Key Points
- Insider sales: PLBY General Counsel Christopher Riley sold 90,674 shares on May 4 at $1.75 to cover tax withholding from vested awards, and also sold 90,896 shares on May 5 and 8,916 shares on April 24, totaling 190,486 shares for about $336,702 in recent transactions.
- PLBY stock trades around $1.74–$1.77 with a 12-month range of $1.03–$2.75 and a market capitalization of $204.36 million; the company shows a negative P/E (-11.8) and a high debt-to-equity ratio (9.40), signaling weak profitability and elevated leverage.
- Institutional investors hold 32.46% of PLBY, with significant stake increases from funds like Fortress Investment Group (up 183.6% to 16.59 million shares) and CRCM LP, indicating notable hedge fund accumulation despite insider selling.
PLBY Group, Inc. (NASDAQ:PLBY - Get Free Report) General Counsel Christopher Riley sold 90,674 shares of PLBY Group stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $1.75, for a total value of $158,679.50. Following the completion of the sale, the general counsel owned 1,779,575 shares of the company's stock, valued at $3,114,256.25. The trade was a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Christopher Riley also recently made the following trade(s):
- On Tuesday, May 5th, Christopher Riley sold 90,896 shares of PLBY Group stock. The stock was sold at an average price of $1.78, for a total transaction of $161,794.88.
- On Friday, April 24th, Christopher Riley sold 8,916 shares of PLBY Group stock. The stock was sold at an average price of $1.82, for a total transaction of $16,227.12.
PLBY Group Stock Performance
Shares of NASDAQ PLBY opened at $1.77 on Wednesday. PLBY Group, Inc. has a 12-month low of $1.03 and a 12-month high of $2.75. The firm has a market capitalization of $204.36 million, a price-to-earnings ratio of -11.80 and a beta of 1.91. The company has a current ratio of 1.03, a quick ratio of 0.82 and a debt-to-equity ratio of 9.40. The firm has a 50 day moving average of $1.74 and a 200 day moving average of $1.75.
PLBY Group (NASDAQ:PLBY - Get Free Report) last released its quarterly earnings results on Monday, March 16th. The company reported $0.03 earnings per share for the quarter, hitting the consensus estimate of $0.03. The business had revenue of $34.91 million during the quarter, compared to the consensus estimate of $33.52 million. On average, research analysts anticipate that PLBY Group, Inc. will post 0.09 earnings per share for the current year.
Institutional Trading of PLBY Group
Several hedge funds have recently bought and sold shares of PLBY. Fortress Investment Group LLC grew its holdings in PLBY Group by 183.6% during the third quarter. Fortress Investment Group LLC now owns 16,589,531 shares of the company's stock valued at $24,387,000 after purchasing an additional 10,740,578 shares during the period. Crcm LP raised its stake in shares of PLBY Group by 154.2% in the fourth quarter. Crcm LP now owns 3,689,452 shares of the company's stock worth $6,936,000 after buying an additional 2,238,296 shares during the period. Bbfit Investments PTE Ltd. purchased a new position in shares of PLBY Group during the 4th quarter valued at about $2,297,000. Marshall Wace LLP bought a new position in shares of PLBY Group during the 4th quarter valued at approximately $1,169,000. Finally, 683 Capital Management LLC bought a new position in shares of PLBY Group during the 4th quarter valued at approximately $492,000. Institutional investors own 32.46% of the company's stock.
PLBY Group Company Profile
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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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