Jefferies Financial Group reaffirmed their hold rating on shares of PLBY Group (NASDAQ:PLBY – Free Report) in a research note issued to investors on Friday, Benzinga reports. They currently have a $0.70 price objective on the stock, down from their prior price objective of $1.50.
Separately, Chardan Capital reiterated a buy rating and set a $4.00 target price on shares of PLBY Group in a research report on Wednesday, May 8th.
View Our Latest Report on PLBY
PLBY Group Price Performance
PLBY Group (NASDAQ:PLBY – Get Free Report) last released its quarterly earnings results on Thursday, May 9th. The company reported ($0.23) earnings per share (EPS) for the quarter. The business had revenue of $28.32 million during the quarter. PLBY Group had a negative net margin of 124.32% and a negative return on equity of 135.78%. During the same period last year, the company earned ($0.52) earnings per share.
Insider Activity
In other PLBY Group news, CFO Marc Crossman sold 77,098 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $0.88, for a total transaction of $67,846.24. Following the completion of the sale, the chief financial officer now directly owns 322,902 shares of the company’s stock, valued at approximately $284,153.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 193,532 shares of company stock valued at $169,644 over the last 90 days. 29.00% of the stock is owned by company insiders.
Institutional Trading of PLBY Group
A hedge fund recently raised its stake in PLBY Group stock. Sfmg LLC increased its stake in shares of PLBY Group, Inc. (NASDAQ:PLBY – Free Report) by 65.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 330,000 shares of the company’s stock after purchasing an additional 130,000 shares during the period. Sfmg LLC owned approximately 0.45% of PLBY Group worth $330,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 32.46% of the company’s stock.
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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