Dream Finders Homes director Lovett sells $1.37m in stock

Published 28/07/2025, 23:10
Dream Finders Homes director Lovett sells $1.37m in stock

William Radford Lovett II, a director at Dream Finders Homes, Inc. (NASDAQ:DFH), sold a total of 50,076 shares of Class A common stock on July 24, 2025. The sales amounted to $1,378,377 with prices ranging from $26.68 to $27.96 per share. The $2.57 billion homebuilder currently trades at an attractive P/E ratio of 6.7, according to InvestingPro data.

The transactions involved two separate sales. The first sale consisted of 28,172 shares sold at a weighted average price of $27.95, with individual prices ranging from $27.82 to $27.96. The second sale involved 21,904 shares at a weighted average price of $26.98, with prices ranging from $26.68 to $27.20. The stock has shown strong momentum with a 7.79% gain over the past week, and investors should note that DFH’s next earnings report is scheduled for July 31, 2025. InvestingPro subscribers have access to 8 additional key insights about DFH’s financial health and valuation.

Following these transactions, Lovett still indirectly owns 4,140,883 shares through the W. Radford Lovett II GST Exempt Trust u/a dated 12/28/2004, for which he serves as the sole trustee. Additionally, Lovett directly owns 22,349 shares.

In other recent news, Dream Finders Homes announced that Director W. Radford Lovett II will retire from the Board of Directors effective June 9, 2025. The announcement was made on May 8, 2025, and cited Lovett’s need to focus on his other business and personal commitments as the reason for his departure. Lovett has been a Director since January 2021 and has played a significant role as an investor and advisor for the company. His background includes founding and leading several successful companies, such as TowerCom, Ltd, TowerCom Development, LP, and TowerCom, LLC. Additionally, Lovett co-founded the venture capital firm Lovett Miller & Co. and served as president of Southcoast Capital Corporation. This development marks a notable change in the leadership structure of Dream Finders Homes.

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