Tilly’s, Inc. (NYSE:TLYS – Get Free Report) major shareholder Shay Capital Llc sold 20,000 shares of Tilly’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $3.70, for a total transaction of $74,000.00. Following the sale, the insider owned 2,315,000 shares of the company’s stock, valued at $8,565,500. The trade was a 0.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s stock 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 transaction of $2,613,750.00.
Tilly’s Price Performance
Shares of TLYS stock opened at $4.19 on Friday. The company has a market capitalization of $127.64 million, a P/E ratio of -7.10 and a beta of 1.15. The company’s 50-day simple moving average is $1.92 and its two-hundred day simple moving average is $1.79. Tilly’s, Inc. has a one year low of $0.57 and a one year high of $4.47.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Tilly’s in a research report on Monday, December 22nd. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $2.00.
Get Our Latest Research Report on Tilly’s
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Qube Research & Technologies Ltd bought a new stake in shares of Tilly’s in the 2nd quarter valued at about $27,000. AFG Fiduciary Services Limited Partnership bought a new position in shares of Tilly’s during the third quarter valued at approximately $41,000. Corient Private Wealth LLC purchased a new position in Tilly’s during the second quarter valued at approximately $48,000. Kathmere Capital Management LLC purchased a new position in Tilly’s during the third quarter valued at approximately $52,000. Finally, Marshall Wace LLP purchased a new position in Tilly’s during the second quarter valued at approximately $70,000. Hedge funds and other institutional investors own 76.38% of the company’s stock.
About Tilly’s
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.
Further Reading
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