Dolphin Entertainment, Inc. (NASDAQ:DLPN - Get Free Report) CEO William Iv O'dowd purchased 16,500 shares of the firm's stock in a transaction on Monday, December 2nd. The shares were purchased at an average price of $1.14 per share, with a total value of $18,810.00. Following the completion of the acquisition, the chief executive officer now directly owns 121,493 shares of the company's stock, valued at approximately $138,502.02. This trade represents a 15.72 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
William Iv O'dowd also recently made the following trade(s):
- On Monday, September 9th, William Iv O'dowd acquired 7,650 shares of Dolphin Entertainment stock. The shares were acquired at an average cost of $1.44 per share, with a total value of $11,016.00.
Dolphin Entertainment Trading Up 11.6 %
Shares of DLPN stock opened at $1.25 on Tuesday. The firm has a market capitalization of $13.95 million, a P/E ratio of -0.60 and a beta of 1.95. Dolphin Entertainment, Inc. has a 1 year low of $0.95 and a 1 year high of $3.70. The firm's fifty day simple moving average is $1.23 and its 200 day simple moving average is $1.56. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.88.
Institutional Inflows and Outflows
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A hedge fund recently bought a new stake in Dolphin Entertainment stock. SOA Wealth Advisors LLC. bought a new stake in Dolphin Entertainment, Inc. (NASDAQ:DLPN - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,108,983 shares of the company's stock, valued at approximately $699,000. SOA Wealth Advisors LLC. owned 9.94% of Dolphin Entertainment as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 8.87% of the company's stock.
Wall Street Analyst Weigh In
Separately, Maxim Group dropped their price target on Dolphin Entertainment from $8.00 to $5.00 and set a "buy" rating on the stock in a research report on Friday, November 15th.
Check Out Our Latest Report on Dolphin Entertainment
Dolphin Entertainment Company Profile
(
Get Free Report)
Dolphin Entertainment, Inc, together with its subsidiaries, operates as an independent entertainment marketing and production company in the United States. The company operates in two segments, Entertainment Publicity, and Marketing and Content Production. The Entertainment Publicity and Marketing segment provides diversified marketing services, including public relations, entertainment and hospitality content marketing, strategic communications, strategic marketing consulting, social media and influencer marketing, digital marketing, creative branding, talent publicity, and entertainment marketing services, as well as produces promotional video content.
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