On November 21, 2024, Peter Gotcher, Director at Dolby Laboratories Inc (DLB, Financial), sold 6,079 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 37,593 shares of the company.
Dolby Laboratories Inc (DLB) is a company that specializes in audio noise reduction and audio encoding/compression. Dolby licenses its technologies to consumer electronics manufacturers and software developers, and it also provides products and services for the entertainment industry.
The insider transaction history for Dolby Laboratories Inc shows that there have been 1 insider buy and 9 insider sells over the past year. Over the same period, Peter Gotcher has sold 6,079 shares in total and purchased 0 shares.
On the day of the recent sale, shares of Dolby Laboratories Inc were trading at $78.96, giving the stock a market cap of $7.687 billion. The company's price-earnings ratio is 29.72, which is higher than the industry median of 17.83 but lower than the company’s historical median price-earnings ratio.
With a price of $78.96 and a GuruFocus Value of $82.92, Dolby Laboratories Inc has a price-to-GF-Value ratio of 0.95, indicating that the stock is fairly valued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
