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Dolby Laboratories (NASDAQ:DLB) President and CEO Kevin J. Yeaman sold a total of $1.72 million in Class A Common Stock on October 14, 2025. The sales, executed in two separate transactions, saw 11,214 shares sold at an average price of $68.5057 and 13,786 shares sold at an average price of $69.1730. The prices for these shares ranged from $67.83 to $69.35. The transactions occur as Dolby trades near its 52-week low of $67.54, with InvestingPro analysis indicating the stock is currently undervalued.
According to a Form 4 filing with the Securities and Exchange Commission, Yeaman also exercised options to acquire 25,000 shares of Class A Common Stock at a price of $45.5 per share, for a total value of $1,137,500.
Following these transactions, Yeaman directly holds 127,735 shares of Dolby Laboratories Class A Common Stock, which includes 127,735 shares underlying restricted stock units, and indirectly holds 114,725 shares by a trust.
In other recent news, Dolby Laboratories reported a strong performance for the third quarter of fiscal year 2025. The company’s revenue increased by 9% year-over-year, reaching $316 million. This growth was supported by robust performance in both its licensing and product segments. Dolby Laboratories achieved a non-GAAP earnings per share of $0.78. These results reflect the company’s ability to capitalize on its market position. Despite the positive earnings report, there was no significant movement in the stock price during aftermarket trading. Investors and analysts will likely continue to monitor Dolby Laboratories’ performance in the upcoming quarters.
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