Tilly’s, Inc. (NYSE:TLYS) Shares Purchased by First Eagle Investment Management LLC

First Eagle Investment Management LLC grew its position in shares of Tilly’s, Inc. (NYSE:TLYS) by 2.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 438,157 shares of the specialty retailer’s stock after acquiring an additional 9,500 shares during the quarter. First Eagle Investment Management LLC’s holdings in Tilly’s were worth $2,642,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rothschild Investment LLC purchased a new stake in shares of Tilly’s during the 2nd quarter worth about $39,000. BNP Paribas Financial Markets lifted its position in Tilly’s by 61.0% during the first quarter. BNP Paribas Financial Markets now owns 10,655 shares of the specialty retailer’s stock valued at $72,000 after buying an additional 4,035 shares in the last quarter. Sierra Summit Advisors LLC purchased a new stake in Tilly’s during the fourth quarter worth approximately $222,000. Vanguard Group Inc. increased its position in shares of Tilly’s by 0.7% in the first quarter. Vanguard Group Inc. now owns 1,282,467 shares of the specialty retailer’s stock worth $8,721,000 after acquiring an additional 8,547 shares in the last quarter. Finally, Fund 1 Investments LLC raised its stake in shares of Tilly’s by 3.7% in the 4th quarter. Fund 1 Investments LLC now owns 6,624,603 shares of the specialty retailer’s stock valued at $49,950,000 after acquiring an additional 236,800 shares during the period. 76.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. B. Riley decreased their price target on shares of Tilly’s from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Friday, September 6th. Roth Mkm decreased their target price on Tilly’s from $7.50 to $6.00 and set a “neutral” rating for the company in a research report on Friday, June 7th. Finally, StockNews.com upgraded Tilly’s from a “sell” rating to a “hold” rating in a report on Friday, September 6th.

Tilly’s Price Performance

Tilly’s stock opened at $4.82 on Friday. Tilly’s, Inc. has a 12-month low of $4.37 and a 12-month high of $8.82. The company has a market capitalization of $145.32 million, a price-to-earnings ratio of -3.42 and a beta of 1.55. The firm’s fifty day moving average price is $5.17 and its 200 day moving average price is $5.72.

Insider Activity

In related news, Director Seth R. Johnson sold 5,227 shares of the business’s stock in a transaction dated Tuesday, June 25th. The stock was sold at an average price of $5.00, for a total value of $26,135.00. Following the transaction, the director now owns 98,493 shares in the company, valued at $492,465. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Tilly’s news, Director Seth R. Johnson sold 5,148 shares of the firm’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $5.50, for a total transaction of $28,314.00. Following the completion of the transaction, the director now directly owns 93,345 shares of the company’s stock, valued at approximately $513,397.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Seth R. Johnson sold 5,227 shares of the business’s stock in a transaction dated Tuesday, June 25th. The stock was sold at an average price of $5.00, for a total transaction of $26,135.00. Following the completion of the sale, the director now directly owns 98,493 shares of the company’s stock, valued at approximately $492,465. The disclosure for this sale can be found here. Over the last ninety days, insiders acquired 367,118 shares of company stock worth $1,996,643 and sold 30,375 shares worth $162,049. Insiders own 27.14% of the company’s stock.

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.