Dolby Laboratories, Inc.
US ˙ NYSE ˙ US25659T1079

Introduction

This page provides a comprehensive analysis of the known insider trading history of Peter C Gotcher. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Peter C Gotcher has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:DLB / Dolby Laboratories, Inc. Director 40,733
US:GPRO / GoPro, Inc. Director 209,840
US:P / Pandora Media, Inc. Director 880,006
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Peter C Gotcher. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases DLB / Dolby Laboratories, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in DLB / Dolby Laboratories, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

DLB / Dolby Laboratories, Inc. Insider Trades
Insider Sales DLB / Dolby Laboratories, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in DLB / Dolby Laboratories, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2024-11-21 DLB GOTCHER PETER C 6,079 78.9647 6,079 78.9647 480,026 138 69.3600 -58,387 -12.16
2023-02-06 DLB GOTCHER PETER C 6,288 84.8768 6,288 84.8768 533,705
2020-11-16 DLB GOTCHER PETER C 8,004 87.4210 8,004 87.4210 699,718
2020-02-04 DLB GOTCHER PETER C 13,857 70.9352 13,857 70.9352 982,949
2019-02-05 DLB GOTCHER PETER C 3,920 65.0000 3,920 65.0000 254,800
2018-11-01 DLB GOTCHER PETER C 3,334 70.0000 3,334 70.0000 233,380
2018-02-28 DLB GOTCHER PETER C 18,544 64.5314 18,544 64.5314 1,196,670
2018-02-06 DLB GOTCHER PETER C 433 60.8900 433 60.8900 26,365
2018-02-06 DLB GOTCHER PETER C 4,700 62.2138 4,700 62.2138 292,405
2018-02-06 DLB GOTCHER PETER C 100 62.7900 100 62.7900 6,279
2017-10-18 DLB GOTCHER PETER C 9,310 60.0000 9,310 60.0000 558,600
2016-08-01 DLB GOTCHER PETER C 13,921 49.8871 13,921 49.8871 694,478
2016-08-01 DLB GOTCHER PETER C 14,663 49.8780 14,663 49.8780 731,361
2015-11-18 DLB GOTCHER PETER C 11,137 34.6840 11,137 34.6840 386,276
2013-05-28 DLB GOTCHER PETER C 4,002 35.0000 4,002 35.0000 140,070
2012-07-09 DLB GOTCHER PETER C 4,002 40.6600 4,002 40.6600 162,721
2012-05-10 DLB GOTCHER PETER C 4,002 43.6900 4,002 43.6900 174,847
2012-05-08 DLB GOTCHER PETER C 4,002 44.2200 4,002 44.2200 176,968

