Dolby Laboratories (NYSE:DLB) CAO Sells $77,226.24 in Stock

Dolby Laboratories (NYSE:DLB) CAO Ryan Nicholson sold 1,183 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $65.28, for a total value of $77,226.24. Following the completion of the sale, the chief accounting officer owned 34,453 shares of the company’s stock, valued at $2,249,091.84. This trade represents a 3.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ryan Nicholson also recently made the following trade(s):

• On Monday, August 10th, Ryan Nicholson sold 1,348 shares of Dolby Laboratories stock. The stock was sold at an average price of $62.04, for a total transaction of $83,629.92.
• On Tuesday, August 4th, Ryan Nicholson sold 357 shares of Dolby Laboratories stock. The shares were sold at an average price of $60.63, for a total transaction of $21,644.91.

Dolby Laboratories Price Performance

NYSE DLB opened at $61.51 on Friday. The stock has a market capitalization of $5.76 billion, a P/E ratio of 26.17 and a beta of 0.80. The firm’s 50-day moving average is $55.67 and its two-hundred day moving average is $58.52. Dolby Laboratories has a 12 month low of $48.26 and a 12 month high of $73.78.

Dolby Laboratories (NYSE:DLB) last posted its quarterly earnings data on Thursday, July 30th. The electronics maker reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.02. Dolby Laboratories had a return on equity of 11.08% and a net margin of 16.70%.The firm had revenue of $305.00 million for the quarter, compared to the consensus estimate of $311.96 million. During the same quarter in the previous year, the business earned $0.78 EPS. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. Dolby Laboratories has set its FY 2026 guidance at 4.250-4.400 EPS and its Q4 2026 guidance at 1.130-1.280 EPS. As a group, analysts anticipate that Dolby Laboratories will post 3.23 EPS for the current year.

Dolby Laboratories Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Tuesday, August 11th were given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Tuesday, August 11th. Dolby Laboratories’s dividend payout ratio is currently 61.28%.

Dolby Laboratories announced that its board has authorized a share repurchase program on Thursday, July 30th that authorizes the company to buyback $350.00 million in outstanding shares. This buyback authorization authorizes the electronics maker to reacquire up to 7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on DLB shares. Weiss Ratings cut shares of Dolby Laboratories from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, August 13th. Barrington Research reaffirmed an “outperform” rating and set a $90.00 price objective on shares of Dolby Laboratories in a research report on Monday, June 15th. Wall Street Zen downgraded Dolby Laboratories from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Rosenblatt Securities reissued a “buy” rating and set a $85.00 target price on shares of Dolby Laboratories in a research report on Friday. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Dolby Laboratories currently has an average rating of “Hold” and an average target price of $83.00.

Institutional Investors Weigh In On Dolby Laboratories

Hedge funds have recently modified their holdings of the stock. Fifth Third Bancorp raised its position in Dolby Laboratories by 34.7% during the 4th quarter. Fifth Third Bancorp now owns 746 shares of the electronics maker’s stock worth $48,000 after buying an additional 192 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of Dolby Laboratories in the third quarter valued at about $56,000. iSAM Funds UK Ltd purchased a new stake in shares of Dolby Laboratories in the third quarter valued at about $68,000. Quarry LP increased its stake in shares of Dolby Laboratories by 1,486.7% during the fourth quarter. Quarry LP now owns 1,190 shares of the electronics maker’s stock worth $76,000 after acquiring an additional 1,115 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in Dolby Laboratories by 48.4% during the fourth quarter. Farther Finance Advisors LLC now owns 1,232 shares of the electronics maker’s stock worth $79,000 after purchasing an additional 402 shares in the last quarter. 58.56% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Dolby Laboratories

Here are the key news stories impacting Dolby Laboratories this week:

• Positive Sentiment: Buy rating reaffirmed: Rosenblatt Securities maintained its “buy” rating and set an $85 price target, implying substantial upside from recent trading levels. The call may support the shares by signaling confidence in Dolby’s valuation and longer-term earnings potential. Benzinga analyst rating article
• Positive Sentiment: Expansion into new markets: Dolby is pursuing opportunities in in-car gaming and live sports streaming, potentially broadening its licensing base beyond traditional cinema, television and streaming applications. These initiatives could provide additional long-term growth drivers. Dolby expands into in-car gaming and live sports streaming
• Neutral Sentiment: CEO succession announced: Kevin Yeaman will retire after nearly two decades with Dolby, while Marc Whitten becomes president, CEO and a board member. The planned succession may provide continuity, but investors will assess whether the new leadership can accelerate growth while preserving Dolby’s licensing model. Dolby Laboratories leadership transition announcement
• Neutral Sentiment: Earnings outlook remains mixed: Zacks Research raised several estimates for early 2027 and 2028 quarters, but reduced forecasts for fourth-quarter 2026, third-quarter and fourth-quarter 2027, FY2027 and FY2028. The revisions suggest pockets of strength but limited confidence in consistent growth. Zacks Research earnings outlook
• Negative Sentiment: Chief accounting officer sold shares: CAO Ryan Nicholson sold 1,183 shares for approximately $77,226, reducing his direct holdings by 3.32%. The sale is relatively small and may reflect personal financial planning, but it adds to recent insider selling and can weigh on sentiment. Dolby Laboratories insider stock sale

Dolby Laboratories Company Profile

Dolby Laboratories, Inc is a global leader in audio and imaging technologies, specializing in the development, licensing and deployment of solutions that enhance entertainment and communications experiences. The company’s core business revolves around creating advanced audio codecs, noise reduction systems and spatial sound technologies for a wide range of applications, including cinema, broadcast, gaming, streaming and personal devices. Dolby’s licensing model enables consumer electronics manufacturers, content creators and service providers to integrate its technologies into products such as televisions, smartphones, home theater systems and set-top boxes.

Among its flagship innovations are Dolby Atmos, an immersive audio format that delivers three-dimensional soundscapes for theaters and home systems; Dolby Digital and Dolby Digital Plus, widely adopted audio compression formats for broadcast and streaming; and Dolby Vision, a high-dynamic-range imaging technology that expands color, contrast and brightness in displays.