Dolby Laboratories Inc’s recent filing unveils that its President and CEO YEAMAN KEVIN J unloaded Company’s shares for reported $2.57 million on Jun 10 ’25. In the deal valued at $76.22 per share,33,683 shares were sold. As a result of this transaction, YEAMAN KEVIN J now holds 114,725 shares worth roughly $8.5 million.
Then, YEAMAN FAMILY TRUST U/A DTD 05 bought 33,683 shares, generating $2,567,479 in total proceeds.
Before that, SHERMAN MARK ANDREW sold 15,000 shares. Dolby Laboratories Inc shares valued at $1,125,286 were divested by the EVP, Gen. Counsel & Secretary at a price of $75.02 per share. As a result of the transaction, SHERMAN MARK ANDREW now holds 62,397 shares, worth roughly $4.62 million.
A number of analysts have revised their coverage, including Barrington Research’s analysts, who increased its forecast for the stock in early June from “a Mkt perform” to “an Outperform”. Barrington Research also remained covering DLB and has decreased its forecast on November 18, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Rosenblatt started covering the stock on May 24, 2022. It rated DLB as “a Buy”.
Price Performance Review of DLB
On Tuesday, Dolby Laboratories Inc [NYSE:DLB] saw its stock fall -1.50% to $74.06. Over the last five days, the stock has lost -3.18%. Dolby Laboratories Inc shares have fallen nearly -5.17% since the year began. Nevertheless, the stocks have fallen -4.98% 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 04/09/25.
Levels Of Support And Resistance For DLB Stock
The 24-hour chart illustrates a support level at 73.68, which if violated will result in even more drops to 73.30. On the upside, there is a resistance level at 74.71. A further resistance level may holdings at 75.36.
