Tilly’s Inc (TLYS) Major Shareholder Tilly Levine Sells 20,000 Shares of Stock

Tilly’s Inc (NYSE:TLYS) major shareholder Tilly Levine sold 20,000 shares of the company’s stock in a transaction dated Thursday, June 28th. The stock was sold at an average price of $15.11, for a total value of $302,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Tilly Levine also recently made the following trade(s):

  • On Friday, June 22nd, Tilly Levine sold 10,000 shares of Tilly’s stock. The stock was sold at an average price of $14.68, for a total value of $146,800.00.
  • On Wednesday, June 13th, Tilly Levine sold 20,000 shares of Tilly’s stock. The stock was sold at an average price of $14.87, for a total value of $297,400.00.
  • On Thursday, May 31st, Tilly Levine sold 20,000 shares of Tilly’s stock. The stock was sold at an average price of $12.91, for a total value of $258,200.00.
  • On Tuesday, May 15th, Tilly Levine sold 20,000 shares of Tilly’s stock. The stock was sold at an average price of $11.17, for a total value of $223,400.00.
  • On Friday, April 27th, Tilly Levine sold 20,000 shares of Tilly’s stock. The stock was sold at an average price of $11.38, for a total value of $227,600.00.
  • On Tuesday, April 17th, Tilly Levine sold 10,000 shares of Tilly’s stock. The stock was sold at an average price of $11.94, for a total value of $119,400.00.
  • On Wednesday, April 11th, Tilly Levine sold 20,000 shares of Tilly’s stock. The stock was sold at an average price of $12.02, for a total value of $240,400.00.

Shares of NYSE TLYS traded down $0.07 during mid-day trading on Friday, reaching $15.15. 184,819 shares of the company traded hands, compared to its average volume of 229,966. The firm has a market cap of $445.03 million, a price-to-earnings ratio of 23.31 and a beta of -0.24. Tilly’s Inc has a fifty-two week low of $8.42 and a fifty-two week high of $16.57.

Tilly’s (NYSE:TLYS) last issued its quarterly earnings data on Wednesday, May 30th. The specialty retailer reported $0.04 EPS for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.03. The business had revenue of $123.63 million for the quarter, compared to analyst estimates of $121.86 million. Tilly’s had a return on equity of 11.94% and a net margin of 2.77%. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.01) EPS. analysts predict that Tilly’s Inc will post 0.81 earnings per share for the current year.

Several brokerages have weighed in on TLYS. Zacks Investment Research lowered Tilly’s from a “buy” rating to a “hold” rating in a research report on Friday, March 23rd. B. Riley set a $17.00 target price on Tilly’s and gave the stock a “buy” rating in a research report on Tuesday, May 22nd. TheStreet raised Tilly’s from a “c+” rating to a “b-” rating in a report on Thursday, June 14th. Finally, ValuEngine raised Tilly’s from a “hold” rating to a “buy” rating in a report on Tuesday, June 5th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $16.67.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN increased its holdings in shares of Tilly’s by 50.0% during the 4th quarter. Wells Fargo & Company MN now owns 18,117 shares of the specialty retailer’s stock valued at $268,000 after acquiring an additional 6,037 shares during the last quarter. Federated Investors Inc. PA increased its holdings in shares of Tilly’s by 48.9% during the 1st quarter. Federated Investors Inc. PA now owns 19,207 shares of the specialty retailer’s stock valued at $217,000 after acquiring an additional 6,307 shares during the last quarter. Citadel Advisors LLC increased its holdings in shares of Tilly’s by 40.0% during the 4th quarter. Citadel Advisors LLC now owns 22,617 shares of the specialty retailer’s stock valued at $334,000 after acquiring an additional 6,460 shares during the last quarter. Citigroup Inc. increased its holdings in shares of Tilly’s by 431.3% during the 1st quarter. Citigroup Inc. now owns 11,450 shares of the specialty retailer’s stock valued at $129,000 after acquiring an additional 9,295 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of Tilly’s by 1,159.3% during the 4th quarter. The Manufacturers Life Insurance Company now owns 10,855 shares of the specialty retailer’s stock valued at $160,000 after acquiring an additional 9,993 shares during the last quarter. 46.81% of the stock is currently owned by institutional investors and hedge funds.

About Tilly’s

Tilly's, Inc retails casual apparel, footwear, and accessories for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hats, sunglasses, headphones, handbags, watches, jewelry, and others.

Insider Buying and Selling by Quarter for Tilly`s (NYSE:TLYS)

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