Fenimore Asset Management Inc Sells 3,250 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Fenimore Asset Management Inc lowered its stake in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 0.6% during the fourth quarter, HoldingsChannel reports. The fund owned 557,581 shares of the company’s stock after selling 3,250 shares during the quarter. Fenimore Asset Management Inc’s holdings in Dream Finders Homes were worth $12,975,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of DFH. Geode Capital Management LLC increased its holdings in shares of Dream Finders Homes by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 622,342 shares of the company’s stock worth $22,539,000 after purchasing an additional 39,130 shares during the period. Hennessy Advisors Inc. grew its position in Dream Finders Homes by 6.8% during the fourth quarter. Hennessy Advisors Inc. now owns 235,700 shares of the company’s stock worth $5,485,000 after buying an additional 15,100 shares in the last quarter. Barclays PLC increased its stake in Dream Finders Homes by 45.2% during the third quarter. Barclays PLC now owns 92,402 shares of the company’s stock valued at $3,345,000 after acquiring an additional 28,764 shares during the period. Natixis Advisors LLC increased its stake in Dream Finders Homes by 85.2% during the third quarter. Natixis Advisors LLC now owns 44,662 shares of the company’s stock valued at $1,617,000 after acquiring an additional 20,551 shares during the period. Finally, Bretton Capital Management LLC acquired a new position in Dream Finders Homes in the 3rd quarter valued at approximately $4,508,000. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Dream Finders Homes

In related news, CEO Patrick O. Zalupski sold 18,119 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $33.26, for a total value of $602,637.94. Following the sale, the chief executive officer now owns 2,003,125 shares of the company’s stock, valued at $66,623,937.50. The trade was a 0.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders sold 68,252 shares of company stock valued at $2,094,199. Company insiders own 70.45% of the company’s stock.

Dream Finders Homes Trading Down 0.6 %

Shares of DFH stock opened at $24.51 on Friday. The company has a market capitalization of $2.29 billion, a P/E ratio of 8.03, a P/E/G ratio of 0.79 and a beta of 2.02. Dream Finders Homes, Inc. has a 12 month low of $21.42 and a 12 month high of $44.38. The stock has a 50 day moving average of $26.75 and a two-hundred day moving average of $29.94.

Dream Finders Homes (NASDAQ:DFH) last issued its earnings results on Thursday, October 31st. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.14). The firm had revenue of $986.26 million during the quarter, compared to the consensus estimate of $1.07 billion. Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period last year, the business earned $0.75 earnings per share. Sell-side analysts predict that Dream Finders Homes, Inc. will post 3.33 earnings per share for the current fiscal year.

Dream Finders Homes Company Profile

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.