Economy

Dolby Laboratories (DLB) Director Sells 9310 Shares of Stock

Its up 0.56, from 0.91 in 2017Q1. 41 funds opened positions while 81 raised stakes. Kylin Management Llc, a New York-based fund reported 364,100 shares. Dolby Laboratories earned a news impact score of 0.18 on Accern's scale. Cwm, LLC now holds 60 shares valued at $3,000. Thompson Davis And Incorporated has 0.01% invested in Dolby Laboratories, Inc. (NYSE:DLB) shares were sold by CHEW LEWIS. Pacad Investment reported 0% stake.

Shares of the company are trading at $59.77 a tad above $56.66, the 50 day moving average and which is well above the 200 day moving average of $52.38. Metropolitan Life reported 1,491 shares. Geode Cap Management Limited invested in 493,711 shares or 0.01% of the stock. Price Michael F owns 948,955 shares or 6.16% of their U.S. portfolio. As of quarter end Cutler Group LP had acquired 5,438 shares growing its holdings by 308.6%. Barclays Public Ltd Co invested in 37,681 shares or 0% of the stock. The value of the investment in Dolby Laboratories went from $636,000 to $3,624,000 a change of $2,988,000 quarter over quarter.

The share price of the company (NYSE:DLB) was up +0.15%, with a high of 59.68 during the day and the volume of Dolby Laboratories shares traded was 6201. (NYSE:DLB). Price T Rowe Assoc Inc Md has 0% invested in Dolby Laboratories, Inc.

Since January 1, 0001, it had 0 insider buys, and 4 sales for $9.81 million activity. (NYSE:DLB) on Friday, May 12. Also, major shareholder Dagmar Dolby sold 100,000 shares of the firm's stock in a transaction dated Monday, July 31st. DONATIELLO NICHOLAS JR sold $103,500 worth of stock or 2,000 shares. $513,326 worth of stock was sold by YEAMAN KEVIN J on Tuesday, May 2.

Analysts at B. Riley now has a $65.5 target price on Dolby Laboratories (NYSE:DLB). Barrington Research raised Dolby Laboratories from a "market perform" rating to an "outperform" rating in a research report on Thursday, October 27th.

Dolby Laboratories (NYSE:DLB) EVP Mark Andrew Sherman sold 7,000 shares of the stock in a transaction that occurred on Wednesday, October 18th.

Ratings analysis reveals 67% of Cognex's analysts are positive. Dolby Laboratories has a 52 week low of $44.99 and a 52 week high of $60.49. The stock was sold at an average price of $51.79, for a total transaction of $517,900.00. The value of the investment in Dolby Laboratories decreased from $86,000 to $57,000 decreasing 33.7% for the reporting period. $719,856 worth of Dolby Laboratories, Inc. The rating was maintained by Needham on Tuesday, November 1 with "Buy". Dougherty maintained Dolby Laboratories, Inc. (NYSE:DLB) on Wednesday, May 17. Piper Jaffray Companies reissued a "hold" rating and set a $52.00 price target (up from $49.00) on shares of Dolby Laboratories in a research note on Wednesday, September 13th. The rating was downgraded by JP Morgan to "Neutral" on Friday, April 8.

09/13/2017 - Dolby Laboratories had its "neutral" rating reiterated by analysts at Piper Jaffray. (NYSE:DLB) rating on Friday, August 18. The company was maintained on Thursday, April 28 by Dougherty & Company. The firm has "Buy" rating given on Thursday, December 8 by Deutsche Bank. The stock of Dolby Laboratories, Inc.

About 394,107 shares traded. Dolby Laboratories, Inc. (NYSE:DLB) has risen 14.35% since October 20, 2016 and is uptrending.

Wall Street await Dolby Laboratories, Inc. TIER's SI was 702,100 shares in October as released by FINRA. Analysts forecast EPS of $0.26, up exactly $0.03 or 13.04 % from 2014's $0.23 EPS. During the same period in the prior year, the firm posted $0.62 earnings per share. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.20 by $0.17.

Dolby Laboratories, Inc. designs and makes audio and imaging products for the cinema, television, broadcast and entertainment industries. The Company's products for cinema include Digital Cinema Servers and Cinema Audio Products, and broadcast and other include Dolby Conference Phone and Other Products. It has a 30.56 P/E ratio. It offers services to support theatrical and television production for cinema exhibition, broadcast and home entertainment, including equipment training and maintenance, mixing room alignment and equalization, as well as audio, color and light image calibration. On average, equities analysts expect that Dolby Laboratories Inc. will post $1.99 earnings per share for the current year.

Short traders are feeling a little more bullish lately as evidenced by the change in short interest.



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