The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Dream Finders Homes Inc shares valued at $7,637,830 were purchased by Patrick Zalupski on Nov 21 ’24. At $30.56 per share, Patrick Zalupski acquired 249,929 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Zalupski Patrick O. sold 31,919 shares, netting a total of over 991,404 in proceeds. Following the sale of shares at $31.06 each, the insider now holds 725,000 shares.
Before that, Zalupski Patrick O. had sold 30,757 shares from its account. In a trade valued at $924,652, the President and CEO traded Dream Finders Homes Inc shares for $30.06 each. Upon closing the transaction, the insider’s holdings decreased to 30,757 shares, worth approximately $21.22 million.
As published in a research note from RBC Capital Mkts on January 13, 2023, Dream Finders Homes Inc [DFH] has been rated down from a Sector perform to an Underperform and the price target has been revised to $8. Analysts at BofA Securities upgraded the stock from ‘”an Underperform”‘ to ‘”a Neutral”‘ outlook in a report released in late August. As of June 17, 2022, BofA Securities has decreased its “Neutral” rating to a “an Underperform” for DFH.
Analyzing DFH Stock Performance
During the last five days, there has been a surge of approximately 6.70%. Over the course of the year, Dream Finders Homes Inc shares have dropped approximately -13.99%. Shares of the company reached a 52-week high of $44.38 on 03/28/24 and a 52-week low of $23.46 on 08/05/24. A 50-day SMA is recorded $32.85, while a 200-day SMA reached $32.34. Nevertheless, trading volume fell to 2.22 million shares from 0.36 million shares the previous day.
Support And Resistance Levels for Dream Finders Homes Inc (DFH)
According to the 24-hour chart, there is a support level at 29.87, which, if violated, would cause prices to drop to 29.17. In the upper region, resistance lies at 31.82. The next price resistance is at 33.07. RSI (Relative Strength Index) is 49.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.34, which suggests the price will decrease in the coming days. Percent R is at 38.41%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