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

DLB / Dolby Laboratories, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Peter C Gotcher as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2025-02-06 2025-02-04 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 3,140 40,733 8.35
2024-11-22 2024-11-21 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -6,079 37,593 -13.92 78.96 -480,026 2,968,520
2024-06-06 2024-06-04 4 GPRO GoPro, Inc.
Class A Common Stock
A - Award 80,992 209,840 62.86
2024-02-08 2024-02-06 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 2,952 43,672 7.25
2023-06-08 2023-06-06 4 GPRO GoPro, Inc.
Class A Common Stock
A - Award 45,134 128,848 53.91
2023-02-08 2023-02-07 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 3,296 40,720 8.81
2023-02-08 2023-02-06 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -6,288 37,424 -14.39 84.88 -533,705 3,176,429
2022-06-09 2022-06-07 4 GPRO GoPro, Inc.
Class A Common Stock
A - Award 23,459 83,714 38.93
2022-02-09 2022-02-08 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 2,783 43,712 6.80
2021-06-03 2021-06-01 4 GPRO GoPro, Inc.
Class A Common Stock
A - Award 16,920 60,255 39.04
2021-05-26 2021-05-24 4 GPRO GoPro, Inc.
Class A Common Stock
S - Sale -30,172 111,792 -21.25 10.50 -316,782 1,173,727
2021-02-04 2021-02-21 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 2,661 40,929 6.95
2020-11-18 2020-11-16 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -8,004 38,268 -17.30 87.42 -699,718 3,345,427
2020-06-04 2020-06-02 4 GPRO GoPro, Inc.
Class A Common Stock
A - Award 57,780 57,780
2020-02-06 2020-02-04 4 DLB Dolby Laboratories, Inc.
Stock Option (right to buy)
M - Exercise -13,857 0 -100.00
2020-02-06 2020-02-04 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -13,857 46,272 -23.05 70.94 -982,949 3,282,314
2020-02-06 2020-02-04 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
M - Exercise 13,857 60,129 29.95 46.24 640,748 2,780,365
2020-02-06 2020-02-04 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 3,627 46,272 8.51
2019-06-06 2019-06-04 4 GPRO GoPro, Inc.
Class A Common Stock
A - Award 28,510 28,510
2019-02-06 2019-02-05 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -3,920 42,645 -8.42 65.00 -254,800 2,771,925
2019-02-06 2019-02-05 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 3,996 46,565 9.39
2018-11-01 2018-11-01 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -3,334 42,569 -7.26 70.00 -233,380 2,979,830
2018-08-23 2018-08-21 4 GPRO GoPro, Inc.
Class B Common Stock
C - Conversion -54,348 0 -100.00
2018-08-23 2018-08-21 4 GPRO GoPro, Inc.
Class B Common Stock
C - Conversion -1,630 0 -100.00
2018-08-23 2018-08-21 4 GPRO GoPro, Inc.
Class A Common Stock
C - Conversion 54,348 79,420 216.77
2018-08-23 2018-08-21 4 GPRO GoPro, Inc.
Class A Common Stock
C - Conversion 1,630 19,589 9.08
2018-06-06 2018-06-05 4 GPRO GoPro, Inc.
Non-Qualified Stock Option (right to buy)
A - Award 38,128 38,128
2018-06-06 2018-06-05 4 GPRO GoPro, Inc.
Class A Common Stock
A - Award 17,581 17,959 4,651.06
2018-03-01 2018-02-28 4 DLB Dolby Laboratories, Inc.
Stock Option (right to buy)
M - Exercise -18,544 0 -100.00
2018-03-01 2018-02-28 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -18,544 45,903 -28.77 64.53 -1,196,670 2,962,185
2018-03-01 2018-02-28 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
M - Exercise 18,544 64,447 40.40 47.69 884,363 3,073,477
2018-02-08 2018-02-06 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -100 45,903 -0.22 62.79 -6,279 2,882,249
2018-02-08 2018-02-06 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -4,700 46,103 -9.25 62.21 -292,405 2,868,243
2018-02-08 2018-02-06 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -433 50,703 -0.85 60.89 -26,365 3,087,306
2018-02-08 2018-02-06 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 3,920 51,136 8.30
2017-10-20 2017-10-18 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -9,310 47,216 -16.47 60.00 -558,600 2,832,960
2017-06-08 2017-06-06 4 GPRO GoPro, Inc.
Non-Qualified Stock Option (right to buy)
A - Award 31,336 31,336
2017-06-08 2017-06-06 4 GPRO GoPro, Inc.
Class A Common Stock
A - Award 14,449 14,827 3,822.49
2017-02-13 2016-12-08 5 P Pandora Media, Inc.
Common Stock
G - Gift -20,000 880,006 -2.22
2017-02-09 2017-02-07 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 5,233 56,526 10.20
2016-08-02 2016-08-01 4 DLB Dolby Laboratories, Inc.
Stock Option (right to buy)
M - Exercise -13,921 0 -100.00
2016-08-02 2016-08-01 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -14,663 51,293 -22.23 49.88 -731,361 2,558,392
2016-08-02 2016-08-01 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -13,921 65,956 -17.43 49.89 -694,478 3,290,354
