B. Riley Ups Dolby Laboratories (DLB) To Buy; Netgear (NTGR) Shorts Decreased By 3.13%

July 17, 2017 - By Richard Conner

Among 4 analysts covering Dolby Laboratories (NYSE:DLB), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Dolby Laboratories has $54 highest and $38 lowest target. $46.25’s average target is -11.40% below currents $52.2 stock price. Dolby Laboratories had 5 analyst reports since October 22, 2015 according to SRatingsIntel. The rating was maintained by B. Riley & Co with “Neutral” on Thursday, October 22. Dougherty & Company upgraded it to “Buy” rating and $38 target in Thursday, January 28 report. JP Morgan downgraded it to “Neutral” rating and $42 target in Friday, April 8 report. Piper Jaffray maintained the stock with “Hold” rating in Friday, July 14 report. The stock has “Buy” rating by Dougherty & Company on Thursday, April 28.

Netgear Incorporated (NASDAQ:NTGR) had a decrease of 3.13% in short interest. NTGR’s SI was 2.40 million shares in July as released by FINRA. Its down 3.13% from 2.48M shares previously. With 506,500 avg volume, 5 days are for Netgear Incorporated (NASDAQ:NTGR)’s short sellers to cover NTGR’s short positions. The SI to Netgear Incorporated’s float is 7.41%. The stock decreased 0.57% or $0.25 on July 14, reaching $43.75. About shares traded. NetGear, Inc. (NASDAQ:NTGR) has risen 2.67% since July 17, 2016 and is uptrending. It has underperformed by 14.03% the S&P500.

About 649 shares traded. Dolby Laboratories, Inc. (NYSE:DLB) has risen 14.35% since July 17, 2016 and is uptrending. It has underperformed by 2.35% the S&P500.

Since January 30, 2017, it had 0 buys, and 13 selling transactions for $5.12 million activity. YEAMAN KEVIN J had sold 10,000 shares worth $478,768 on Wednesday, February 1. 2,000 shares were sold by DONATIELLO NICHOLAS JR, worth $103,500 on Monday, May 8. The insider SHERMAN MARK ANDREW sold 6,000 shares worth $300,000. Shares for $599,350 were sold by Borchers Bob. CHEW LEWIS sold 14,300 shares worth $719,856. The insider TEVANIAN AVADIS sold 3,788 shares worth $181,776. $363,528 worth of stock was sold by JASPER N WILLIAM JR on Friday, February 3.

Analysts await Dolby Laboratories, Inc. (NYSE:DLB) to report earnings on July, 25 after the close. They expect $0.65 earnings per share, 0.00% or $0.00 from last year’s $0.65 per share. DLB’s profit will be $65.37 million for 20.08 P/E if the $0.65 EPS becomes a reality. After $0.47 actual earnings per share reported by Dolby Laboratories, Inc. for the previous quarter, Wall Street now forecasts 38.30% EPS growth.

Dolby Laboratories, Inc. designs and makes audio and imaging products for the cinema, television, broadcast and entertainment industries. The company has market cap of $5.25 billion. The Company’s products for cinema include Digital Cinema Servers and Cinema Audio Products, and broadcast and other include Dolby Conference Phone and Other Products. It has a 27.74 P/E ratio. It offers services to support theatrical and television production for cinema exhibition, broadcast and home entertainment, including equipment training and maintenance, mixing room alignment and equalization, as well as audio, color and light image calibration.

Investors sentiment increased to 1.46 in 2016 Q4. Its up 0.33, from 1.13 in 2016Q3. It improved, as 28 investors sold Dolby Laboratories, Inc. shares while 68 reduced holdings. 54 funds opened positions while 86 raised stakes. 50.18 million shares or 2.59% less from 51.52 million shares in 2016Q3 were reported. Utah Retirement Systems has 9,242 shares. 168,588 were accumulated by Teachers Retirement Of The State Of Kentucky. Qs Investors Ltd Limited Liability Company has 0% invested in Dolby Laboratories, Inc. (NYSE:DLB) for 9 shares. Dimensional Fund Advsrs L P has 502,771 shares. Old Mutual Global (Uk) Limited reported 6,582 shares. 107 are owned by Acadian Asset Management Limited. State Street holds 0% in Dolby Laboratories, Inc. (NYSE:DLB) or 627,268 shares. Quantitative Investment Management Lc holds 0.08% or 68,600 shares. Parametric Portfolio Associate Ltd Liability Com holds 0.01% or 132,001 shares in its portfolio. Deutsche Fincl Bank Ag has 0.03% invested in Dolby Laboratories, Inc. (NYSE:DLB) for 690,513 shares. Virginia Retirement Et Al reported 7,800 shares stake. Raymond James And Associates holds 0.03% or 244,759 shares in its portfolio. 15,000 are owned by Towerview Limited Liability Com. Denali Advisors Ltd holds 0.3% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB) for 38,100 shares. Gsa Capital Partners Llp stated it has 0.05% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB).

Since January 18, 2017, it had 0 buys, and 40 insider sales for $5.06 million activity. FALCON MICHAEL F also sold $51,631 worth of NetGear, Inc. (NASDAQ:NTGR) on Friday, March 31. 5,000 NetGear, Inc. (NASDAQ:NTGR) shares with value of $257,750 were sold by Collins Patrick J III. LO PATRICK CS sold $482,646 worth of stock. The insider MERRILL MARK G sold 3,000 shares worth $163,200. 2,000 shares valued at $86,500 were sold by WAECHTER THOMAS H on Monday, June 5. On Friday, March 31 WERDANN MICHAEL A sold $39,722 worth of NetGear, Inc. (NASDAQ:NTGR) or 819 shares. On Friday, February 17 the insider Kim Andrew Wonki sold $110,682.

Investors sentiment decreased to 0.95 in Q4 2016. Its down 0.50, from 1.45 in 2016Q3. It worsened, as 21 investors sold NetGear, Inc. shares while 80 reduced holdings. 34 funds opened positions while 62 raised stakes. 31.20 million shares or 1.10% less from 31.55 million shares in 2016Q3 were reported. Jennison Assocs Ltd stated it has 0% in NetGear, Inc. (NASDAQ:NTGR). Blackrock Fund reported 0.03% in NetGear, Inc. (NASDAQ:NTGR). Dimensional Fund Advsrs Lp owns 2.68 million shares. Us National Bank De reported 0% in NetGear, Inc. (NASDAQ:NTGR). Grantham Mayo Van Otterloo & Comm Limited Liability Co reported 0.01% of its portfolio in NetGear, Inc. (NASDAQ:NTGR). Qs Invsts Lc holds 80,606 shares. Credit Suisse Ag owns 59,713 shares for 0% of their portfolio. Oxford Asset Mngmt has 38,127 shares for 0.1% of their portfolio. Meeder Asset Mgmt accumulated 0% or 368 shares. Point72 Asia (Hong Kong) Limited owns 230 shares. Sector Pension Inv Board invested in 23,534 shares or 0.01% of the stock. Dekabank Deutsche Girozentrale has invested 0% in NetGear, Inc. (NASDAQ:NTGR). 10,990 are owned by Price T Rowe Associates Md. Gagnon Securities Limited Liability Com has 23,979 shares. Deutsche Financial Bank Ag invested 0.01% of its portfolio in NetGear, Inc. (NASDAQ:NTGR).

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