Dolby Laboratories, headquartered in San Francisco, provides audio and imaging technologies, employing 2,246 staff. Founded in 2005, it enhances content quality through products like Dolby Atmos and digital cinema servers.
Todd Pendleton sold 18,121 shares of DLB on 19 February at $83.75 per share, worth a total of $1.5M. They now own 37,290 DLB shares, or a 33% holding decrease.
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