Fund 1 Investments, Llc Purchases 126,324 Shares of Tilly’s, Inc. (NYSE:TLYS) Stock

Tilly’s, Inc. (NYSE:TLYS) major shareholder Fund 1 Investments, Llc acquired 126,324 shares of Tilly’s stock in a transaction that occurred on Monday, July 1st. The shares were bought at an average cost of $5.54 per share, with a total value of $699,834.96. Following the transaction, the insider now owns 5,784,728 shares in the company, valued at $32,047,393.12. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

• On Thursday, June 27th, Fund 1 Investments, Llc purchased 100,000 shares of Tilly’s stock. The shares were bought at an average price of $5.14 per share, with a total value of $514,000.00.

Tilly’s Stock Performance

NYSE TLYS opened at $5.50 on Wednesday. The company has a market capitalization of $165.44 million, a price-to-earnings ratio of -3.90 and a beta of 1.50. The stock has a 50-day moving average of $5.67 and a 200 day moving average of $6.59. Tilly’s, Inc. has a one year low of $4.85 and a one year high of $9.50.

Tilly’s (NYSE:TLYS) last announced its quarterly earnings results on Thursday, June 6th. The specialty retailer reported ($0.48) EPS for the quarter, missing analysts’ consensus estimates of ($0.46) by ($0.02). The company had revenue of $115.86 million during the quarter, compared to the consensus estimate of $115.57 million. Tilly’s had a negative return on equity of 14.38% and a negative net margin of 6.85%. On average, equities analysts predict that Tilly’s, Inc. will post -0.83 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TLYS. B. Riley cut their price objective on shares of Tilly’s from $8.25 to $7.00 and set a “neutral” rating on the stock in a research report on Friday, June 7th. Roth Mkm cut their price target on shares of Tilly’s from $7.50 to $6.00 and set a “neutral” rating on the stock in a report on Friday, June 7th. Finally, StockNews.com lowered shares of Tilly’s from a “hold” rating to a “sell” rating in a report on Monday, June 10th.

Institutional Investors Weigh In On Tilly’s

Hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC grew its holdings in shares of Tilly’s by 461.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,300 shares of the specialty retailer’s stock worth $55,000 after acquiring an additional 6,000 shares during the period. BNP Paribas Financial Markets boosted its position in Tilly’s by 61.0% in the first quarter. BNP Paribas Financial Markets now owns 10,655 shares of the specialty retailer’s stock worth $72,000 after purchasing an additional 4,035 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Tilly’s during the 4th quarter valued at about $91,000. Sierra Summit Advisors LLC purchased a new stake in shares of Tilly’s during the 4th quarter valued at about $222,000. Finally, First Eagle Investment Management LLC lifted its stake in shares of Tilly’s by 7.4% in the 4th quarter. First Eagle Investment Management LLC now owns 376,233 shares of the specialty retailer’s stock worth $2,837,000 after purchasing an additional 26,081 shares during the period. 76.38% of the stock is currently owned by hedge funds and other institutional investors.

About Tilly’s

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.