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.