PLBY Group (NASDAQ:PLBY) Director Sells $30,446.02 in Stock

PLBY Group, Inc. (NASDAQ:PLBY) Director Tracey Edmonds sold 25,162 shares of PLBY Group stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $1.21, for a total transaction of $30,446.02. Following the completion of the transaction, the director directly owned 254,364 shares of the company’s stock, valued at $307,780.44. The trade was a 9.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

PLBY Group Stock Performance

Shares of NASDAQ:PLBY opened at $1.32 on Friday. PLBY Group, Inc. has a 52 week low of $1.19 and a 52 week high of $2.75. The stock has a market capitalization of $153.08 million, a P/E ratio of -16.50 and a beta of 1.91. The firm has a fifty day simple moving average of $1.62 and a two-hundred day simple moving average of $1.76. The company has a quick ratio of 0.80, a current ratio of 1.00 and a debt-to-equity ratio of 4.59.

PLBY Group (NASDAQ:PLBY) last issued its quarterly earnings data on Monday, May 11th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.04). PLBY Group had a positive return on equity of 21.89% and a negative net margin of 6.21%.The business had revenue of $30.24 million during the quarter, compared to analysts’ expectations of $30.72 million. On average, analysts expect that PLBY Group, Inc. will post 0.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Zacks Research cut shares of PLBY Group from a “hold” rating to a “strong sell” rating in a research note on Monday, May 11th. Two research analysts have rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Institutional Investors Weigh In On PLBY Group

Institutional investors have recently made changes to their positions in the company. CTC Alternative Strategies Ltd. bought a new stake in shares of PLBY Group in the 1st quarter worth about $27,000. Jones Financial Companies Lllp lifted its holdings in shares of PLBY Group by 7,468.3% in the 1st quarter. Jones Financial Companies Lllp now owns 32,695 shares of the company’s stock worth $36,000 after acquiring an additional 32,263 shares during the last quarter. Engineers Gate Manager LP lifted its holdings in shares of PLBY Group by 57.8% in the 2nd quarter. Engineers Gate Manager LP now owns 22,895 shares of the company’s stock worth $37,000 after acquiring an additional 8,390 shares during the last quarter. Bogart Wealth LLC lifted its holdings in shares of PLBY Group by 66.7% in the 1st quarter. Bogart Wealth LLC now owns 25,000 shares of the company’s stock worth $38,000 after acquiring an additional 10,000 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of PLBY Group by 136.5% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 25,366 shares of the company’s stock worth $39,000 after acquiring an additional 14,641 shares during the last quarter. Institutional investors own 32.46% of the company’s stock.

PLBY Group Company Profile

PLBY Group, Inc is a global media and lifestyle company best known for its iconic Playboy brand. The company operates across multiple business segments, including consumer products, licensing, subscription commerce, sexual wellness and digital offerings. Through its diversified portfolio, PLBY Group brings its signature aesthetic and brand heritage to categories such as apparel, accessories, gaming, beverages, home goods and intimate lifestyle products.

In the consumer products segment, PLBY Group designs and markets a range of branded goods under licensing agreements with major retailers and distributors worldwide.