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Mon Sep 23 22:28:49 UTC 2024: ## Dream Finders Homes Director Sells Stock, Hedge Funds Show Interest
**[City, State] -** Dream Finders Homes, Inc. (NASDAQ: DFH) saw a significant insider transaction this week, as Director William Radford Lovett II sold 32,724 shares of the company’s stock on Thursday, September 19th. The sale, which totaled $1,234,349.28, leaves Lovett with 4,733,674 shares, valued at $178,554,183.28.
The news of the sale comes as Dream Finders Homes stock traded down slightly on Monday, closing at $36.64. The company’s stock performance has been volatile in recent months, with a 1-year low of $18.29 and a 1-year high of $44.38.
Despite the insider sale, hedge funds are showing continued interest in Dream Finders Homes. Naples Money Management LLC, Benjamin F. Edwards & Company Inc., nVerses Capital LLC, ORG Partners LLC, and Palouse Capital Management Inc. all acquired new stakes in the company during recent quarters, indicating a positive outlook on the homebuilder’s future.
Analysts at Bank of America recently increased their price objective on Dream Finders Homes from $35.00 to $38.00, giving the company a “neutral” rating.
Dream Finders Homes, Inc. operates in the homebuilding industry, offering single-family homes across various segments, including entry-level, move-up, active adult, and custom homes in multiple states. The company’s strong presence in key markets and continued interest from investors suggest a positive outlook for Dream Finders Homes in the coming months.