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.
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