PLBY Group (NASDAQ:PLBY) Director Sells $30,446.02 in Stock

PLBY Group, Inc. (NASDAQ:PLBY) Director Tracey Edmonds sold 25,162 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $1.21, for a total value of $30,446.02. Following the transaction, the director owned 254,364 shares of the company’s stock, valued at $307,780.44. This represents a 9.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

PLBY Group Price Performance

Shares of NASDAQ:PLBY traded up $0.02 during midday trading on Thursday, reaching $1.29. The company’s stock had a trading volume of 479,889 shares, compared to its average volume of 1,068,151. PLBY Group, Inc. has a fifty-two week low of $1.19 and a fifty-two week high of $2.75. The company has a market capitalization of $149.60 million, a P/E ratio of -16.13 and a beta of 1.91. The company has a debt-to-equity ratio of 4.59, a current ratio of 1.00 and a quick ratio of 0.80. The business’s fifty day simple moving average is $1.63 and its 200-day simple moving average is $1.76.

PLBY Group (NASDAQ:PLBY) last announced its earnings results on Monday, May 11th. The company reported ($0.03) earnings per share 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 analyst estimates of $30.72 million. As a group, equities research analysts expect that PLBY Group, Inc. will post 0.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered PLBY Group from a “hold” rating to a “strong sell” rating in a research note on Monday, May 11th. Two research analysts have rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On PLBY Group

Several hedge funds have recently added to or reduced their stakes in PLBY. Jones Financial Companies Lllp boosted its holdings in PLBY Group by 7,468.3% in the first quarter. Jones Financial Companies Lllp now owns 32,695 shares of the company’s stock valued at $36,000 after acquiring an additional 32,263 shares during the last quarter. Jane Street Group LLC boosted its holdings in PLBY Group by 15.4% in the first quarter. Jane Street Group LLC now owns 90,693 shares of the company’s stock valued at $100,000 after acquiring an additional 12,089 shares during the last quarter. XTX Topco Ltd boosted its holdings in PLBY Group by 192.4% in the second quarter. XTX Topco Ltd now owns 124,310 shares of the company’s stock valued at $201,000 after acquiring an additional 81,792 shares during the last quarter. Boothbay Fund Management LLC bought a new position in PLBY Group in the second quarter valued at about $41,000. Finally, Engineers Gate Manager LP boosted its holdings in PLBY Group by 57.8% in the second quarter. Engineers Gate Manager LP now owns 22,895 shares of the company’s stock valued at $37,000 after acquiring an additional 8,390 shares during the last quarter. Institutional investors own 32.46% of the company’s stock.

About PLBY Group

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.