Shares of Dolby Laboratories (DLB) Sees Large Inflow of Net Money Flow

Dolby Laboratories (DLB): $0.91 million was the positive money flow into the stock on Tuesday and the up/down ratio of ticks was also in favor of the bulls at 1.33. The value of trades done on upticks was $3.66 million, whereas, trades done on downticks were valued at $2.75 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.1 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.1 million. Dolby Laboratories (DLB) fell $0.27 traded at $49.08, a change of -0.55% over the previous day. The stock is 0.51% for the week.


The company Insiders own 45.16% of Dolby Laboratories shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.84% . Institutional Investors own 49.99% of Dolby Laboratories shares. During last six month period, the net percent change held by insiders has seen a change of -2.84%. In an insider trading activity, The Securities and Exchange Commission has divulged that Bergeron Michael, officer (SVP, WW Sales and Field Oper.) of Dolby Laboratories, Inc., had unloaded 50,000 shares at an average price of $45.02 in a transaction dated on May 17, 2016. The total value of the transaction was worth $2,251,000.

Shares of Dolby Laboratories, Inc. rose by 4.08% in the last five trading days and 2.55% for the last 4 weeks. Dolby Laboratories, Inc. is up 15.8% in the last 3-month period. Year-to-Date the stock performance stands at 46.38%.

Dolby Laboratories (NYSE:DLB): On Tuesdays trading session , Opening price of the stock was $49.39 with an intraday high of $49.85. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $48.95. However, the stock managed to close at $48.97, a loss of 0.77% for the day. On the previous day, the stock had closed at $49.35. The total traded volume of the day was 410,740 shares.

Dolby Laboratories, Inc. (Dolby Laboratories) creates audio, imaging, and communication technologies that transform entertainment and communications at the cinema, at home, at work and on mobile devices. The Company licenses its audio technologies, and also develops technologies aimed at enhancing voice conferencing communications and imaging. Additionally, the Company provides products and services that enable entertainment content creators and distributors to produce, encode, transmit, and playback content for consumer experiences. The Company designs and manufactures audio and imaging products for the film production, cinema, and television broadcast industries. Distributed in approximately 80 countries, these products are used in content creation, distribution, and playback to enhance image and sound quality, and improve transmission and playback.

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