Dolphin entertainment CEO William O’Dowd buys $4,892 in stock

Published 21/05/2025, 02:58
Dolphin entertainment CEO William O’Dowd buys $4,892 in stock

William O’Dowd IV, the Chief Executive Officer of Dolphin Entertainment , Inc. (NASDAQ:DLPN), recently purchased 4,368 shares of the company’s common stock. The transaction, which took place on May 19, 2025, was executed at a weighted average price of $1.12 per share, amounting to a total investment of $4,892. The purchase comes as the stock trades near its 52-week low of $0.75, having declined over 52% in the past year. According to InvestingPro analysis, the company appears undervalued at its current market capitalization of $12.34 million. This acquisition increases O’Dowd’s direct ownership to 187,839 shares.

In addition to his direct holdings, O’Dowd maintains indirect ownership through two entities: Dolphin Entertainment, LLC, and Dolphin Digital Media Holdings, LLC. These entities hold 54,535 and 62,106 shares, respectively, both of which are wholly owned by O’Dowd.

The stock purchase was part of a series of transactions executed at prices ranging from $1.07 to $1.14 per share.

In other recent news, Dolphin Entertainment Inc. reported its first-quarter 2025 financial results, revealing a total revenue of $12.2 million, a decrease from $15.2 million in the same quarter last year. The company faced a net loss of $2.3 million, translating to a loss of $0.21 per share. Despite the revenue decline, core entertainment revenue saw a slight year-over-year increase of 2%. Dolphin Entertainment highlighted its strategic expansions, including the launch of Always Alpha, a women’s sports management firm, and significant investments in digital marketing and influencer marketing. CEO Bill O’Dowd emphasized the growth potential of these ventures, particularly in the women’s sports and affiliate marketing sectors. The company aims for its affiliate marketing division to constitute 25-33% of the core business by the end of the year. Looking forward, Dolphin Entertainment plans to release its "Youngblood" film in February 2026 and expects its Always Alpha division to become profitable in the same year. Analysts from Maxim Group took note of the company’s strategic investments and future growth potential during the earnings call.

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