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 PLBY Group 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 completion of the sale, the general counsel now owns 1,269,638 shares in the company, valued at approximately $1,815,582.34. The trade was a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

PLBY Group Price Performance

PLBY traded down $0.02 on Monday, reaching $1.56. 594,122 shares of the company's stock were exchanged, compared to its average volume of 659,628. PLBY Group, Inc. has a twelve month low of $0.52 and a twelve month high of $2.44. The stock has a market cap of $146.55 million, a PE ratio of -1.62 and a beta of 2.39. The company has a debt-to-equity ratio of 12.49, a current ratio of 1.44 and a quick ratio of 1.44. The stock's fifty day moving average price is $1.15 and its 200-day moving average price is $1.41.

PLBY Group (NASDAQ:PLBY - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.10) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.10). PLBY Group had a negative return on equity of 406.14% and a negative net margin of 66.97%. The company had revenue of $28.88 million for the quarter, compared to analyst estimates of $26.70 million. Sell-side analysts expect that PLBY Group, Inc. will post -1.01 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On PLBY Group

Several institutional investors and hedge funds have recently bought and sold shares of the company. Balyasny Asset Management L.P. purchased a new stake in shares of PLBY Group during the 4th quarter valued at approximately $26,000. Jones Financial Companies Lllp increased its stake in PLBY Group by 7,468.3% during the first 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. Tower Research Capital LLC TRC purchased a new stake in PLBY Group in the fourth quarter valued at $41,000. XTX Topco Ltd lifted its stake in shares of PLBY Group by 202.3% in the 1st quarter. XTX Topco Ltd now owns 42,518 shares of the company's stock valued at $47,000 after purchasing an additional 28,453 shares during the last quarter. Finally, Squarepoint Ops LLC purchased a new position in shares of PLBY Group during the 4th quarter worth $50,000. 32.46% of the stock is currently owned by institutional investors and hedge funds.

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.