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William O’Dowd IV, Chief Executive Officer of Dolphin Entertainment , Inc. (NASDAQ:DLPN), recently purchased 4,350 shares of common stock. According to a Form 4 filing with the Securities and Exchange Commission, the shares were bought at prices ranging from $1.13 to $1.14 per share, with the total transaction amounting to $4954. The purchase comes as the stock trades near its 52-week low, with InvestingPro analysis indicating the stock is currently undervalued. Analysts maintain a $5 price target, suggesting significant upside potential.
The transaction, which took place on June 18, 2025, increased O’Dowd’s direct ownership to 227,479 shares. The filing also indicates that O’Dowd indirectly owns 54,535 shares through Dolphin Entertainment, LLC, and 62,106 shares through Dolphin Digital Media Holdings, LLC. Despite the stock’s recent 10% decline, the company maintains impressive gross profit margins of 94%. Get deeper insights into insider trading patterns and 7 additional key metrics with InvestingPro.
In other recent news, Dolphin Entertainment Inc. has reported its first-quarter 2025 financial results, revealing a decline in total revenue to $12.2 million from $15.2 million in the same period last year. The company faced a net loss of $2.3 million, translating to a loss of $0.21 per share. Despite these challenges, Dolphin highlighted strategic expansions, including the launch of Always Alpha, a women’s sports management firm, and investments in digital marketing. The company is also focusing on expanding its influencer marketing efforts. CEO Bill O’Dowd emphasized the company’s growth potential and strategic positioning in women’s sports management and influencer marketing. Looking forward, Dolphin anticipates the Always Alpha division to become profitable by 2026 and expects its affiliate marketing division to contribute significantly to the core business by the end of the year. Additionally, Dolphin is targeting the release of its "Youngblood" film in February 2026.
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