In a filing, Dolby Laboratories Inc revealed its SVP, Chief Marketing Officer Pendleton Todd unloaded Company’s shares for reported $1.52 million on Feb 19 ’25. In the deal valued at $83.75 per share,18,121 shares were sold. As a result of this transaction, Pendleton Todd now holds 37,290 shares worth roughly $2.59 million.
Then, Pendleton Todd bought 18,121 shares, generating $1,517,673 in total proceeds.
Before that, Nicholson Ryan sold 7,000 shares. Dolby Laboratories Inc shares valued at $588,480 were divested by the VP, CAO and Corp. Controller at a price of $84.07 per share. As a result of the transaction, Nicholson Ryan now holds 29,758 shares, worth roughly $2.06 million.
Barrington Research upgraded its Dolby Laboratories Inc [DLB] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Barrington Research’s analysts, who decreased its forecast for the stock in mid November from “an Outperform” to “a Mkt perform”. Rosenblatt began covering DLB with “Buy” recommendation on May 24, 2022. Barrington Research revised its rating on August 02, 2021. It rated DLB as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of DLB
On Tuesday, Dolby Laboratories Inc [NYSE:DLB] saw its stock fall -1.00% to $69.36. Over the last five days, the stock has lost -13.98%. Dolby Laboratories Inc shares have fallen nearly -11.19% since the year began. Nevertheless, the stocks have fallen -15.94% over the past one year. While a 52-week high of $89.66 was reached on 01/30/25, a 52-week low of $66.35 was recorded on 04/08/25. SMA at 50 days reached $81.52, while 200 days put it at $77.31.
Levels Of Support And Resistance For DLB Stock
The 24-hour chart illustrates a support level at 68.00, which if violated will result in even more drops to 66.64. On the upside, there is a resistance level at 71.29. A further resistance level may holdings at 73.23. The Relative Strength Index (RSI) on the 14-day chart is 19.32, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.38%. Stochastics %K at 5.70% indicates the stock is a buying.
How much short interest is there in Dolby Laboratories Inc?
A steep rise in short interest was recorded in Dolby Laboratories Inc stocks on 2025-03-14, growing by 0.35 million shares to a total of 1.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.78 million shares. There was a rise of 30.91%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 04, 2020 when B. Riley FBR resumed its ‘”a Neutral”‘ rating for the stock and retained the price target to $73.