2016-08-02 2016-08-01 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
M - Exercise 13,921 79,877 21.11 29.37 408,860 2,345,987
2016-06-08 2016-06-06 4 GPRO GoPro, Inc.
Non-Qualified Stock Option (right to buy)
A - Award 24,861 24,861
2016-06-08 2016-06-06 4 GPRO GoPro, Inc.
Class A Common Stock
A - Award 10,496 11,001 2,078.42
2016-06-03 2016-06-01 4 P Pandora Media, Inc.
Common Stock
A - Award 19,494 37,372 109.04
2016-02-04 2016-02-02 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 7,575 65,956 12.98
2015-11-19 2015-11-18 4 DLB Dolby Laboratories, Inc.
Stock Option (right to buy)
M - Exercise -11,137 0 -100.00
2015-11-19 2015-11-18 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -11,137 58,381 -16.02 34.68 -386,276 2,024,887
2015-11-19 2015-11-18 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
M - Exercise 11,137 69,518 19.08 18.05 201,023 1,254,800
2015-06-09 2015-06-08 4 GPRO GoPro, Inc.
Non-Qualified Stock Option (right to buy)
A - Award 6,049 6,049
2015-06-09 2015-06-08 4 GPRO GoPro, Inc.
Class A Common Stock
A - Award 505 505
2015-06-05 2015-06-04 4 P Pandora Media, Inc.
Common Stock
A - Award 10,882 17,878 155.55
2015-06-04 2015-06-02 4 GPRO GoPro, Inc.
Class B Common Stock
M - Exercise 408 1,630 33.39
2015-06-04 2015-06-02 4 GPRO GoPro, Inc.
Restricted Stock Unit
M - Exercise -408 0 -100.00
2015-03-04 2015-03-02 4 GPRO GoPro, Inc.
Class B Common Stock
M - Exercise 407 1,222 49.94
2015-03-04 2015-03-02 4 GPRO GoPro, Inc.
Restricted Stock Unit
M - Exercise -407 408 -49.94
2015-02-04 2015-02-03 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 7,759 58,381 15.33
2014-12-04 2014-12-02 4 GPRO GoPro, Inc.
Class B Common Stock
M - Exercise 408 815 100.25
2014-12-04 2014-12-02 4 GPRO GoPro, Inc.
Restricted Stock Unit
M - Exercise -408 815 -33.36
2014-09-04 2014-09-02 4 GPRO GoPro, Inc.
Class B Common Stock
M - Exercise 407 407
2014-09-04 2014-09-02 4 GPRO GoPro, Inc.
Restricted Stock Unit
M - Exercise -407 1,223 -24.97
2014-08-12 2014-08-11 4 P Pandora Media, Inc.
Common Stock
S - Sale X -47,757 6,996 -87.22 25.41 -1,213,716 177,799
2014-06-06 2014-06-04 4 P Pandora Media, Inc.
Common Stock
A - Award 6,996 26,996 34.98
2014-05-13 2014-05-12 4 P Pandora Media, Inc.
Common Stock
S - Sale X -45,000 20,000 -69.23 23.63 -1,063,408 472,626
2014-02-13 2013-12-18 5 P Pandora Media, Inc.
Common Stock
G - Gift -1,800 1,137,763 -0.16
2014-02-12 2014-02-10 4 P Pandora Media, Inc.
Common Stock
S - Sale -100,000 933,063 -9.68 34.01 -3,400,860 31,732,166
2014-02-12 2014-02-10 4 P Pandora Media, Inc.
Common Stock
S - Sale -45,000 65,000 -40.91 34.16 -1,537,006 2,220,120
2014-02-12 2014-01-03 4 P Pandora Media, Inc.
Common Stock
G - Gift 110,000 110,000
2014-02-12 2014-01-03 4 P Pandora Media, Inc.
Common Stock
G - Gift -110,000 1,033,063 -9.62
2014-02-12 2013-12-18 4 P Pandora Media, Inc.
Common Stock
G - Gift -3,500 1,137,763 -0.31
2014-02-06 2014-02-04 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 7,411 50,622 17.15
2013-09-12 2013-09-11 4 P Pandora Media, Inc.
Common Stock
S - Sale X -62,614 1,143,063 -5.19 21.18 -1,326,396 24,214,304
2013-06-26 2013-06-25 4 P Pandora Media, Inc.
Common Stock
S - Sale X -50,000 1,205,677 -3.98 16.06 -802,905 19,360,882
2013-06-14 2013-06-13 4 P Pandora Media, Inc.
Common Stock
S - Sale X -50,000 1,255,677 -3.83 14.84 -741,860 18,630,731
2013-06-07 2013-06-05 4 P Pandora Media, Inc.
Common Stock
A - Award 14,084 1,305,677 1.09
2013-05-29 2013-05-28 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -4,002 43,211 -8.48 35.00 -140,070 1,512,385
2013-03-13 2013-03-12 4 P Pandora Media, Inc.
Common Stock
S - Sale -100,000 1,291,593 -7.19 13.72 -1,372,000 17,720,656
2013-02-07 2013-02-05 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 9,310 47,213 24.56
2012-12-28 2012-12-24 4 P Pandora Media, Inc.
Common Stock
G - Gift -17,460 1,391,593 -1.24
2012-07-11 2012-07-09 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -4,002 37,903 -9.55 40.66 -162,721 1,541,136
2012-06-08 2012-06-06 4 P Pandora Media, Inc.
Common Stock
A - Award 13,673 1,409,053 0.98
2012-05-11 2012-05-10 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -4,002 41,905 -8.72 43.69 -174,847 1,830,829
2012-05-09 2012-05-08 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
S - Sale -4,002 45,907 -8.02 44.22 -176,968 2,030,008
2012-02-09 2012-02-07 4 DLB Dolby Laboratories, Inc.
Class A Common Stock
A - Award 7,900 49,909 18.81
2011-06-14 3 P Pandora Media, Inc.
Common Stock
600,000
2011-06-14 3 P Pandora Media, Inc.
Common Stock
50,000
2011-06-14 3 P Pandora Media, Inc.
Common Stock
50,000
2011-06-14 3 P Pandora Media, Inc.
Common Stock
50,000
2011-06-14 3 P Pandora Media, Inc.
Common Stock
50,000
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)