Marc Crossman Sells 77,098 Shares of PLBY Group, Inc. (NASDAQ:PLBY) Stock
PLBY Group, Inc. (NASDAQ:PLBY – Get Free Report) CFO Marc Crossman recently sold 77,098 shares of the company’s stock in a transaction that took place on Friday, May 24th. The shares were sold at an average price of $0.88, amounting to a total value of $67,846.24. Following this sale, Crossman now holds 322,902 shares in the company, valued at approximately $284,153.76. This transaction was disclosed in a legal filing with the Securities & Exchange Commission.
On Tuesday, May 28th, Marc Crossman also sold 56,235 shares of PLBY Group stock at an average price of $0.87, totaling $48,924.45.
PLBY Group Trading Up 1.2%
As of Friday, shares of NASDAQ:PLBY opened at $0.90, with the company having a 12-month low of $0.43 and a high of $2.01. The market capitalization of PLBY Group, Inc. stands at $65.53 million, with a PE ratio of -0.40 and a beta of 2.49. The company’s 50-day moving average is $0.97, while the two-hundred day moving average is $0.94. PLBY Group has a current ratio of 1.19, a quick ratio of 1.00, and a debt-to-equity ratio of 6.53.
PLBY Group’s Quarterly Earnings
PLBY Group (NASDAQ:PLBY – Get Free Report) recently reported ($0.23) EPS for the quarter, with revenue amounting to $28.32 million. The company had a negative net margin of 124.32% and a negative return on equity of 135.78%. Analysts are forecasting that PLBY Group, Inc. will post -0.14 EPS for the current year.
Institutional Trading of PLBY Group
Several large investors have made changes to their positions in PLBY Group. Kure Advisory LLC acquired a new stake in the company, P.A.W. Capital Corp increased its position significantly, and Sfmg LLC and Vanguard Group Inc. also increased their stakes in the company. Currently, 32.46% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Chardan Capital reaffirmed a “buy” rating and set a $4.00 target price on shares of PLBY Group in a recent report.
PLBY Group Company Profile
PLBY Group, Inc. operates as a pleasure and leisure company offering a variety of products in the United States and internationally. The company operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. Their offerings include sexual wellness products, apparel, digital entertainment, lifestyle products, and beauty and grooming products for both men and women.
For more news and analysis on PLBY Group, sign up for our FREE daily email newsletter.