Renaissance Technologies LLC Grows Stock Position in PLBY Group, Inc. (NASDAQ:PLBY)

Renaissance Technologies LLC lifted its holdings in PLBY Group, Inc. (NASDAQ:PLBY - Free Report) by 2,004.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 265,126 shares of the company's stock after purchasing an additional 252,526 shares during the period. Renaissance Technologies LLC owned about 0.28% of PLBY Group worth $387,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Crcm LP purchased a new stake in shares of PLBY Group in the 4th quarter worth $4,489,000. Geode Capital Management LLC increased its position in PLBY Group by 29.8% in the fourth quarter. Geode Capital Management LLC now owns 719,299 shares of the company's stock worth $1,050,000 after purchasing an additional 165,092 shares during the last quarter. Headlands Technologies LLC bought a new position in PLBY Group during the fourth quarter valued at $114,000. Virtu Financial LLC purchased a new position in PLBY Group in the fourth quarter worth about $72,000. Finally, J2 Capital Management Inc bought a new stake in PLBY Group in the fourth quarter worth $43,000. Hedge funds and other institutional investors own 32.46% of the company's stock.

PLBY Group Stock Down 1.8 %

Shares of PLBY Group stock traded down $0.02 during trading on Friday, reaching $1.11. The company's stock had a trading volume of 158,083 shares, compared to its average volume of 1,115,982. The company has a 50-day simple moving average of $1.09 and a two-hundred day simple moving average of $1.36. The company has a market cap of $104.27 million, a price-to-earnings ratio of -1.16 and a beta of 2.39. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 12.49. 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 posted its earnings results on Thursday, March 13th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.04). PLBY Group had a negative net margin of 66.97% and a negative return on equity of 406.14%. The business had revenue of $33.49 million for the quarter, compared to analyst estimates of $13.40 million. As a group, equities analysts forecast that PLBY Group, Inc. will post -1.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on PLBY shares. Roth Mkm began coverage on shares of PLBY Group in a research note on Friday, January 31st. They set a "buy" rating and a $3.00 target price for the company. Roth Capital upgraded shares of PLBY Group to a "strong-buy" rating in a research note on Friday, January 31st.

PLBY Group Profile

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.