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William O’Dowd IV, the Chief Executive Officer of Dolphin Entertainment , Inc. (NASDAQ:DLPN), has acquired 4,300 shares of the company’s common stock, according to a recent SEC filing. The shares were purchased at a weighted average price of $1.15 per share, totaling approximately $4,945. This transaction took place on May 21, 2025, with the stock currently trading at $1.14. According to InvestingPro data, analysts have set an ambitious target price of $5.00, suggesting significant upside potential despite the stock’s 52% decline over the past year. Following this acquisition, O’Dowd’s direct ownership stands at 192,139 shares.
In addition to his direct holdings, O’Dowd also has indirect ownership through two entities. Dolphin Entertainment, LLC, wholly owned by O’Dowd, holds 54,535 shares, while Dolphin Digital Media Holdings, LLC, another entity fully owned by him, holds 62,106 shares.
In other recent news, Dolphin Entertainment Inc. reported its first-quarter 2025 financial results, revealing a revenue of $12.2 million, a decline from $15.2 million in the same quarter the previous year. The company experienced a net loss of $2.3 million, equating to a loss of $0.21 per share. Despite these financial challenges, Dolphin Entertainment highlighted strategic expansions, including the launch of Always Alpha, a women’s sports management firm. The company is also investing in its digital marketing and influencer marketing efforts. CEO Bill O’Dowd emphasized the growth potential of these initiatives. Looking ahead, Dolphin Entertainment forecasts future revenue of $52 million for FY2025 and $63.78 million for FY2026. The company expects its Always Alpha division to become profitable in 2026 and its affiliate marketing division to significantly contribute to the core business by year-end. These developments showcase Dolphin Entertainment’s strategic focus on expanding its market presence and diversifying its revenue streams.
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