Dolphin Entertainment, Inc. (NASDAQ:DLPN - Get Free Report) CEO William Iv O'dowd acquired 13,000 shares of the company's stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average cost of $1.09 per share, for a total transaction of $14,170.00. Following the purchase, the chief executive officer now directly owns 147,493 shares of the company's stock, valued at $160,767.37. This represents a 9.67 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link.
William Iv O'dowd also recently made the following trade(s):
- On Monday, December 9th, William Iv O'dowd purchased 13,000 shares of Dolphin Entertainment stock. The shares were acquired at an average price of $1.12 per share, for a total transaction of $14,560.00.
- On Monday, December 2nd, William Iv O'dowd acquired 16,500 shares of Dolphin Entertainment stock. The shares were bought at an average cost of $1.14 per share, for a total transaction of $18,810.00.
Dolphin Entertainment Price Performance
Shares of NASDAQ DLPN opened at $1.14 on Wednesday. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.76 and a quick ratio of 0.76. The firm's 50 day simple moving average is $1.21 and its 200-day simple moving average is $1.47. The stock has a market capitalization of $12.72 million, a price-to-earnings ratio of -0.55 and a beta of 1.96. Dolphin Entertainment, Inc. has a 12 month low of $0.95 and a 12 month high of $3.58.
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Separately, Maxim Group lowered their price target on Dolphin Entertainment from $8.00 to $5.00 and set a "buy" rating for the company in a report on Friday, November 15th.
View Our Latest Research Report on DLPN
Institutional Trading of Dolphin Entertainment
An institutional investor recently bought a new position in Dolphin Entertainment stock. SOA Wealth Advisors LLC. acquired a new position in shares of Dolphin Entertainment, Inc. (NASDAQ:DLPN - Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 1,108,983 shares of the company's stock, valued at approximately $699,000. SOA Wealth Advisors LLC. owned about 9.94% of Dolphin Entertainment at the end of the most recent quarter. Institutional investors and hedge funds own 8.87% of the company's stock.
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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