Virtu Financial LLC Invests $72,000 in PLBY Group, Inc. (NASDAQ:PLBY)

Virtu Financial LLC bought a new stake in PLBY Group, Inc. (NASDAQ:PLBY) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 49,223 shares of the company’s stock, valued at approximately $72,000.

A number of other large investors have also recently bought and sold shares of the stock. Sfmg LLC lifted its position in shares of PLBY Group by 21.7% in the third quarter. Sfmg LLC now owns 500,000 shares of the company’s stock valued at $379,000 after acquiring an additional 89,000 shares in the last quarter. Crcm LP acquired a new position in PLBY Group in the 4th quarter valued at about $4,489,000. Finally, J2 Capital Management Inc purchased a new position in PLBY Group in the 4th quarter valued at about $43,000. Institutional investors and hedge funds own 32.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on PLBY. Roth Capital raised shares of PLBY Group to a “strong-buy” rating in a research report on Friday, January 31st. Roth Mkm started coverage on PLBY Group in a report on Friday, January 31st. They issued a “buy” rating and a $3.00 price target for the company.

PLBY Group Trading Up 3.8 %

Shares of PLBY stock opened at $1.10 on Tuesday. The firm’s 50-day simple moving average is $1.58 and its 200-day simple moving average is $1.31. The company has a debt-to-equity ratio of 12.49, a current ratio of 1.44 and a quick ratio of 1.44. PLBY Group, Inc. has a 1-year low of $0.52 and a 1-year high of $2.44. The firm has a market cap of $103.12 million, a P/E ratio of -1.15 and a beta of 2.32.

PLBY Group (NASDAQ:PLBY) last announced its quarterly earnings results on Thursday, March 13th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates 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, equities analysts forecast that PLBY Group, Inc. will post -1.01 EPS for the current year.

PLBY Group 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.