Virtu Financial LLC Makes New Investment in PLBY Group, Inc. (NASDAQ:PLBY)

Virtu Financial LLC bought a new stake in PLBY Group, Inc. (NASDAQ:PLBY) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 49,223 shares of the company’s stock, valued at approximately $72,000. Virtu Financial LLC owned about 0.05% of PLBY Group as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in PLBY. Crcm LP acquired a new stake in PLBY Group during the 4th quarter worth approximately $4,489,000. Sfmg LLC raised its stake in shares of PLBY Group by 21.7% during the third quarter. Sfmg LLC now owns 500,000 shares of the company’s stock worth $379,000 after purchasing an additional 89,000 shares during the last quarter. Finally, J2 Capital Management Inc acquired a new stake in shares of PLBY Group during the fourth quarter worth $43,000. Institutional investors and hedge funds own 32.46% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Roth Capital upgraded shares of PLBY Group to a “strong-buy” rating in a research report on Friday, January 31st. Roth Mkm started coverage on shares of PLBY Group in a report on Friday, January 31st. They set a “buy” rating and a $3.00 price target for the company.

PLBY Group Price Performance

PLBY Group stock opened at $1.10 on Tuesday. The company has a market cap of $103.12 million, a P/E ratio of -1.15 and a beta of 2.32. PLBY Group, Inc. has a one year low of $0.52 and a one year high of $2.44. The business has a fifty day moving average of $1.58 and a two-hundred day moving average of $1.31. The company has a debt-to-equity ratio of 12.49, a quick ratio of 1.44 and a current ratio of 1.44.

PLBY Group (NASDAQ:PLBY) last announced its quarterly earnings data on Thursday, March 13th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.04). PLBY Group had a negative net margin of 66.97% and a negative return on equity of 406.14%. The company had revenue of $33.49 million during the quarter, compared to analyst estimates of $13.40 million. As a group, analysts predict that PLBY Group, Inc. will post -1.01 earnings per share for the current fiscal year.

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.