Insider Buying: Tokyo Lifestyle (NASDAQ:TKLF) Director Buys $12,600.00 in Stock

Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) Director Mei Kanayama bought 7,000 shares of the stock in a transaction on Tuesday, August 25th. The stock was acquired at an average cost of $1.80 per share, for a total transaction of $12,600.00. Following the acquisition, the director directly owned 172,016 shares in the company, valued at approximately $309,628.80. The trade was a 4.24% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Mei Kanayama also recently made the following trade(s):

• On Monday, August 24th, Mei Kanayama purchased 2,800 shares of Tokyo Lifestyle stock. The stock was acquired at an average cost of $1.80 per share, for a total transaction of $5,040.00.

Tokyo Lifestyle Trading Up 0.6%

Shares of TKLF stock traded up $0.01 during trading hours on Wednesday, reaching $1.79. 118,008 shares of the company’s stock were exchanged, compared to its average volume of 95,203. Tokyo Lifestyle Co., Ltd. has a fifty-two week low of $1.69 and a fifty-two week high of $4.32. The company has a quick ratio of 1.22, a current ratio of 1.30 and a debt-to-equity ratio of 0.28. The business has a fifty day moving average price of $2.02 and a 200-day moving average price of $2.27.

Tokyo Lifestyle (NASDAQ:TKLF) last announced its quarterly earnings data on Friday, June 12th. The company reported $0.20 earnings per share (EPS) for the quarter. The company had revenue of $91.40 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Tokyo Lifestyle from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, July 16th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Institutional Trading of Tokyo Lifestyle

A hedge fund recently bought a new position in Tokyo Lifestyle stock. Susquehanna International Group LLP acquired a new stake in shares of Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 77,482 shares of the company’s stock, valued at approximately $298,000. Susquehanna International Group LLP owned 1.83% of Tokyo Lifestyle at the end of the most recent quarter.

About Tokyo Lifestyle

Yoshitsu Co, Ltd engages in the retail and wholesale of beauty, health, and other products. It offers beauty products, such as cosmetics comprising of foundation, powder, concealer, makeup remover, eyeliner, eye shadow, brow powder, brow pencil, mascara, lip gloss, lipstick, and nail polish; skin care products consisting of facial cleanser, whitening products, sun block, moisturizer, facial mask, eye mask, eye gel, and exfoliating; and cosmetic applicators, such as brush, puff, curler, hair iron, and shaver products.