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. Dolphin Entertainment Inc shares valued at $14,170 were purchased by O’Dowd William IV on Dec 17 ’24. At $1.09 per share, O’Dowd William IV acquired 13,000 shares. The insider’s holdings grew to 147,493 shares worth approximately $0.16 million following the completion of this transaction.
Also, O’Dowd William IV purchased 13,000 shares, netting a total of over 14,560 in proceeds. Following the buying of shares at $1.12 each, the insider now holds 134,493 shares.
Before that, O’Dowd William IV had added 16,500 shares to its account. In a trade valued at $18,843, the Chief Executive Officer bought Dolphin Entertainment Inc shares for $1.14 each. Upon closing the transaction, the insider’s holdings increased to 16,500 shares, worth approximately $0.13 million.
As published in a research note from Maxim Group on August 02, 2021, Dolphin Entertainment Inc [DLPN] has been retained to a Buy and the price target has been revised to $28.
Analyzing DLPN Stock Performance
During the last five days, there has been a surge of approximately 2.91%. Over the course of the year, Dolphin Entertainment Inc shares have dropped approximately -0.93%. Shares of the company reached a 52-week high of $1.3883 on 01/06/25 and a 52-week low of $0.9450 on 01/29/25. A 50-day SMA is recorded $1.0408, while a 200-day SMA reached $1.3164.
Support And Resistance Levels for Dolphin Entertainment Inc (DLPN)
According to the 24-hour chart, there is a support level at 1.0067, which, if violated, would cause prices to drop to 0.9533. In the upper region, resistance lies at 1.1067. The next price resistance is at 1.1533. RSI (Relative Strength Index) is 51.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0034, which suggests the price will decrease in the coming days. Percent R is at 44.44%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
