Dolby VP, CAO and controller Ryan Nicholson sells $77,223 in stock

Dolby Laboratories' Chief Operating Officer, Corporate Controller, and Vice President, Ryan Nicholson, sold $77,223 worth of company shares on August 25, 2026. He exchanged 1,183 shares of Dolby Laboratories Class A Common Stock at $65.2773 per share. Currently, the stock price is $62.41, indicating potential upside for long-term investors based on InvestingPro analysis.

According to the report, Dolby is included in their most undervalued stocks list. Following this stock sale, Nicholson directly owns 34,453 shares of Class A common stock, consisting of 19,303 shares of restricted stock units subject to forfeiture. Dolby's financials are impressive, boasting an 87.61% gross profit margin and a P/E ratio of 27.04.

The company has consistently increased its dividend for 12 years, with a current yield of 2.31%. Dolby Laboratories recently reported mixed results for its fiscal third-quarter 2026, exceeding earnings expectations but falling short of revenue projections. Despite this, analysts remain optimistic about Dolby's prospects, particularly driven by upcoming deals.