PLBY Group (NASDAQ:PLBY) General Counsel Christopher Riley Sells 90,896 Shares

PLBY Group, Inc. (NASDAQ:PLBY) General Counsel Christopher Riley sold 90,896 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $1.78, for a total transaction of $161,794.88. Following the sale, the general counsel directly owned 1,688,679 shares of the company’s stock, valued at $3,005,848.62. This represents a 5.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Christopher Riley also recently made the following trade(s):

• On Monday, May 4th, Christopher Riley sold 90,674 shares of PLBY Group stock. The stock was sold at an average price of $1.75, for a total transaction of $158,679.50.
• On Friday, April 24th, Christopher Riley sold 8,916 shares of PLBY Group stock. The shares were sold at an average price of $1.82, for a total transaction of $16,227.12.

PLBY Group Price Performance

Shares of NASDAQ PLBY opened at $1.77 on Wednesday. The company has a fifty day moving average price of $1.74 and a 200 day moving average price of $1.75. The firm has a market cap of $204.36 million, a PE ratio of -11.80 and a beta of 1.91. The company has a current ratio of 1.03, a quick ratio of 0.82 and a debt-to-equity ratio of 9.40. PLBY Group, Inc. has a 1-year low of $1.03 and a 1-year high of $2.75.

PLBY Group (NASDAQ:PLBY) last released its quarterly earnings results on Monday, March 16th. The company reported $0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.03. The firm had revenue of $34.91 million during the quarter, compared to analyst estimates of $33.52 million. Research analysts predict that PLBY Group, Inc. will post 0.09 earnings per share for the current fiscal year.

Institutional Investors Weigh In On PLBY Group

Several institutional investors have recently bought and sold shares of the company. Jones Financial Companies Lllp grew its stake in shares of PLBY Group by 7,468.3% during 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 raised its holdings in shares of PLBY Group by 57.8% in the second quarter. Engineers Gate Manager LP now owns 22,895 shares of the company’s stock valued at $37,000 after purchasing an additional 8,390 shares during the last quarter. Bogart Wealth LLC lifted its position in shares of PLBY Group by 66.7% in the first quarter. Bogart Wealth LLC now owns 25,000 shares of the company’s stock worth $38,000 after purchasing an additional 10,000 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its holdings in PLBY Group by 136.5% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 25,366 shares of the company’s stock worth $39,000 after purchasing an additional 14,641 shares during the last quarter. Finally, Boothbay Fund Management LLC acquired a new position in PLBY Group during the second quarter worth $41,000. Institutional investors own 32.46% of the company’s stock.

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.