Fund 1 Investments, Llc Purchases 49,500 Shares of Tilly’s, Inc. (NYSE:TLYS) Stock

Tilly’s, Inc. (NYSE:TLYS) major shareholder Fund 1 Investments, Llc purchased 49,500 shares of the company’s stock in a transaction that occurred on Monday, March 18th. The shares were purchased at an average price of $6.84 per share, for a total transaction of $338,580.00. Following the transaction, the insider now owns 5,485,169 shares of the company’s stock, valued at approximately $37,518,555.96. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Thursday, March 14th, Fund 1 Investments, Llc purchased 23,892 shares of Tilly’s stock. The stock was acquired at an average cost of $7.13 per share, for a total transaction of $170,349.96.
• On Monday, March 4th, Fund 1 Investments, Llc bought 10,000 shares of Tilly’s stock. The shares were purchased at an average cost of $7.66 per share, for a total transaction of $76,600.00.
• On Thursday, February 29th, Fund 1 Investments, Llc bought 21,000 shares of Tilly’s stock. The shares were purchased at an average cost of $7.68 per share, for a total transaction of $161,280.00.
• On Friday, February 23rd, Fund 1 Investments, Llc purchased 24,000 shares of Tilly’s stock. The stock was bought at an average cost of $7.30 per share, for a total transaction of $175,200.00.
• On Wednesday, February 21st, Fund 1 Investments, Llc acquired 32,500 shares of Tilly’s stock. The stock was acquired at an average price of $6.99 per share, with a total value of $227,175.00.
• On Tuesday, February 13th, Fund 1 Investments, Llc acquired 26,000 shares of Tilly’s stock. The stock was acquired at an average price of $7.45 per share, with a total value of $193,700.00.
• On Friday, February 9th, Fund 1 Investments, Llc acquired 23,500 shares of Tilly’s stock. The stock was acquired at an average price of $7.47 per share, with a total value of $175,545.00.
• On Friday, February 2nd, Fund 1 Investments, Llc purchased 56,778 shares of Tilly’s stock. The shares were purchased at an average price of $7.51 per share, with a total value of $426,402.78.
• On Wednesday, January 31st, Fund 1 Investments, Llc purchased 30,650 shares of Tilly’s stock. The shares were purchased at an average price of $7.34 per share, with a total value of $224,971.00.
• On Monday, January 29th, Fund 1 Investments, Llc acquired 18,000 shares of Tilly’s stock. The shares were bought at an average price of $7.42 per share, with a total value of $133,560.00.

Tilly’s Trading Down 1.9 %

Shares of Tilly’s stock traded down $0.13 during mid-day trading on Monday, hitting $6.80. 138,821 shares of the stock were exchanged, compared to its average volume of 100,297. Tilly’s, Inc. has a twelve month low of $6.05 and a twelve month high of $9.50. The stock has a market capitalization of $203.80 million, a price-to-earnings ratio of -5.86 and a beta of 1.59. The company has a 50-day simple moving average of $7.41 and a 200 day simple moving average of $7.80.

Tilly’s (NYSE:TLYS) last released its quarterly earnings data on Thursday, March 14th. The specialty retailer reported ($0.17) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.05. The firm had revenue of $173.02 million during the quarter, compared to the consensus estimate of $171.65 million. Tilly’s had a negative net margin of 5.54% and a negative return on equity of 11.57%. Equities research analysts forecast that Tilly’s, Inc. will post -0.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TLYS has been the subject of several recent analyst reports. Roth Capital downgraded shares of Tilly’s from a “buy” rating to a “neutral” rating in a research report on Monday, December 4th. StockNews.com downgraded shares of Tilly’s from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. B. Riley cut their price objective on shares of Tilly’s from $8.75 to $8.25 and set a “neutral” rating for the company in a research report on Friday. Finally, Roth Mkm cut their price objective on shares of Tilly’s from $8.50 to $7.50 and set a “neutral” rating for the company in a research report on Friday. One investment analyst has rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to MarketBeat, Tilly’s has a consensus rating of “Hold” and an average target price of $7.88.

Institutional Investors Weigh In On Tilly’s

Hedge funds have recently added to or reduced their stakes in the stock. Advisor Group Holdings Inc. grew its stake in Tilly’s by 11,387.1% during the 1st quarter. Advisor Group Holdings Inc. now owns 7,122 shares of the specialty retailer’s stock valued at $67,000 after acquiring an additional 7,060 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Tilly’s by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 150,050 shares of the specialty retailer’s stock valued at $1,405,000 after buying an additional 4,315 shares during the last quarter. American Century Companies Inc. raised its position in shares of Tilly’s by 25.8% during the first quarter. American Century Companies Inc. now owns 95,820 shares of the specialty retailer’s stock valued at $897,000 after buying an additional 19,659 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Tilly’s by 1.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,706,085 shares of the specialty retailer’s stock valued at $15,969,000 after buying an additional 26,857 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in Tilly’s by 3.7% in the first quarter. Vanguard Group Inc. now owns 1,207,259 shares of the specialty retailer’s stock valued at $11,300,000 after acquiring an additional 43,374 shares during the period. 78.84% of the stock is currently owned by institutional investors.

Tilly’s Company Profile

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, as well as hardgoods consists of skateboards, longboards, and related equipment for skateboarding, snowboarding, and surfing.