Shares of PLBY Group, Inc. (NASDAQ:PLBY – Get Free Report) have received a consensus rating of “Hold” from the five analysts that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $3.80.
Several research firms have issued reports on PLBY. Roth Mkm downgraded shares of PLBY Group from a “buy” rating to a “neutral” rating in a research note on Thursday, May 11th. Stifel Nicolaus reduced their target price on shares of PLBY Group from $2.00 to $1.50 and set a “hold” rating on the stock in a research report on Thursday. Jefferies Financial Group assumed coverage on shares of PLBY Group in a research report on Friday, May 5th. They set a “buy” rating and a $2.50 target price on the stock. Finally, Roth Capital cut shares of PLBY Group from a “buy” rating to a “neutral” rating in a research report on Thursday, May 11th.
Get Our Latest Stock Report on PLBY
PLBY Group Price Performance
PLBY Group (NASDAQ:PLBY – Get Free Report) last released its quarterly earnings data on Wednesday, May 10th. The company reported ($0.52) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.35). PLBY Group had a negative return on equity of 28.87% and a negative net margin of 204.18%. The business had revenue of $51.44 million for the quarter, compared to analysts’ expectations of $58.70 million. On average, analysts expect that PLBY Group will post -0.92 earnings per share for the current year.
Insider Activity at PLBY Group
In related news, CEO Bernhard L. Kohn III sold 24,326 shares of the company’s stock in a transaction on Thursday, May 18th. The shares were sold at an average price of $1.63, for a total value of $39,651.38. Following the sale, the chief executive officer now directly owns 1,386,982 shares of the company’s stock, valued at $2,260,780.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 37,028 shares of company stock valued at $59,849 over the last ninety days. Corporate insiders own 29.00% of the company’s stock.
Institutional Trading of PLBY Group
Institutional investors and hedge funds have recently modified their holdings of the business. Platform Technology Partners raised its holdings in shares of PLBY Group by 14.8% during the first quarter. Platform Technology Partners now owns 50,132 shares of the company’s stock worth $99,000 after purchasing an additional 6,452 shares during the period. Yakira Capital Management Inc. acquired a new stake in shares of PLBY Group during the fourth quarter worth $872,000. Alpine Global Management LLC acquired a new stake in shares of PLBY Group during the fourth quarter worth $1,414,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of PLBY Group during the fourth quarter worth $27,000. Finally, Fund 1 Investments LLC acquired a new stake in shares of PLBY Group during the first quarter worth $376,000. 65.25% of the stock is owned by institutional investors and hedge funds.
PLBY Group Company Profile
PLBY Group, Inc operates as a pleasure and leisure company worldwide. The company operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. It offers sexual wellness products, such as lingerie, intimates, 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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