PLBY Group, Inc. (NASDAQ: PLBY – Get a rating) Director Tracey E. Edmonds sold 14,993 shares in a trade dated Friday, March 25. The shares were sold at an average price of $14.48, for a total value of $217,098.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available via this hyperlink.
NASDAQ PLBY traded down $0.12 on Monday, hitting $14.07. 1,229,596 shares of the company were traded, against an average volume of 1,373,808. The company has a debt ratio of 0.54, a quick ratio of 0.84 and a current ratio of 1.18. The company’s fifty-day moving average price is $15.51 and its 200-day moving average price is $23.93. PLBY Group, Inc. has a fifty-two week low of $12.40 and a fifty-two week high of $63.04.
PLBY Group (NASDAQ: PLBY – Get a rating) last announced its quarterly results on Tuesday, March 1. The company reported ($1.33) earnings per share for the quarter, missing the consensus estimate of $0.22 per ($1.55). PLBY Group had a negative net margin of 32.33% and a negative return on equity of 15.12%. The company posted revenue of $95.70 million for the quarter, versus analyst estimates of $82.96 million. During the same period of the previous year, the company posted ($0.02) EPS. The company’s revenue increased by 106.7% compared to the same quarter last year. On average, research analysts expect PLBY Group, Inc. to post 0.31 earnings per share for the current year.
Several hedge funds and other institutional investors have recently changed their positions in the company. CWM LLC purchased a new stake in shares of PLBY Group during Q4, valued at approximately $36,000. National Bank of Canada FI acquired a new position in shares of PLBY Group in the 4th quarter with a value of $70,000. Zurcher Kantonalbank Zurcher Kantonalbank increased its equity stake in the PLBY group by 63.9% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,750 shares of the company worth $73,000 after purchasing an additional 1,072 shares during the period. Steward Partners Investment Advisory LLC increased its position in PLBY Group shares by 120.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,546 shares of the company worth $94,000 after buying 1,936 additional shares in the last quarter. Finally, Danda Trouve Investment Management Inc. increased its stake in PLBY Group by 635.4% in the 4th quarter. Danda Trouve Investment Management Inc. now owns 3,964 shares of the company valued at $106,000 after purchasing an additional 3,425 shares during the period.
PLBY has been the subject of a number of recent research reports. Zacks Investment Research downgraded PLBY Group from a “hold” rating to a “strong sell” rating in a Saturday, March 5 research note. Canaccord Genuity Group lowered its price target on PLBY Group from $47.00 to $36.00 in a research report Wednesday, March 2. Canaccord Genuity Group lowered its price target on PLBY Group from $47.00 to $36.00 and set a “buy” rating on the stock in a Wednesday, March 2 research report. Loop Capital cut its target price on PLBY Group from $50.00 to $26.00 and placed a “buy” rating on the stock in a Wednesday, March 2 research report. Finally, Roth Capital reiterated a “buy” rating on PLBY Group shares in a Wednesday, March 2 research report. One analyst rated the stock with a sell rating and seven gave the stock a buy rating. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $40.33.
About PLBY Group (Get a rating)
PLBY Group, Inc. operates as a worldwide pleasure and recreation company. The Company operates through three segments: Licensing, Direct-to-Consumer, and Subscriptions and Digital Content. It offers sexual wellness products, such as condoms, lubricants, libido enhancers, bedroom accessories and sex toys, underwear and lingerie, intimacy kits, sex supplies CBD-based excitement and adult content; styling products and clothing for men and women; gaming and lifestyle products, including digital casinos and social gaming, and other home and hospitality offerings; and beauty and grooming products for men and women, such as skin care, hair care, bath and body, grooming, cosmetics and fragrance.
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