PLBY Group, Inc. (NASDAQ:PLBY – Get Free Report) CEO Bernhard Kohn III sold 82,677 shares of PLBY Group stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $1.43, for a total transaction of $118,228.11. Following the transaction, the chief executive officer directly owned 5,894,632 shares of the company’s stock, valued at approximately $8,429,323.76. This represents a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
PLBY Group Price Performance
PLBY stock opened at $1.33 on Friday. PLBY Group, Inc. has a 12 month low of $1.19 and a 12 month high of $2.75. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 4.59. The company has a 50-day moving average price of $1.67 and a 200 day moving average price of $1.76. The stock has a market cap of $154.24 million, a PE ratio of -16.63 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). PLBY Group had a positive return on equity of 21.89% and a negative net margin of 6.21%.The firm had revenue of $30.24 million for the quarter, compared to analysts’ expectations of $30.72 million. Equities research analysts anticipate that PLBY Group, Inc. will post 0.02 earnings per share for the current year.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on PLBY Group
Hedge Funds Weigh In On PLBY Group
A number of hedge funds have recently added to or reduced their stakes in PLBY. Jones Financial Companies Lllp grew its stake in PLBY Group by 7,468.3% in the 1st quarter. Jones Financial Companies Lllp now owns 32,695 shares of the company’s stock worth $36,000 after acquiring an additional 32,263 shares in the last quarter. Engineers Gate Manager LP grew its stake in PLBY Group by 57.8% in the 2nd quarter. Engineers Gate Manager LP now owns 22,895 shares of the company’s stock worth $37,000 after acquiring an additional 8,390 shares in the last quarter. Bogart Wealth LLC grew its stake in PLBY Group by 66.7% in the 1st quarter. Bogart Wealth LLC now owns 25,000 shares of the company’s stock worth $38,000 after acquiring an additional 10,000 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its stake in PLBY Group by 136.5% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 25,366 shares of the company’s stock worth $39,000 after acquiring an additional 14,641 shares in the last quarter. Finally, Boothbay Fund Management LLC bought a new position in PLBY Group in the 2nd quarter worth about $41,000. 32.46% of the stock is currently owned by institutional investors.
PLBY Group Company Profile
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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