Intel surge more than 8% after chipmaker’s profits top expectations
Dolphin Entertainment, Inc. (NASDAQ:DLPN) Chief Executive Officer William O’Dowd IV acquired 3,300 shares of common stock on October 20, 2025. The shares were purchased at a weighted average price of $1.48, for a total value of $4,884. The purchase comes as the stock shows strong momentum, with a 37.5% gain over the past six months. According to InvestingPro analysis, DLPN appears undervalued, with analysts setting an ambitious $5 price target.
The prices paid for the shares in multiple transactions ranged from $1.43 to $1.51. Following the transaction, O’Dowd directly owns 387,788 shares of Dolphin Entertainment , Inc.
Additionally, O’Dowd indirectly owns 54,535 shares through Dolphin Entertainment, LLC and 62,106 shares through Dolphin Digital Media Holdings, LLC, entities wholly owned by O’Dowd.
In other recent news, Dolphin Entertainment reported a 23% increase in second-quarter revenue, reaching $14.1 million. Despite this growth, the company experienced a net loss of $1.4 million, equating to a net loss per share of $0.13. Additionally, Dolphin Entertainment amended the terms of previously issued promissory notes and entered into new convertible debt agreements. The amendments involved extending the maturity date of two promissory notes, originally issued in October and December 2022, to August 26, 2030. Each note had a principal amount of $500,000, and the conversion price was fixed at $1.07 per share. The holder of these notes can convert the $1 million outstanding principal plus accrued interest into shares of common stock at this set price. These developments reflect Dolphin Entertainment’s ongoing financial strategies and recent performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.