PLBY Group (NASDAQ:PLBY) General Counsel Christopher Riley Sells 90,674 Shares of Stock

PLBY Group, Inc. (NASDAQ:PLBY) General Counsel Christopher Riley sold 90,674 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $1.75, for a total value of $158,679.50. Following the completion of the sale, the general counsel directly owned 1,779,575 shares in the company, valued at approximately $3,114,256.25. This represents a 4.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 Tuesday, May 5th, Christopher Riley sold 90,896 shares of PLBY Group stock. The shares were sold at an average price of $1.78, for a total value of $161,794.88.
• 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 value of $16,227.12.

PLBY Group Trading Up 1.1%

PLBY Group stock opened at $1.77 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 0.82 and a debt-to-equity ratio of 9.40. The business’s fifty day simple moving average is $1.74 and its two-hundred day simple moving average is $1.75. PLBY Group, Inc. has a 12 month low of $1.03 and a 12 month high of $2.75. The company has a market capitalization of $204.36 million, a price-to-earnings ratio of -11.80 and a beta of 1.91.

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its stake in shares of PLBY Group by 7,468.3% in the first quarter. Jones Financial Companies Lllp now owns 32,695 shares of the company’s stock worth $36,000 after buying an additional 32,263 shares in the last quarter. Jane Street Group LLC increased its position in shares of PLBY Group by 15.4% during the first quarter. Jane Street Group LLC now owns 90,693 shares of the company’s stock valued at $100,000 after acquiring an additional 12,089 shares in the last quarter. XTX Topco Ltd raised its holdings in PLBY Group by 192.4% in the 2nd quarter. XTX Topco Ltd now owns 124,310 shares of the company’s stock worth $201,000 after acquiring an additional 81,792 shares during the last quarter. Boothbay Fund Management LLC bought a new position in PLBY Group in the 2nd quarter valued at approximately $41,000. Finally, Engineers Gate Manager LP lifted its position in PLBY Group by 57.8% in the 2nd quarter. Engineers Gate Manager LP now owns 22,895 shares of the company’s stock valued at $37,000 after acquiring an additional 8,390 shares in the last quarter. 32.46% of the stock is owned by hedge funds and other institutional investors.

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.