Tilly’s, Inc. (NYSE:TLYS) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC cut its stake in Tilly’s, Inc. (NYSE:TLYS) by 1.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 901,912 shares of the specialty retailer’s stock after selling 13,200 shares during the period. Renaissance Technologies LLC owned approximately 3.00% of Tilly’s worth $5,439,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of TLYS. Fund 1 Investments LLC boosted its holdings in shares of Tilly’s by 3.7% in the 4th quarter. Fund 1 Investments LLC now owns 6,624,603 shares of the specialty retailer’s stock valued at $49,950,000 after purchasing an additional 236,800 shares during the last quarter. First Eagle Investment Management LLC boosted its holdings in Tilly’s by 13.9% in the first quarter. First Eagle Investment Management LLC now owns 428,657 shares of the specialty retailer’s stock valued at $2,915,000 after acquiring an additional 52,424 shares during the last quarter. Sierra Summit Advisors LLC purchased a new stake in Tilly’s during the fourth quarter valued at about $222,000. Vanguard Group Inc. increased its stake in Tilly’s by 0.7% during the first quarter. Vanguard Group Inc. now owns 1,282,467 shares of the specialty retailer’s stock worth $8,721,000 after acquiring an additional 8,547 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new position in shares of Tilly’s in the 2nd quarter worth about $39,000. 76.38% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other news, Director Janet Kerr sold 20,000 shares of the company’s stock in a transaction on Friday, July 5th. The shares were sold at an average price of $5.38, for a total value of $107,600.00. Following the completion of the transaction, the director now directly owns 28,996 shares in the company, valued at $155,998.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Tilly’s news, major shareholder Fund 1 Investments, Llc bought 126,324 shares of Tilly’s stock in a transaction dated Monday, July 1st. The stock was bought at an average cost of $5.54 per share, for a total transaction of $699,834.96. Following the purchase, the insider now owns 5,784,728 shares in the company, valued at approximately $32,047,393.12. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Janet Kerr sold 20,000 shares of Tilly’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of $5.38, for a total transaction of $107,600.00. Following the completion of the sale, the director now owns 28,996 shares of the company’s stock, valued at approximately $155,998.48. The disclosure for this sale can be found here. Insiders purchased a total of 267,118 shares of company stock worth $1,482,643 in the last 90 days. 27.14% of the stock is owned by company insiders.

Tilly’s Price Performance

Shares of NYSE TLYS opened at $4.69 on Friday. Tilly’s, Inc. has a 1-year low of $4.37 and a 1-year high of $8.82. The company has a market capitalization of $141.40 million, a price-to-earnings ratio of -3.33 and a beta of 1.55. The business has a 50-day moving average of $5.08 and a 200-day moving average of $5.64.

Tilly’s 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.