares of Dream Finders Homes stock. The shares were sold at an average price of $28.05, for a total transaction of $22,383.90.
• On Thursday, July 18th, William Radford Lovett II sold 24,774 shares of Dream Finders Homes stock. The stock was sold at an average price of $31.15, for a total transaction of $771,710.10.

Dream Finders Homes Trading Down 0.7 %

Shares of NASDAQ:DFH opened at $31.04 on Thursday. The stock has a market capitalization of $2.89 billion, a P/E ratio of 10.52, a price-to-earnings-growth ratio of 0.66 and a beta of 1.89. The stock’s 50-day moving average price is $29.72 and its 200-day moving average price is $32.05. Dream Finders Homes, Inc. has a 12-month low of $18.29 and a 12-month high of $44.38.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.04. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.08 billion. Dream Finders Homes had a return on equity of 32.99% and a net margin of 8.00%. Dream Finders Homes’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period last year, the company earned $0.65 EPS. As a group, research analysts predict that Dream Finders Homes, Inc. will post 3.22 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DFH. Naples Money Management LLC purchased a new stake in Dream Finders Homes during the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC bought a new position in shares of Dream Finders Homes during the fourth quarter valued at about $46,000. nVerses Capital LLC boosted its holdings in shares of Dream Finders Homes by 1,800.0% during the second quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock worth $49,000 after purchasing an additional 1,800 shares during the period. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Dream Finders Homes by 926.9% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,222 shares of the company’s stock worth $54,000 after purchasing an additional 1,103 shares during the period. Finally, ORG Partners LLC bought a new stake in shares of Dream Finders Homes in the second quarter worth about $68,000. Institutional investors own 95.55% of the company’s stock.

About Dream Finders Homes

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.