PLBY Group, Inc. (NASDAQ:PLBY – Get Free Report) CEO Bernhard Kohn III sold 75,484 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $1.74, for a total transaction of $131,342.16. Following the completion of the sale, the chief executive officer owned 6,169,561 shares in the company, valued at approximately $10,735,036.14. This trade represents a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
PLBY Group Price Performance
Shares of PLBY Group stock traded down $0.10 during trading hours on Wednesday, reaching $1.40. The company’s stock had a trading volume of 2,547,528 shares, compared to its average volume of 993,197. The firm has a 50 day moving average price of $1.69 and a 200-day moving average price of $1.76. PLBY Group, Inc. has a one year low of $1.16 and a one year high of $2.75. The company has a debt-to-equity ratio of 4.59, a current ratio of 1.00 and a quick ratio of 0.82. The stock has a market cap of $162.36 million, a P/E ratio of -17.50 and a beta of 1.91.
PLBY Group (NASDAQ:PLBY – Get Free Report) last released its quarterly earnings results on Monday, May 11th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.04). The firm had revenue of $30.24 million for the quarter, compared to analysts’ expectations of $30.72 million. PLBY Group had a positive return on equity of 21.89% and a negative net margin of 6.21%. On average, analysts predict that PLBY Group, Inc. will post 0.09 EPS for the current year.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on PLBY Group
Institutional Investors Weigh In On PLBY Group
Several large investors have recently added to or reduced their stakes in the stock. Hudson Bay Capital Management LP boosted its position in PLBY Group by 16.0% in the 4th quarter. Hudson Bay Capital Management LP now owns 41,033 shares of the company’s stock valued at $77,000 after buying an additional 5,648 shares during the period. Kestra Advisory Services LLC boosted its position in PLBY Group by 30.4% in the 1st quarter. Kestra Advisory Services LLC now owns 29,897 shares of the company’s stock valued at $45,000 after buying an additional 6,965 shares during the period. Engineers Gate Manager LP boosted its position in PLBY Group by 57.8% in the 2nd quarter. Engineers Gate Manager LP now owns 22,895 shares of the company’s stock valued at $37,000 after buying an additional 8,390 shares during the period. Bogart Wealth LLC boosted its position in PLBY Group by 66.7% in the 1st quarter. Bogart Wealth LLC now owns 25,000 shares of the company’s stock valued at $38,000 after buying an additional 10,000 shares during the period. Finally, Boothbay Fund Management LLC boosted its position in PLBY Group by 41.7% in the 3rd quarter. Boothbay Fund Management LLC now owns 35,658 shares of the company’s stock valued at $52,000 after buying an additional 10,500 shares during the period. 32.46% of the stock is owned by hedge funds and other institutional investors.
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.
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