Tilly’s, Inc. (NYSE:TLYS) Major Shareholder Fund 1 Investments, Llc Acquires 100,000 Shares

Tilly’s, Inc. (NYSE:TLYS) major shareholder Fund 1 Investments, Llc acquired 100,000 shares of the stock in a transaction that occurred on Thursday, June 27th. The stock was purchased at an average price of $5.14 per share, with a total value of $514,000.00. Following the completion of the transaction, the insider now owns 5,585,169 shares of the company’s stock, valued at $28,707,768.66. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

• On Wednesday, July 3rd, Fund 1 Investments, Llc acquired 60,294 shares of Tilly’s stock. The stock was purchased at an average price of $5.64 per share, with a total value of $340,058.16.
• On Monday, July 1st, Fund 1 Investments, Llc acquired 126,324 shares of Tilly’s stock. The stock was purchased at an average price of $5.54 per share, with a total value of $699,834.96.

Tilly’s Stock Performance

NYSE TLYS opened at $5.73 on Thursday. The stock’s 50 day moving average price is $5.67 and its two-hundred day moving average price is $6.58. Tilly’s, Inc. has a 52 week low of $4.85 and a 52 week high of $9.50.

Tilly’s (NYSE:TLYS) last posted its quarterly earnings results on Thursday, June 6th. The specialty retailer reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.46) by ($0.02). The company had revenue of $115.86 million for the quarter, compared to analyst estimates of $115.57 million. Tilly’s had a negative return on equity of 14.38% and a negative net margin of 6.85%. Analysts anticipate that Tilly’s, Inc. will post -0.83 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. B. Riley lowered their price objective on Tilly’s from $8.25 to $7.00 and set a “neutral” rating for the company in a research report on Friday, June 7th. Roth Mkm lowered their price objective on Tilly’s from $7.50 to $6.00 and set a “neutral” rating for the company in a research report on Friday, June 7th. Finally, StockNews.com cut Tilly’s from a “hold” rating to a “sell” rating in a report on Monday, June 10th.

Hedge Funds Weigh In On Tilly’s

Institutional investors and hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC increased its holdings in Tilly’s by 461.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 7,300 shares of the specialty retailer’s stock worth $55,000 after purchasing an additional 6,000 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in Tilly’s by 61.0% in the 1st quarter. BNP Paribas Financial Markets now owns 10,655 shares of the specialty retailer’s stock worth $72,000 after purchasing an additional 4,035 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Tilly’s in the fourth quarter valued at about $91,000. Sierra Summit Advisors LLC acquired a new stake in shares of Tilly’s in the fourth quarter valued at about $222,000. Finally, First Eagle Investment Management LLC increased its stake in shares of Tilly’s by 7.4% in the fourth quarter. First Eagle Investment Management LLC now owns 376,233 shares of the specialty retailer’s stock valued at $2,837,000 after buying an additional 26,081 shares during the period. Institutional investors and hedge funds own 76.38% of the company’s stock.

About Tilly’s

Tilly's, Inc operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, swim, and dresses; and accessories merchandise comprises backpacks, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others.