Dolby Labs CEO Kevin Yeaman sells $3.17 million in stock

Dolby Laboratories , Inc. (NASDAQ:NYSE:DLB), a technology company with impressive gross profit margins of 89% and strong financial health according to InvestingPro analysis, saw its President and CEO Kevin J Yeaman sell a total of $3.17 million in Class A Common Stock on July 15 and 16, 2025. The sales occurred at prices ranging from $74.8126 to $75.3032.

According to a Form 4 filing with the Securities and Exchange Commission, the sales involved a total of 39,875 shares.

On the same dates, Yeaman also exercised options to acquire Dolby Labs Class A Common Stock. These transactions involved the exercise of options for a total of $2259343, with prices between $45.5 and $64.6.

Following these transactions, Yeaman continues to hold a significant number of Dolby Laboratories shares, both directly and indirectly through a trust. For comprehensive insider trading analysis and additional insights, access the detailed Pro Research Report available on InvestingPro, covering over 1,400 top US stocks.

By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009

Shares held following the reported transactions include 127,735 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.

In other recent news, Dolby Laboratories reported its second-quarter earnings for 2025, surpassing expectations with a non-GAAP earnings per share of $1.34, above the forecasted $1.27. However, the company’s revenue fell short of expectations, reaching $370 million compared to the anticipated $376.38 million. Dolby has adjusted its full-year revenue guidance to between $1.31 billion and $1.38 billion, reflecting cautious optimism amid macroeconomic uncertainties. Additionally, Tigress Financial Partners reinstated coverage of Dolby Laboratories with a Buy rating, setting a price target of $112.00, highlighting the company’s advanced audio and video technologies as key growth drivers. The firm noted Dolby’s strong financial health, emphasizing its robust balance sheet and cash flow. Dolby has also been active in the automotive sector, announcing partnerships with several car manufacturers to integrate Dolby Atmos and Dolby Vision technologies. In a collaboration with Lenovo and Google (NASDAQ:GOOGL), Dolby introduced the first Chromebook featuring Dolby Atmos sound technology, aiming to enhance audio experiences for users. These developments underscore Dolby’s continued focus on innovation and strategic partnerships across various sectors.

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