Key Points
- Director Tracey Edmonds sold 18,198 shares of PLBY Group stock on May 26 for about $24,203, trimming her holdings by 8.28% to 201,462 shares.
- PLBY Group shares were trading at $1.33, near their 52-week low of $1.19 and well below the 52-week high of $2.75, with the stock showing a market cap of about $154.24 million.
- The company recently missed earnings estimates, posting a loss of $0.03 per share versus expectations for a small profit, and Wall Street sentiment remains weak with a consensus “Sell” rating.
PLBY Group, Inc. (NASDAQ:PLBY - Get Free Report) Director Tracey Edmonds sold 8,193 shares of the company's stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $1.33, for a total value of $10,896.69. Following the sale, the director owned 193,269 shares in the company, valued at approximately $257,047.77. This trade represents a 4.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
PLBY Group Price Performance
Shares of NASDAQ PLBY opened at $1.33 on Thursday. The stock's 50-day moving average is $1.60 and its two-hundred day moving average is $1.76. The company has a debt-to-equity ratio of 4.59, a current ratio of 1.00 and a quick ratio of 0.80. PLBY Group, Inc. has a 1-year low of $1.19 and a 1-year high of $2.75. The company has a market cap of $154.24 million, a price-to-earnings ratio of -16.63 and a beta of 1.91.
PLBY Group (NASDAQ:PLBY - Get Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.04). PLBY Group had a negative net margin of 6.21% and a positive return on equity of 21.89%. The business had revenue of $30.24 million during the quarter, compared to analysts' expectations of $30.72 million. Analysts forecast that PLBY Group, Inc. will post 0.02 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded PLBY Group from a "hold" rating to a "strong sell" rating in a report on Monday, May 11th. Two analysts have rated the stock with a Sell rating, According to data from MarketBeat, PLBY Group has an average rating of "Sell".
Get Our Latest Stock Analysis on PLBY
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. CTC Alternative Strategies Ltd. purchased a new position in PLBY Group during the 1st quarter worth approximately $27,000. Jones Financial Companies Lllp grew its stake in PLBY Group by 7,468.3% during the 1st quarter. Jones Financial Companies Lllp now owns 32,695 shares of the company's stock worth $36,000 after buying an additional 32,263 shares during the last quarter. Engineers Gate Manager LP grew its stake in PLBY Group by 57.8% during the 2nd quarter. Engineers Gate Manager LP now owns 22,895 shares of the company's stock worth $37,000 after buying an additional 8,390 shares during the last quarter. Bogart Wealth LLC grew its stake in PLBY Group by 66.7% during the 1st quarter. Bogart Wealth LLC now owns 25,000 shares of the company's stock worth $38,000 after buying an additional 10,000 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its stake in PLBY Group by 136.5% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 25,366 shares of the company's stock worth $39,000 after buying an additional 14,641 shares during the last quarter. Hedge funds and other institutional investors own 32.46% of the company's stock.
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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