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

Tilly’s, Inc. (NYSE:TLYS) major shareholder Fund 1 Investments, Llc bought 100,000 shares of the firm’s stock in a transaction dated Thursday, June 27th. The shares were acquired at an average price of $5.14 per share, with a total value of $514,000.00. Following the purchase, the insider now directly owns 5,585,169 shares of the company’s stock, valued at approximately $28,707,768.66. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Monday, July 1st, Fund 1 Investments, Llc acquired 126,324 shares of Tilly’s stock. The shares were bought at an average cost of $5.54 per share, with a total value of $699,834.96.

Tilly’s Price Performance

Tilly’s stock opened at $5.56 on Tuesday. The stock’s 50 day moving average price is $5.69 and its 200 day moving average price is $6.60. Tilly’s, Inc. has a 1-year low of $4.85 and a 1-year high of $9.50. The company has a market cap of $167.24 million, a PE ratio of -3.94 and a beta of 1.50.

Tilly’s (NYSE:TLYS) last released its earnings results on Thursday, June 6th. The specialty retailer reported ($0.48) EPS for the quarter, missing analysts’ consensus estimates of ($0.46) by ($0.02). Tilly’s had a negative net margin of 6.85% and a negative return on equity of 14.38%. The business had revenue of $115.86 million during the quarter, compared to analyst estimates of $115.57 million. On average, equities research analysts anticipate that Tilly’s, Inc. will post -0.83 EPS for the current fiscal year.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fund 1 Investments LLC boosted its stake in shares of Tilly’s by 3.7% during the 4th quarter. Fund 1 Investments LLC now owns 6,624,603 shares of the specialty retailer’s stock worth $49,950,000 after acquiring an additional 236,800 shares in the last quarter. SG Americas Securities LLC acquired a new position in Tilly’s during the fourth quarter worth $91,000. Sierra Summit Advisors LLC purchased a new stake in Tilly’s during the fourth quarter worth $222,000. First Eagle Investment Management LLC grew its holdings in 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 purchasing an additional 26,081 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its position in shares of Tilly’s by 461.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,300 shares of the specialty retailer’s stock valued at $55,000 after buying an additional 6,000 shares in the last quarter. 76.38% of the stock is currently owned by institutional investors and hedge funds.

Tilly’s Company Profile

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.