40,053 Shares in PLBY Group, Inc. (NASDAQ:PLBY) Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets bought a new stake in PLBY Group, Inc. (NASDAQ:PLBY) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 40,053 shares of the company’s stock, valued at approximately $58,000.

Other large investors have also recently modified their holdings of the company. Crcm LP bought a new position in shares of PLBY Group in the 4th quarter valued at $4,489,000. Renaissance Technologies LLC boosted its stake in PLBY Group by 2,004.2% during the 4th quarter. Renaissance Technologies LLC now owns 265,126 shares of the company’s stock valued at $387,000 after purchasing an additional 252,526 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of PLBY Group by 29.8% in the 4th quarter. Geode Capital Management LLC now owns 719,299 shares of the company’s stock worth $1,050,000 after buying an additional 165,092 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of PLBY Group during the 4th quarter valued at $115,000. Finally, Headlands Technologies LLC bought a new stake in shares of PLBY Group in the 4th quarter worth approximately $114,000. Institutional investors and hedge funds own 32.46% of the company’s stock.

PLBY Group Stock Down 1.3%

PLBY stock opened at $1.56 on Tuesday. The business has a 50 day moving average of $1.16 and a 200 day moving average of $1.41. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 12.49. PLBY Group, Inc. has a twelve month low of $0.52 and a twelve month high of $2.44. The firm has a market cap of $146.55 million, a PE ratio of -1.62 and a beta of 2.39.

PLBY Group (NASDAQ:PLBY) last posted its quarterly earnings results on Thursday, May 15th. The company reported ($0.10) EPS for the quarter, meeting analysts’ consensus estimates of ($0.10). PLBY Group had a negative return on equity of 406.14% and a negative net margin of 66.97%. The business had revenue of $28.88 million for the quarter, compared to analysts’ expectations of $26.70 million. On average, research analysts forecast that PLBY Group, Inc. will post -1.01 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of PLBY Group from a “sell” rating to a “hold” rating in a report on Friday.

Insider Activity at PLBY Group

In other news, CEO Bernhard L. Kohn III sold 27,400 shares of the firm’s stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $1.43, for a total transaction of $39,182.00. Following the completion of the sale, the chief executive officer now owns 4,346,015 shares in the company, valued at $6,214,801.45. This trade represents a 0.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 38.30% of the stock is owned by insiders.

PLBY Group Company Profile

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.