Tracey Edmonds Sells 18,198 Shares of PLBY Group (NASDAQ:PLBY) Stock

PLBY Group, Inc. (NASDAQ:PLBY) Director Tracey Edmonds sold 18,198 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $1.33, for a total transaction of $24,203.34. Following the sale, the director owned 201,462 shares of the company’s stock, valued at approximately $267,944.46. This trade represents a 8.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

PLBY Group Trading Up 3.8%

PLBY opened at $1.38 on Friday. PLBY Group, Inc. has a twelve month low of $1.19 and a twelve month high of $2.75. The company has a quick ratio of 0.80, a current ratio of 1.00 and a debt-to-equity ratio of 4.59. The company has a fifty day moving average of $1.59 and a 200-day moving average of $1.76. The stock has a market cap of $160.04 million, a PE ratio of -17.25 and a beta of 1.91.

PLBY Group (NASDAQ:PLBY) last posted its quarterly earnings data on Monday, May 11th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate 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 analyst estimates of $30.72 million. On average, sell-side analysts predict that PLBY Group, Inc. will post 0.02 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of PLBY Group from a “hold” rating to a “strong sell” rating in a research note on Monday, May 11th. Two research analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of PLBY. Hudson Bay Capital Management LP increased its stake in shares of PLBY Group by 16.0% in the fourth quarter. Hudson Bay Capital Management LP now owns 41,033 shares of the company’s stock worth $77,000 after purchasing an additional 5,648 shares in the last quarter. Kestra Advisory Services LLC increased its stake in shares of PLBY Group by 30.4% in the first quarter. Kestra Advisory Services LLC now owns 29,897 shares of the company’s stock worth $45,000 after purchasing an additional 6,965 shares in the last quarter. Engineers Gate Manager LP increased its stake 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 worth $37,000 after purchasing an additional 8,390 shares in the last quarter. Bogart Wealth LLC increased its stake 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. Finally, Boothbay Fund Management LLC increased its stake in shares of PLBY Group by 41.7% in the third quarter. Boothbay Fund Management LLC now owns 35,658 shares of the company’s stock worth $52,000 after purchasing an additional 10,500 shares in the last quarter. 32.46% of the stock is 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.