Playboy, Inc. has officially changed its name from PLBY Group, Inc. to align with its flagship brand.
Quiver AI Summary
Playboy, Inc. has officially changed its corporate name from PLBY Group, Inc. to better align with its flagship brand and to reflect its focus on the Playboy brand moving forward. The change was approved by stockholders at the 2025 annual meeting, and the company's common stock will continue to trade on Nasdaq under the ticker symbol "PLBY," with no changes to its CUSIP number. This name change does not impact stockholder rights, and no action is required from them. Playboy, Inc. aims to connect consumers with products, content, and experiences that enhance their lives, championing values of equality, freedom of expression, and the pursuit of pleasure.
Potential Positives
- Completion of the corporate name change to Playboy, Inc. strengthens brand alignment and reflects a renewed focus on the flagship Playboy brand.
- The name change was approved by the Company’s stockholders, indicating strong shareholder support and confidence in the company's direction.
- The company maintains its Nasdaq ticker symbol “PLBY” and CUSIP number, ensuring continuity for investors and stockholders.
- Emphasis on Playboy's mission to promote culture and pleasure may enhance brand loyalty and attract new customers in a competitive market.
Potential Negatives
- The announcement of the name change may indicate a strategic shift that could raise concerns about the company's long-term branding and business direction.
- While the name change aligns with the flagship brand, it may also suggest a lack of innovative directions or diversification in the company’s business operations.
- The focus on the Playboy brand could alienate potential investors or partners who may prefer a broader corporate identity beyond a singular lifestyle brand.
FAQ
What is the significance of Playboy's name change?
The name change from PLBY Group, Inc. to Playboy, Inc. aligns the corporate identity with its flagship brand.
Will the stock symbol remain the same after the name change?
Yes, the common stock will continue to trade on Nasdaq under the ticker symbol “PLBY”.
Did stockholders need to take action for the name change?
No, stockholders are not required to take any action regarding the name change.
What is Playboy, Inc.'s mission?
Playboy's mission is to create a culture where all people can pursue pleasure and promote equality and freedom of expression.
In how many countries are Playboy products and content available?
Playboy products and content are available in approximately 180 countries worldwide.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PLBY Insider Trading Activity
$PLBY insiders have traded $PLBY stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $PLBY stock by insiders over the last 6 months:
- MARC CROSSMAN (CFO & COO) sold 90,601 shares for an estimated $129,794
- BERNHARD L III KOHN (CEO & President) sold 27,400 shares for an estimated $39,261
- CHRISTOPHER RILEY (General Counsel & Secretary) sold 9,590 shares for an estimated $13,714
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PLBY Hedge Fund Activity
We have seen 31 institutional investors add shares of $PLBY stock to their portfolio, and 32 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FORTRESS INVESTMENT GROUP LLC added 3,267,735 shares (+126.6%) to their portfolio in Q1 2025, for an estimated $3,594,508
- CRCM LP removed 1,411,648 shares (-45.9%) from their portfolio in Q1 2025, for an estimated $1,552,812
- CITADEL ADVISORS LLC added 461,990 shares (+271.0%) to their portfolio in Q1 2025, for an estimated $508,189
- MORGAN STANLEY added 415,760 shares (+209.1%) to their portfolio in Q1 2025, for an estimated $457,336
- RENAISSANCE TECHNOLOGIES LLC added 235,641 shares (+88.9%) to their portfolio in Q1 2025, for an estimated $259,205
- OMERS ADMINISTRATION CORP added 224,300 shares (+inf%) to their portfolio in Q1 2025, for an estimated $246,730
- GROUP ONE TRADING LLC removed 221,051 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $243,156
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
LOS ANGELES, June 25, 2025 (GLOBE NEWSWIRE) -- Playboy, Inc. (Nasdaq: PLBY) (the “Company” or “Playboy”), a leading pleasure and leisure lifestyle company and one of the most recognizable and iconic brands in the world, today announced that it has legally completed its corporate name change from PLBY Group, Inc. to Playboy, Inc.
The new corporate name aligns the Company’s flagship Playboy brand with its corporate name and better reflects the current and future focus of the Company’s business operations around the Playboy brand.
The Company’s common stock will continue to trade on Nasdaq under the ticker symbol “PLBY”, and no change has been made to the CUSIP number for the Company’s common stock. As previously announced, the name change was approved by the Company’s stockholders at its 2025 annual meeting. The name change does not affect the rights of the Company’s stockholders, and stockholders will not be required to take any action in connection with the name change.
About Playboy, Inc.
Playboy is a global pleasure and leisure company connecting consumers with products, content, and experiences that help them lead more fulfilling lives. Playboy is one of the most recognizable brands in the world, with products and content available in approximately 180 countries. Playboy’s mission—to create a culture where all people can pursue pleasure—builds upon over 70 years of creating groundbreaking media and hospitality experiences and fighting for cultural progress rooted in the core values of equality, freedom of expression and the idea that pleasure is a fundamental human right.
Contacts
Investors: FNK IR – Rob Fink / Matt Chesler, CFA – [email protected]
Media: [email protected]
