Tilly's CEO Daniel Griesemer Acquires 25,000 Shares (TLYS)
Tilly's (NASDAQ:TLYS) CEO Daniel Griesemer purchased 25,000 shares of Tilly's stock in a transaction dated Thursday, June 26th. The shares were purchased at an average cost of $7.79 per share, with a total value of $194,750.00. Following the transaction, the chief executive officer now directly owns 25,000 shares of the company’s stock, valued at approximately $194,750. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on TLYS. Analysts at Roth Capital reiterated a “buy” rating on shares of Tilly's in a research note on Thursday, May 29th. They now have a $9.00 price target on the stock, down previously from $15.00. Separately, analysts at Goldman Sachs cut their price target on shares of Tilly's from $11.00 to $10.00 in a research note on Thursday, May 29th. They now have a “neutral” rating on the stock. Finally, analysts at SunTrust cut their price target on shares of Tilly's from $13.00 to $9.00 in a research note on Thursday, May 29th. They now have a “neutral” rating on the stock. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $12.36.
Shares of Tilly's (NASDAQ:TLYS) traded up 2.30% during mid-day trading on Friday, hitting $7.99. 79,649 shares of the company’s stock traded hands. Tilly's has a 1-year low of $7.71 and a 1-year high of $17.35. The stock has a 50-day moving average of $9.37 and a 200-day moving average of $10.89. The company has a market cap of $224.0 million and a P/E ratio of 13.26.
Tilly's (NASDAQ:TLYS) last announced its earnings results on Wednesday, May 28th. The company reported $0.02 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.02. The company had revenue of $111.10 million for the quarter, compared to the consensus estimate of $113.22 million. During the same quarter last year, the company posted $0.08 earnings per share. Tilly's’s revenue was up 1.8% compared to the same quarter last year. On average, analysts predict that Tilly's will post $0.49 earnings per share for the current fiscal year.
Tilly’s, Inc is a specialty retailer of West Coast apparel, footwear and accessories. The Company has brands in action sports, music, art and fashion.
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