Tilly’s, Inc. (NYSE:TLYS – Get Free Report) major shareholder Shay Capital Llc sold 20,000 shares of the business’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $3.70, for a total value of $74,000.00. Following the transaction, the insider owned 2,315,000 shares in the company, valued at approximately $8,565,500. This trade represents a 0.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Shay Capital Llc also recently made the following trade(s):
- On Thursday, March 12th, Shay Capital Llc sold 1,025,000 shares of Tilly’s stock. The shares were sold at an average price of $2.55, for a total value of $2,613,750.00.
Tilly’s Stock Performance
Tilly’s stock opened at $4.13 on Thursday. The stock has a market cap of $125.98 million, a PE ratio of -7.01 and a beta of 1.15. The stock has a 50-day moving average of $1.87 and a two-hundred day moving average of $1.77. Tilly’s, Inc. has a one year low of $0.57 and a one year high of $4.47.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Tilly’s in a research report on Monday, December 22nd. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $2.00.
Read Our Latest Research Report on TLYS
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in TLYS. Bank of America Corp DE grew its position in Tilly’s by 31.4% during the 4th quarter. Bank of America Corp DE now owns 17,566 shares of the specialty retailer’s stock worth $75,000 after purchasing an additional 4,193 shares during the period. Qube Research & Technologies Ltd acquired a new position in shares of Tilly’s in the 2nd quarter valued at about $27,000. AFG Fiduciary Services Limited Partnership acquired a new position in shares of Tilly’s in the 3rd quarter valued at about $41,000. Kathmere Capital Management LLC purchased a new stake in shares of Tilly’s in the third quarter worth about $52,000. Finally, Corient Private Wealth LLC purchased a new stake in shares of Tilly’s in the second quarter worth about $48,000. Hedge funds and other institutional investors own 76.38% of the company’s stock.
Tilly’s Company Profile
Tilly’s, Inc is an American specialty retailer of casual apparel, footwear, accessories and hardgoods. Founded in 1982 by Hezy Shaked and Tilly Levine, the company has grown from a single denim and tops store in Garden Grove, California, to a nationwide retail chain. Headquartered in Irvine, California, Tilly’s serves a youth-oriented market with an emphasis on surf, skate and streetwear brands.
The company’s merchandise assortment includes products from leading lifestyle brands such as Vans, Nike, Billabong and Quiksilver, alongside its own private-label offerings.
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