Sfmg LLC decreased its holdings in PLBY Group, Inc. (NASDAQ:PLBY – Free Report) by 33.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 275,000 shares of the company’s stock after selling 136,000 shares during the quarter. Sfmg LLC owned 0.29% of PLBY Group worth $446,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of PLBY. OMERS ADMINISTRATION Corp acquired a new stake in PLBY Group in the first quarter worth about $247,000. Jane Street Group LLC raised its position in shares of PLBY Group by 15.4% during the 1st quarter. Jane Street Group LLC now owns 90,693 shares of the company’s stock worth $100,000 after buying an additional 12,089 shares in the last quarter. Virtu Financial LLC lifted its stake in shares of PLBY Group by 27.4% in the 1st quarter. Virtu Financial LLC now owns 62,705 shares of the company’s stock worth $69,000 after acquiring an additional 13,482 shares during the period. XTX Topco Ltd boosted its holdings in shares of PLBY Group by 202.3% in the first quarter. XTX Topco Ltd now owns 42,518 shares of the company’s stock valued at $47,000 after acquiring an additional 28,453 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its stake in shares of PLBY Group by 7,468.3% during the first quarter. Jones Financial Companies Lllp now owns 32,695 shares of the company’s stock valued at $36,000 after acquiring an additional 32,263 shares during the period. 32.46% of the stock is owned by institutional investors and hedge funds.
PLBY Group Trading Up 3.6%
Shares of NASDAQ:PLBY opened at $1.71 on Friday. The company has a debt-to-equity ratio of 46.45, a quick ratio of 0.78 and a current ratio of 0.92. The stock has a market capitalization of $184.26 million, a price-to-earnings ratio of -5.18 and a beta of 2.46. PLBY Group, Inc. has a 1-year low of $0.90 and a 1-year high of $2.44. The company has a 50 day moving average price of $1.46 and a 200 day moving average price of $1.57.
Wall Street Analysts Forecast Growth
PLBY has been the subject of a number of research analyst reports. Wall Street Zen upgraded PLBY Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 30th. Weiss Ratings restated a “sell (d-)” rating on shares of PLBY Group in a report on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $3.00.
Read Our Latest Analysis on PLBY Group
About PLBY Group
PLBY Group, Inc operates as a pleasure and leisure company in the United States, Australia, China, the United Kingdom, and internationally. It operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. The company offers sexual wellness products, such as lingerie, bedroom accessories, intimacy products, and other adult products; style and apparel products for men and women; digital entertainment and lifestyle products; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.
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