We wouldn't blame PLBY Group, Inc. (NASDAQ:PLBY) shareholders if they were a little worried about the fact that Ben Kohn, the CEO, President & Director recently netted about US$1.3m selling shares at an average price of US$3.97. That sale reduced their total holding by 15% which is hardly insignificant, but far from the worst we've seen.

Check out our latest analysis for PLBY Group

The Last 12 Months Of Insider Transactions At PLBY Group

In fact, the recent sale by CEO, President & Director Ben Kohn was not their only sale of PLBY Group shares this year. They previously made an even bigger sale of -US$3.6m worth of shares at a price of US$15.64 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$3.23. So it may not shed much light on insider confidence at current levels.

Over the last year, we can see that insiders have bought 59.71k shares worth US$913k. On the other hand they divested 1.04m shares, for US$12m. In total, PLBY Group insiders sold more than they bought over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership Of PLBY Group

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. From our data, it seems that PLBY Group insiders own 6.0% of the company, worth about US$8.8m. We do generally prefer see higher levels of insider ownership.

So What Do The PLBY Group Insider Transactions Indicate?

Insiders sold stock recently, but they haven't been buying. Zooming out, the longer term picture doesn't give us much comfort. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. So we're not rushing to buy, to say the least. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 3 warning signs for PLBY Group you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.