First Eagle Investment Management LLC Increases Stake in Tilly’s, Inc. (NYSE:TLYS)

First Eagle Investment Management LLC grew its position in Tilly’s, Inc. (NYSE:TLYS) by 2.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 438,157 shares of the specialty retailer’s stock after acquiring an additional 9,500 shares during the period. First Eagle Investment Management LLC owned about 1.46% of Tilly’s worth $2,642,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Fund 1 Investments LLC lifted its holdings in Tilly’s by 3.7% in the fourth quarter. Fund 1 Investments LLC now owns 6,624,603 shares of the specialty retailer’s stock valued at $49,950,000 after acquiring an additional 236,800 shares during the period. Sierra Summit Advisors LLC purchased a new position in Tilly’s in the 4th quarter valued at approximately $222,000. Vanguard Group Inc. increased its stake in Tilly’s by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 1,282,467 shares of the specialty retailer’s stock valued at $8,721,000 after purchasing an additional 8,547 shares in the last quarter. Rothschild Investment LLC acquired a new position in Tilly’s during the second quarter worth $39,000. Finally, BNP Paribas Financial Markets boosted its position in Tilly’s by 61.0% during the first 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. 76.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Tilly’s

In other news, major shareholder Fund 1 Investments, Llc bought 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 27th. The shares were purchased at an average price of $5.14 per share, for a total transaction of $514,000.00. Following the completion of the transaction, the insider now owns 5,585,169 shares in the company, valued at $28,707,768.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Tilly’s news, major shareholder Fund 1 Investments, Llc bought 100,000 shares of Tilly’s stock in a transaction that occurred on Thursday, June 27th. The shares were purchased at an average cost of $5.14 per share, for a total transaction 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 approximately $28,707,768.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Janet Kerr sold 20,000 shares of the firm’s stock in a transaction dated Friday, July 5th. The stock was sold at an average price of $5.38, for a total value of $107,600.00. Following the completion of the sale, the director now directly owns 28,996 shares in the company, valued at $155,998.48. The disclosure for this sale can be found here. Over the last ninety days, insiders bought 367,118 shares of company stock worth $1,996,643 and sold 30,375 shares worth $162,049. Insiders own 27.14% of the company’s stock.

Tilly’s Trading Down 4.7 %

Tilly’s stock opened at $4.82 on Friday. The stock has a 50-day moving average price of $5.17 and a 200 day moving average price of $5.72. Tilly’s, Inc. has a 52 week low of $4.37 and a 52 week high of $8.82. The stock has a market cap of $145.32 million, a PE ratio of -3.42 and a beta of 1.55.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TLYS. B. Riley dropped their price target on Tilly’s from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Friday, September 6th. StockNews.com upgraded shares of Tilly’s from a “sell” rating to a “hold” rating in a research report on Friday, September 6th. Finally, Roth Mkm lowered their price target on shares of Tilly’s from $7.50 to $6.00 and set a “neutral” rating on the stock in a research report on Friday, June 7th.

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.