Money Concepts Capital Corp Reduces Stock Holdings in PLBY Group, Inc. (NASDAQ:PLBY)

Money Concepts Capital Corp reduced its stake in shares of PLBY Group, Inc. (NASDAQ:PLBY) by 13.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 66,514 shares of the company’s stock after selling 9,970 shares during the quarter. Money Concepts Capital Corp owned 0.07% of PLBY Group worth $97,000 as of its most recent filing with the SEC.

Separately, J2 Capital Management Inc purchased a new stake in shares of PLBY Group during the 4th quarter valued at about $43,000. Institutional investors and hedge funds own 32.46% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on PLBY. Roth Capital upgraded PLBY Group to a “strong-buy” rating in a report on Friday, January 31st. Roth Mkm began coverage on PLBY Group in a report on Friday, January 31st. They set a “buy” rating and a $3.00 price objective on the stock.

PLBY Group Price Performance

PLBY stock opened at $2.00 on Friday. 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 52-week low of $0.52 and a 52-week high of $2.44. The stock’s 50 day moving average is $1.63 and its two-hundred day moving average is $1.09. The company has a market capitalization of $179.90 million, a PE ratio of -2.08 and a beta of 2.28.

PLBY Group (NASDAQ:PLBY) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.32). The business had revenue of $12.86 million for the quarter. PLBY Group had a negative return on equity of 406.14% and a negative net margin of 66.97%.

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.