Dream Finders Homes (NYSE:DFH) Director Richard Beckwitt Purchases 10,000 Shares of Stock

Dream Finders Homes, Inc. (NYSE:DFH) Director Richard Beckwitt acquired 10,000 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average cost of $12.07 per share, for a total transaction of $120,700.00. Following the completion of the transaction, the director directly owned 100,000 shares of the company’s stock, valued at $1,207,000. This represents a 11.11% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available 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 stock was bought at an average price of $14.80 per share, for a total transaction of $177,600.00.
• On Wednesday, August 12th, Richard Beckwitt bought 8,000 shares of Dream Finders Homes stock. The stock was bought at an average price of $13.83 per share, with a total value of $110,640.00.
• On Tuesday, August 11th, Richard Beckwitt bought 70,000 shares of Dream Finders Homes stock. The shares were bought at an average cost of $13.95 per share, with a total value of $976,500.00.

Dream Finders Homes Stock Up 3.9%

Dream Finders Homes stock opened at $12.75 on Tuesday. The company’s fifty day simple moving average is $14.62 and its 200-day simple moving average is $14.89. Dream Finders Homes, Inc. has a 12 month low of $11.76 and a 12 month high of $30.34. The stock has a market cap of $1.16 billion, a P/E ratio of 8.91 and a beta of 1.91.

Dream Finders Homes (NYSE:DFH) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.27 earnings per share (EPS) for the quarter. The business 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%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued 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 issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $26.00.

Institutional Investors Weigh In On Dream Finders Homes

A number of large investors have recently bought and sold shares of DFH. Cooke & Bieler LP boosted its stake in shares of Dream Finders Homes by 0.7% during the 4th quarter. Cooke & Bieler LP now owns 2,487,064 shares of the company’s stock worth $42,529,000 after acquiring an additional 16,946 shares in the last quarter. Janus Henderson Group PLC raised its stake in shares of 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 valued at $26,125,000 after acquiring an additional 92,691 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Dream Finders Homes by 19.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company’s stock worth $20,173,000 after purchasing an additional 234,899 shares during the last quarter. Elgethun Capital Management lifted its holdings in Dream Finders Homes by 8.2% in the 4th quarter. Elgethun Capital Management now owns 495,037 shares of the company’s stock worth $8,465,000 after purchasing an additional 37,450 shares during the last quarter. Finally, California State Teachers Retirement System boosted its position in Dream Finders Homes by 1,564.5% during the second quarter. California State Teachers Retirement System now owns 442,132 shares of the company’s stock worth $7,631,000 after purchasing an additional 415,570 shares during the period. 95.55% of the stock is currently owned by institutional investors.

About Dream Finders Homes

Dream Finders Homes, Inc is a residential homebuilder that designs, builds and sells single-family homes. The company offers both build-to-order and speculative homes, serving a range of buyers through communities developed in suburban and metropolitan markets.

In addition to home construction, Dream Finders Homes provides related services through affiliated businesses, including mortgage lending and title services. Its homebuilding operations are concentrated in several U.S. markets, primarily across the Southeast, Mid-Atlantic, Texas and Colorado, with offerings that vary by local market and community.

The company was founded in 2008 and is headquartered in Jacksonville, Florida.