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EdgarHawk

Famadas Nelson

Director

Director
2 filings analyzed · 1 company · Latest 2024-09-27

Companies

Company Buys Sells Direction
Dolphin Entertainment, Inc. DLPN 2 0 Net buying

Activity

September 2024
high
Buy
1,290 shares
$800
Significance 6/10

Director Famadas Nelson buys 1,290 shares of DLPN at $0.62; holdings rise 47.3% to 4,018 shares amid -68.3% decline from 52-week high.

Famadas Nelson, a director of Dolphin Entertainment, purchased 1,290 shares at $0.62 on 2024-09-26, increasing his holdings by 47.3% from 2,728 to 4,018 shares. The purchase occurs while the stock trades at $1.30, down 68.3% from its 52-week high of $4.10 and 31.0% lower over the past 90 days. Nelson's cross-ticker track record shows 2 prior buys with a 100% 90-day win rate and avg 90d return of +62.7%; at DLPN specifically, his prior two purchases (2024-08-21 and 2023-05-18) both delivered strong 30-day gains of +94.8% and +98.1% respectively, with the 2023 trade reaching +62.7% at 90 days. However, the company remains unprofitable with a net income of $-1,624,458.00 and modest revenue of $11,449,089.00 with annual growth of only 6.5%, limiting upside visibility despite the insider's historical timing success at this ticker.

August 2024
high
Buy
1,194 shares
$812
Significance 6/10

Director Famadas Nelson buys 1,194 shares of DLPN at $0.68; holds 2,728 shares post-transaction, +77.8% increase in position.

Famadas Nelson, a director of Dolphin Entertainment, purchased 1,194 shares at $0.68 on 2024-08-21, expanding his holdings by 77.8% to 2,728 shares total. This represents a substantial position increase for a director during a period when the stock has declined 64.9% from its 52-week high of $4.10 and dropped 16.3% over the past 30 days. The company is trading at $1.44 currently, well below Nelson's prior transaction at this ticker (2023-05-18 buy) which achieved 90-day returns of +62.7%. Notably, the company remains unprofitable with net income of $-1.6M on quarterly revenue of $11.4M, providing context for the depressed valuation at which this purchase occurred.

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