PLBY Group, Inc. (NASDAQ:PLBY) CEO Sells $39,182.00 in Stock

PLBY Group, Inc. (NASDAQ:PLBY - Get Free Report) CEO Bernhard L. Kohn III sold 27,400 shares of PLBY Group stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $1.43, for a total value of $39,182.00. Following the sale, the chief executive officer now directly owns 4,346,015 shares of the company's stock, valued at $6,214,801.45. This represents a 0.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

PLBY Group Price Performance

Shares of NASDAQ PLBY traded down $0.02 during mid-day trading on Monday, reaching $1.56. The company had a trading volume of 594,122 shares, compared to its average volume of 659,628. The firm has a market cap of $146.55 million, a price-to-earnings ratio of -1.62 and a beta of 2.39. The business's 50-day simple moving average is $1.15 and its 200 day simple moving average is $1.41. PLBY Group, Inc. has a one year low of $0.52 and a one year high of $2.44. The company has a debt-to-equity ratio of 12.49, a quick ratio of 1.44 and a current ratio of 1.44.

PLBY Group (NASDAQ:PLBY - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported ($0.10) EPS for the quarter, meeting the consensus estimate of ($0.10). The company had revenue of $28.88 million during the quarter, compared to analysts' expectations of $26.70 million. PLBY Group had a negative net margin of 66.97% and a negative return on equity of 406.14%. On average, research analysts predict that PLBY Group, Inc. will post -1.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of PLBY Group from a "sell" rating to a "hold" rating in a research report on Friday.

Institutional Investors Weigh In On PLBY Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Balyasny Asset Management L.P. bought a new stake in shares of PLBY Group during the 4th quarter worth $26,000. Tower Research Capital LLC TRC bought a new position in shares of PLBY Group in the fourth quarter worth about $41,000. Jones Financial Companies Lllp boosted its stake 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 valued at $36,000 after purchasing an additional 32,263 shares in the last quarter. Squarepoint Ops LLC bought a new stake in shares of PLBY Group during the 4th quarter valued at approximately $50,000. Finally, BNP Paribas Financial Markets acquired a new position in PLBY Group during the 4th quarter worth approximately $58,000. 32.46% of the stock is currently owned by institutional investors.

About PLBY Group

PLBY Group, Inc operates as a pleasure and leisure company in the United States, Australia, China, the United Kingdom, and internationally. It operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. The company offers sexual wellness products, such as lingerie, bedroom accessories, intimacy products, and other adult products; style and apparel products for men and women; digital entertainment and lifestyle products; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.