🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Dream Finders Homes director Lovett sells shares worth $933,539

Published 22/10/2024, 07:52 am
DFH
-

JACKSONVILLE, FL—William Radford Lovett II, a director and significant shareholder of Dream Finders Homes, Inc. (NASDAQ:DFH), has reported the sale of shares totaling $933,539, according to a recent SEC filing. The transactions, which took place on October 17 and 18, involved the sale of 26,120 shares of Class A common stock at prices ranging from $33.66 to $35.30 per share.

Following these transactions, Lovett holds 4,651,172 shares indirectly through the W. Radford Lovett II GST Exempt Trust, for which he is the sole trustee. The trust's holdings are part of his broader investment portfolio, reflecting his ongoing involvement in the real estate and construction sector.

Dream Finders Homes, based in Jacksonville, Florida, is a prominent player in the homebuilding industry, focusing on creating communities across the United States.

InvestingPro Insights

Dream Finders Homes (NASDAQ:DFH) has demonstrated strong financial performance, aligning with William Radford Lovett II's recent share transactions. The company's market capitalization stands at $3.3 billion, reflecting its significant presence in the homebuilding industry.

InvestingPro data reveals that Dream Finders Homes has a P/E ratio of 10.19, suggesting the stock may be undervalued relative to its earnings. This is further supported by an InvestingPro Tip indicating that the company is trading at a low P/E ratio relative to its near-term earnings growth. The PEG ratio of 0.49 for the last twelve months as of Q2 2024 reinforces this notion of potential undervaluation.

The company's revenue growth is noteworthy, with an 11.68% increase in the most recent quarter. This growth is complemented by a solid gross profit margin of 19.95% and an operating income margin of 10.88% over the last twelve months, indicating efficient operations and cost management.

An InvestingPro Tip highlights that Dream Finders Homes has delivered a high return over the last year, which is corroborated by the impressive 89.51% one-year price total return. This performance suggests strong investor confidence and market recognition of the company's value proposition.

For investors seeking more comprehensive analysis, InvestingPro offers additional tips and insights. Currently, there are 6 more InvestingPro Tips available for Dream Finders Homes, providing a deeper understanding of the company's financial health and market position.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.