Dream Finders Homes, Inc. (NASDAQ:DFH) President and CEO Patrick O. Zalupski has recently sold a significant amount of company stock, transactions that totaled approximately $4.4 million. According to the latest filings with the Securities and Exchange Commission, the sales occurred over two days, with share prices ranging from $35.65 to $40.77.
On March 14, 2024, Zalupski sold shares in multiple transactions at weighted average prices that varied throughout the day. The first batch of 35,724 shares was sold at an average price of $38.18, with individual sale prices ranging from $37.61 to $38.61. Another set of 6,357 shares was sold at an average of $38.96, with the range being $38.62 to $39.62. Additional sales included 1,565 shares at an average price of $39.93, ranging from $39.66 to $40.28, and 600 shares at an average of $40.77, with a range from $40.75 to $40.93.
The following day, on March 15, Zalupski continued with the disposal of company shares. A large transaction of 73,119 shares took place at an average price of $35.65, with prices ranging from $35.13 to $36.12. He also sold 3,012 shares at an average price of $36.32, with the sale prices spanning from $36.14 to $36.68.
After the sales, Zalupski still holds a substantial amount of Dream Finders Homes stock, including both Class A and Class B common shares. Notably, Class B shares are convertible at any time into Class A shares and do not have an expiration date.
The transactions are part of regular filings by corporate executives and are publicly disclosed to maintain transparency in the market. These filings provide investors and the public with insight into the trading activities of a company's insiders, offering a glimpse into their perspective on the company's current valuation and future prospects.
InvestingPro Insights
Amidst the recent insider trading activity at Dream Finders Homes, Inc. (NASDAQ:DFH), investors may find it valuable to consider the company's current financial standing and market performance. With a market capitalization of $3.31 billion, Dream Finders Homes demonstrates a robust presence in the market. The company's P/E ratio, which stands at 14.38, becomes even more intriguing when adjusted for the last twelve months as of Q4 2023, showing a lower figure of 10.31. This suggests that the company is trading at a discount relative to its near-term earnings growth, an InvestingPro Tip that could signal a potential investment opportunity.
On the growth front, Dream Finders Homes has shown a steady revenue increase, with a 12.15% growth over the last twelve months as of Q4 2023. This is complemented by a gross profit margin of 19.65%, reflecting the company's ability to maintain profitability. Another InvestingPro Tip worth noting is the company's high return over the last year, with a 192.99% one-year price total return, showcasing strong performance in the market.
For those considering adding Dream Finders Homes to their portfolio, or current shareholders looking to reassess their position, there are additional InvestingPro Tips available. With a total of 9 more tips listed on InvestingPro for Dream Finders Homes, investors can gain deeper insights and make more informed decisions. To explore these tips and more detailed analytics, visit https://www.investing.com/pro/DFH and remember to use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.
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