PLBY Group, Inc. (NASDAQ:PLBY) General Counsel Sells $13,713.70 in Stock

PLBY Group, Inc. (NASDAQ:PLBY - Get Free Report) General Counsel Christopher Riley sold 9,590 shares of the business's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $1.43, for a total value of $13,713.70. Following the transaction, the general counsel now owns 1,269,638 shares in the company, valued at approximately $1,815,582.34. This represents a 0.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

PLBY Group Stock Performance

Shares of PLBY Group stock remained flat at $1.56 during trading on Friday. 337,663 shares of the stock were exchanged, compared to its average volume of 1,140,007. The firm has a market capitalization of $146.55 million, a P/E ratio of -1.62 and a beta of 2.39. The firm's fifty day simple moving average is $1.15 and its two-hundred day simple moving average is $1.40. 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, Inc. has a 1-year low of $0.52 and a 1-year high of $2.44.

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

Institutional Investors Weigh In On PLBY Group

Several institutional investors and hedge funds have recently made changes to their positions in PLBY. Virtu Financial LLC acquired a new position in PLBY Group in the fourth quarter worth $72,000. Geode Capital Management LLC boosted its holdings in shares of PLBY Group by 29.8% in the 4th quarter. Geode Capital Management LLC now owns 719,299 shares of the company's stock valued at $1,050,000 after buying an additional 165,092 shares during the period. Renaissance Technologies LLC grew its position in shares of PLBY Group by 2,004.2% during the 4th quarter. Renaissance Technologies LLC now owns 265,126 shares of the company's stock valued at $387,000 after buying an additional 252,526 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in PLBY Group during the fourth quarter worth about $41,000. Finally, Balyasny Asset Management L.P. acquired a new stake in PLBY Group during the fourth quarter worth about $26,000. 32.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

PLBY has been the topic of a number of recent research reports. Roth Mkm initiated coverage on PLBY Group in a research note on Friday, January 31st. They set a "buy" rating and a $3.00 price objective on the stock. Roth Capital raised PLBY Group to a "strong-buy" rating in a report on Friday, January 31st. Finally, Wall Street Zen upgraded PLBY Group from a "sell" rating to a "hold" rating in a report on Friday.

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.