Key Points
- CEO Bernhard Kohn III sold 18,502 shares at an average price of $1.83 for a total of $33,858.66, a sale disclosed in an SEC filing and made to cover tax withholding on vested equity awards.
- After the transaction the CEO still directly owns 6,245,045 shares (a 0.30% decline), valued at about $11.43 million.
- PLBY shares trade around $1.83 with a market cap of roughly $210 million, a negative P/E, a 52-week range of $0.93–$2.75, and a consensus analyst rating of Sell.
PLBY Group, Inc. (NASDAQ:PLBY - Get Free Report) General Counsel Christopher Riley sold 8,916 shares of PLBY Group stock in a transaction on Friday, April 24th. The stock was sold at an average price of $1.82, for a total transaction of $16,227.12. Following the sale, the general counsel directly owned 1,870,249 shares of the company's stock, valued at $3,403,853.18. This represents a 0.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
PLBY Group Price Performance
PLBY opened at $1.83 on Friday. The company has a fifty day moving average price of $1.77 and a two-hundred day moving average price of $1.73. The company has a debt-to-equity ratio of 9.40, a quick ratio of 0.82 and a current ratio of 1.03. PLBY Group, Inc. has a 52 week low of $0.93 and a 52 week high of $2.75. The firm has a market capitalization of $210.19 million, a PE ratio of -12.20 and a beta of 2.51.
PLBY Group (NASDAQ:PLBY - Get Free Report) last released its earnings results on Monday, March 16th. The company reported $0.03 EPS for the quarter, hitting analysts' consensus estimates of $0.03. The business had revenue of $34.91 million for the quarter, compared to analyst estimates of $33.52 million. As a group, analysts anticipate that PLBY Group, Inc. will post 0.09 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of PLBY Group in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of "Sell".
Check Out Our Latest Research Report on PLBY
Hedge Funds Weigh In On PLBY Group
A number of hedge funds and other institutional investors have recently made changes to their positions in PLBY. Jones Financial Companies Lllp boosted its position in shares of 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 purchasing an additional 32,263 shares in the last quarter. Jane Street Group LLC boosted its position in shares of PLBY Group by 15.4% during the first quarter. Jane Street Group LLC now owns 90,693 shares of the company's stock worth $100,000 after purchasing an additional 12,089 shares in the last quarter. XTX Topco Ltd boosted its position in shares of PLBY Group by 192.4% during the second quarter. XTX Topco Ltd now owns 124,310 shares of the company's stock worth $201,000 after purchasing an additional 81,792 shares in the last quarter. Boothbay Fund Management LLC bought a new position in shares of PLBY Group during the second quarter worth $41,000. Finally, Engineers Gate Manager LP boosted its position in shares of PLBY Group by 57.8% during the second quarter. Engineers Gate Manager LP now owns 22,895 shares of the company's stock worth $37,000 after purchasing an additional 8,390 shares in the last quarter. 32.46% of the stock is owned by institutional investors.
About PLBY Group
(
Get Free Report)
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.
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