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Insider Trends: Insider Disposition Eases Back 90-Day Buy Trend at Dolby Laboratories

· 02/04/2021 13:50

06:45 PM EST, 02/04/2021 (MT Newswires) -- On Feb 02, 2021, N William Jasper Jr, Director, executed a sale of 3,627 shares in Dolby Laboratories (DLB) for $327,643. Jasper, after the transactions defined in the SEC Form 4 filing, has indirect ownership of 7,000 company shares, with a market value, based on the prior-day closing price, of $638,260.

Over the last 90 days, previous to the date of this filing, there have been 47 insider transactions reported to the SEC for Dolby Laboratories. These transactions came from the activities of 10 separate insiders that resulted in a net acquisition of 24,562 company shares. In the preceding 90-day window of time, there were 22 transactions from 5 insiders and resulted in the net disposition of 506 shares.

This is higher than the average level of insider transactions for the 33-company Entertainment Production peer group over the last 90-day period. Peer group activity averaged 23.3 transactions per company, and disposition by insiders of 8,450 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1308547/000120919121007878/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.