Sfmg LLC Sells 133,000 Shares of PLBY Group, Inc. (NASDAQ:PLBY)

Sfmg LLC decreased its position in shares of PLBY Group, Inc. (NASDAQ:PLBY) by 26.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 367,000 shares of the company’s stock after selling 133,000 shares during the period. Sfmg LLC’s holdings in PLBY Group were worth $536,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of PLBY. J2 Capital Management Inc bought a new position in PLBY Group during the fourth quarter valued at $43,000. Virtu Financial LLC bought a new position in PLBY Group during the fourth quarter valued at $72,000. Finally, Crcm LP bought a new position in shares of PLBY Group in the fourth quarter worth about $4,489,000. Institutional investors own 32.46% of the company’s stock.

Analysts Set New Price Targets

PLBY has been the topic of a number of research analyst reports. Roth Capital upgraded shares of PLBY Group to a “strong-buy” rating in a report on Friday, January 31st. Roth Mkm initiated coverage on shares of PLBY Group in a report on Friday, January 31st. They issued a “buy” rating and a $3.00 price target on the stock.

PLBY Group Trading Up 3.4 %

NASDAQ PLBY opened at $1.20 on Friday. The company’s 50-day moving average price is $1.65 and its 200-day moving average price is $1.28. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 12.49. The stock has a market cap of $112.50 million, a PE ratio of -1.25 and a beta of 2.32. PLBY Group, Inc. has a 12 month low of $0.52 and a 12 month high of $2.44.

PLBY Group (NASDAQ:PLBY) last released its quarterly earnings data on Thursday, March 13th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.04). PLBY Group had a negative return on equity of 406.14% and a negative net margin of 66.97%. The business had revenue of $33.49 million during the quarter, compared to analysts’ expectations of $13.40 million. Equities research analysts forecast that PLBY Group, Inc. will post -1.01 earnings per share for the current year.

PLBY Group Company 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.