PLBY Group, Inc. (NASDAQ:PLBY – Get Free Report) CEO Bernhard Kohn III sold 94,594 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $1.50, for a total transaction of $141,891.00. Following the sale, the chief executive officer owned 6,074,967 shares of the company’s stock, valued at $9,112,450.50. This trade represents a 1.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
PLBY Group Trading Down 5.0%
Shares of PLBY stock opened at $1.33 on Friday. The firm has a 50 day moving average price of $1.67 and a two-hundred day moving average price of $1.76. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 4.59. The company has a market capitalization of $154.24 million, a PE ratio of -16.63 and a beta of 1.91. PLBY Group, Inc. has a 12-month low of $1.19 and a 12-month high of $2.75.
PLBY Group (NASDAQ:PLBY – Get Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.04). The company had revenue of $30.24 million for the quarter, compared to analyst estimates of $30.72 million. PLBY Group had a positive return on equity of 21.89% and a negative net margin of 6.21%. As a group, analysts predict that PLBY Group, Inc. will post 0.02 earnings per share for the current year.
Institutional Investors Weigh In On PLBY Group
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded shares of PLBY Group from a “hold” rating to a “strong sell” rating in a research report on Monday, May 11th. Two investment analysts have rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.
View Our Latest Research Report on PLBY
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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