Insider Buying: Dolphin Digital Media (NASDAQ:DLPN) CEO Purchases $99,999.10 in Stock

Dolphin Digital Media Inc. (NASDAQ:DLPN) CEO William Iv O’dowd acquired 84,745 shares of Dolphin Digital Media stock in a transaction on Thursday, August 21st. The stock was purchased at an average price of $1.18 per share, with a total value of $99,999.10. Following the transaction, the chief executive officer directly owned 353,724 shares in the company, valued at approximately $417,394.32. This trade represents a 31.51% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

William Iv O’dowd also recently made the following trade(s):

• On Monday, August 18th, William Iv O’dowd acquired 4,300 shares of Dolphin Digital Media stock. The stock was purchased at an average price of $1.15 per share, with a total value of $4,945.00.
• On Monday, August 4th, William Iv O’dowd acquired 4,400 shares of Dolphin Digital Media stock. The stock was purchased at an average price of $1.12 per share, with a total value of $4,928.00.
• On Monday, July 28th, William Iv O’dowd acquired 3,750 shares of Dolphin Digital Media stock. The stock was purchased at an average price of $1.33 per share, with a total value of $4,987.50.
• On Monday, July 21st, William Iv O’dowd acquired 4,150 shares of Dolphin Digital Media stock. The stock was purchased at an average price of $1.19 per share, with a total value of $4,938.50.
• On Monday, July 14th, William Iv O’dowd acquired 3,900 shares of Dolphin Digital Media stock. The stock was purchased at an average price of $1.28 per share, with a total value of $4,992.00.
• On Monday, June 30th, William Iv O’dowd acquired 4,400 shares of Dolphin Digital Media stock. The stock was purchased at an average price of $1.13 per share, with a total value of $4,972.00.
• On Wednesday, June 25th, William Iv O’dowd acquired 4,150 shares of Dolphin Digital Media stock. The stock was purchased at an average price of $1.20 per share, with a total value of $4,980.00.
• On Monday, June 23rd, William Iv O’dowd acquired 4,350 shares of Dolphin Digital Media stock. The stock was purchased at an average price of $1.14 per share, with a total value of $4,959.00.
• On Wednesday, June 18th, William Iv O’dowd bought 4,350 shares of Dolphin Digital Media stock. The stock was bought at an average cost of $1.14 per share, with a total value of $4,959.00.
• On Monday, June 9th, William Iv O’dowd bought 4,150 shares of Dolphin Digital Media stock. The stock was bought at an average cost of $1.20 per share, with a total value of $4,980.00.

Dolphin Digital Media Trading Down 2.5%

Shares of DLPN opened at $1.18 on Thursday. Dolphin Digital Media Inc. has a 1 year low of $0.75 and a 1 year high of $1.78. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 1.88. The stock has a 50 day simple moving average of $1.18 and a 200-day simple moving average of $1.10. The stock has a market cap of $13.85 million, a PE ratio of -0.91 and a beta of 2.29.

Dolphin Digital Media (NASDAQ:DLPN) last released its quarterly earnings results on Wednesday, August 13th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.08). The business had revenue of $14.09 million for the quarter, compared to analyst estimates of $14.00 million. Dolphin Digital Media had a negative net margin of 28.08% and a negative return on equity of 62.59%.

Dolphin Digital Media Company Profile

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.