Tracey Edmonds Sells 25,900 Shares of PLBY Group (NASDAQ:PLBY) Stock

PLBY Group, Inc. (NASDAQ:PLBYGet Free Report) Director Tracey Edmonds sold 25,900 shares of PLBY Group stock in a transaction on Friday, September 4th. The shares were sold at an average price of $1.16, for a total value of $30,044.00. Following the completion of the transaction, the director owned 142,253 shares of the company’s stock, valued at approximately $165,013.48. This trade represents a 15.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

PLBY Group Price Performance

Shares of NASDAQ PLBY opened at $1.15 on Friday. The stock’s 50-day moving average is $1.20 and its two-hundred day moving average is $1.45. The company has a debt-to-equity ratio of 6.83, a current ratio of 0.79 and a quick ratio of 0.64. PLBY Group, Inc. has a 1-year low of $1.08 and a 1-year high of $2.75. The company has a market cap of $137.18 million, a price-to-earnings ratio of 23.00 and a beta of 1.91.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on PLBY. Zacks Research raised shares of PLBY Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. Weiss Ratings upgraded shares of PLBY Group from a “sell (d-)” rating to a “sell (d+)” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce”.

Read Our Latest Research Report on PLBY Group

Institutional Trading of PLBY Group

A number of institutional investors have recently bought and sold shares of the business. CTC Alternative Strategies Ltd. acquired a new position in shares of PLBY Group during the 1st quarter worth about $27,000. Bank of America Corp DE raised its position in shares of PLBY Group by 56.5% during the 1st quarter. Bank of America Corp DE now owns 85,154 shares of the company’s stock worth $129,000 after acquiring an additional 30,734 shares in the last quarter. Sei Investments Co. acquired a new stake in shares of PLBY Group during the 1st quarter worth about $577,000. Crcm LP raised its position in shares of PLBY Group by 17.8% during the 1st quarter. Crcm LP now owns 4,345,517 shares of the company’s stock worth $6,605,000 after acquiring an additional 656,065 shares in the last quarter. Finally, Hillsdale Investment Management Inc. purchased a new stake in PLBY Group during the first quarter worth approximately $228,000. 32.46% of the stock is owned by hedge funds and other institutional investors.

About PLBY Group

(Get Free Report)

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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Insider Buying and Selling by Quarter for PLBY Group (NASDAQ:PLBY)

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