Drawbridge Special Opportunities Fund LP, a 10% owner of Playboy, Inc. (NASDAQ: PLBY), sold common shares worth about $5 million on October 30, 2026. The shares were sold at $1.05 each, according to the reported transactions.
The fund sold its shares in several blocks, ranging from 57,507 to 2,308,746 shares. After the sales, Drawbridge and related entities continued to hold Playboy common stock indirectly through investment vehicles including Drawbridge DSO Securities LLC, DBDB Funding LLC and several Fortress Credit Opportunities CLO entities. The reporting person disclaimed beneficial ownership except to the extent of its pecuniary interest.
The sale was reported ahead of Playboy’s earnings report, scheduled for November 5. The source said the stock had risen 16% over the preceding week to $1.32, and cited InvestingPro’s assessment that it was trading above the service’s fair-value estimate.
Playboy’s latest reported quarterly results, for the second quarter of 2026, showed revenue of $31.2 million, up 10.9% year over year and above the cited Wall Street forecast of $30.22 million. The company also reported doubled adjusted EBITDA, operating profit and a sixth consecutive quarter of positive adjusted EBITDA.
Sources: Investing.com News.