PLBY Group Inc (NASDAQ: PLBY) is 23.97% higher on its value in year-to-date trading and has touched a low of $0.52 and a high of $1.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PLBY stock was last observed hovering at around $1.86 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $1.81, the stock is 16.40% and 28.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.88 million and changing -2.69% at the moment leaves the stock 87.17% off its SMA200. PLBY registered 64.55% gain for a year compared to 6-month gain of 109.20%. The firm has a 50-day simple moving average (SMA 50) of $1.41276 and a 200-day simple moving average (SMA200) of $0.967025.
The stock witnessed a 0.00% loss in the last 1 month and extending the period to 3 months gives it a 148.32%, and is 29.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.30% over the week and 10.19% over the month.
PLBY Group Inc (PLBY) has around 628 employees, a market worth around $162.15M and $105.43M in sales. Profit margin for the company is -72.55%. Distance from 52-week low is 248.08% and -9.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-39.92%).
with sales reaching $14.3M over the same period., but quarterly earnings will post -43.83% year-over-year. Quarterly sales are estimated to shrink -63.67% in year-over-year returns.
PLBY Group Inc (PLBY) Top Institutional Holders
63.0 institutions hold shares in PLBY Group Inc (PLBY), with institutional investors hold 36.84% of the company’s shares. The shares outstanding are 74.64M, and float is at 48.31M with Short Float at 4.57%. Institutions hold 29.08% of the Float.
The top institutional shareholder in the company is FORTRESS INVESTMENT GROUP LLC with over 2.58 million shares valued at $2.01 million. The investor’s holdings represent 3.5516% of the PLBY Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.41 million shares valued at $1.88 million to account for 3.3201 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 0.57 million shares representing 0.7859% and valued at over $0.44 million, while SFMG, LLC holds 0.5655 of the shares totaling 0.41 million with a market value of $0.32 million.
PLBY Group Inc (PLBY) Insider Activity
The most recent transaction is an insider sale by Kohn Bernhard L III, the company’s CEO & President. SEC filings show that Kohn Bernhard L III sold 79,330 shares of the company’s common stock on Aug 20 ’24 at a price of $0.55 per share for a total of $43949.0. Following the sale, the insider now owns 2.66 million shares.
PLBY Group Inc disclosed in a document filed with the SEC on Aug 19 ’24 that Kohn Bernhard L III (CEO & President) sold a total of 69,871 shares of the company’s common stock. The trade occurred on Aug 19 ’24 and was made at $0.62 per share for $43362.0. Following the transaction, the insider now directly holds 2.74 million shares of the PLBY stock.
Still, SEC filings show that on Aug 21 ’24, Kohn Bernhard L III (CEO & President) disposed off 71,323 shares at an average price of $0.56 for $40105.0. The insider now directly holds 2,590,023 shares of PLBY Group Inc (PLBY).
