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In a recent transaction reported to the Securities and Exchange Commission, William O’Dowd IV, the Chief Executive Officer of Dolphin Entertainment , Inc. (NASDAQ:DLPN), acquired 4,600 shares of the company’s common stock. The shares were purchased at a price of $1.08 each, totaling $4,968. The purchase comes as the stock trades near $1.14, down over 50% in the past year, though InvestingPro analysis suggests the stock is currently undervalued.
Following this acquisition, O’Dowd’s direct ownership in Dolphin Entertainment increased to 210,529 shares. Additionally, he holds indirect ownership through entities wholly owned by him, including Dolphin Entertainment, LLC and Dolphin Digital Media Holdings, LLC, with post-transaction holdings of 54,535 and 62,106 shares, respectively. While the company maintains impressive gross profit margins of nearly 94%, InvestingPro subscribers can access 7 additional key insights about DLPN’s financial health and growth prospects.
In other recent news, Dolphin Entertainment Inc. reported its first-quarter 2025 financial results, revealing a decline in total revenue to $12.2 million from $15.2 million in the same quarter last year. The company experienced a net loss of $2.3 million, or $0.21 per share. Despite the financial challenges, Dolphin Entertainment emphasized strategic expansions, including the launch of Always Alpha, a women’s sports management firm. The company is also investing heavily in digital marketing and plans to expand its influencer marketing efforts. CEO Bill O’Dowd highlighted the company’s undervaluation and its potential for growth. Looking forward, Dolphin Entertainment has set revenue forecasts of $52 million for fiscal year 2025 and $63.78 million for 2026. The company expects its Always Alpha division to become profitable in 2026. Additionally, Dolphin is targeting the release of its "Youngblood" film in February 2026, aligning with strategic timing for the Winter Olympics.
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