PLBY Group Inc’s filing revealed that its CEO & President Kohn Bernhard L III unloaded Company’s shares for reported $43949.0 on Aug 20 ’24. In the deal valued at $0.55 per share,79,330 shares were sold. As a result of this transaction, Kohn Bernhard L III now holds 2,661,346 shares worth roughly $5.0 million.
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Then, Kohn Bernhard L III sold 69,871 shares, generating $43,362 in total proceeds. Upon selling the shares at $0.62, the CEO & President now owns 2,740,676 shares.
Before that, Kohn Bernhard L III sold 71,323 shares. PLBY Group Inc shares valued at $40,105 were divested by the CEO & President at a price of $0.56 per share. As a result of the transaction, Kohn Bernhard L III now holds 2,590,023 shares, worth roughly $4.87 million.
Stifel reiterated its PLBY Group Inc [PLBY] rating to a Hold in a research note published on August 10, 2023; the price target was $1.50. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who decreased its forecast for the stock in mid May from “a Buy” to “a Neutral”. Jefferies began covering PLBY with “Buy” recommendation on May 05, 2023. ROTH MKM maintained its rating on March 17, 2023. It rated PLBY as “a Buy”.
Price Performance Review of PLBY
On Tuesday, PLBY Group Inc [NASDAQ:PLBY] saw its stock jump 3.87% to $1.88. Over the last five days, the stock has gained 16.05%. PLBY Group Inc shares have risen nearly 88.00% since the year began. Nevertheless, the stocks have risen 114.32% over the past one year. While a 52-week high of $1.99 was reached on 12/16/24, a 52-week low of $0.52 was recorded on 08/30/24. SMA at 50 days reached $1.1267, while 200 days put it at $0.9015.
Levels Of Support And Resistance For PLBY Stock
The 24-hour chart illustrates a support level at 1.7867, which if violated will result in even more drops to 1.6933. On the upside, there is a resistance level at 1.9667. A further resistance level may holdings at 2.0533. The Relative Strength Index (RSI) on the 14-day chart is 70.93, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1586, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.37%. Stochastics %K at 68.19% indicates the stock is a holding.
How much short interest is there in PLBY Group Inc?
A steep rise in short interest was recorded in PLBY Group Inc stocks on 2024-11-29, dropping by -1.1 million shares to a total of 2.72 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.82 million shares. There was a decline of -40.28%, which implies that there is a negative sentiment for the stock.
