Fund 1 Investments, Llc Acquires 30,162 Shares of Tilly’s, Inc. (NYSE:TLYS) Stock

Tilly’s, Inc. (NYSE:TLYS – Get Rating) major shareholder Fund 1 Investments, Llc purchased 30,162 shares of the stock in a transaction that occurred on Monday, May 22nd. The stock was bought at an average cost of $7.28 per share, with a total value of $219,579.36. Following the acquisition, the insider now owns 3,488,652 shares of the company’s stock, valued at $25,397,386.56. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Major shareholders that own at least 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 Wednesday, May 24th, Fund 1 Investments, Llc acquired 10,000 shares of Tilly’s stock. The stock was acquired at an average cost of $7.64 per share, for a total transaction of $76,400.00.
• On Monday, May 8th, Fund 1 Investments, Llc acquired 5,000 shares of Tilly’s stock. The stock was acquired at an average cost of $7.73 per share, for a total transaction of $38,650.00.
• On Friday, May 5th, Fund 1 Investments, Llc acquired 73,000 shares of Tilly’s stock. The stock was acquired at an average cost of $7.65 per share, for a total transaction of $558,450.00.
• On Friday, April 28th, Fund 1 Investments, Llc acquired 47,895 shares of Tilly’s stock. The stock was acquired at an average cost of $7.50 per share, for a total transaction of $359,212.50.
• On Wednesday, April 26th, Fund 1 Investments, Llc acquired 114,289 shares of Tilly’s stock. The stock was acquired at an average cost of $7.10 per share, for a total transaction of $811,451.90.
• On Monday, April 17th, Fund 1 Investments, Llc acquired 7,000 shares of Tilly’s stock. The stock was acquired at an average cost of $7.76 per share, for a total transaction of $54,320.00.
• On Thursday, April 13th, Fund 1 Investments, Llc acquired 131,930 shares of Tilly’s stock. The stock was acquired at an average cost of $7.61 per share, for a total transaction of $1,003,987.30.
• On Monday, April 3rd, Fund 1 Investments, Llc purchased 44,000 shares of Tilly’s stock. The shares were purchased at an average cost of $7.60 per share, for a total transaction of $334,400.00.
• On Thursday, March 30th, Fund 1 Investments, Llc purchased 150,000 shares of Tilly’s stock. The shares were purchased at an average cost of $7.51 per share, for a total transaction of $1,126,500.00.
• On Tuesday, March 28th, Fund 1 Investments, Llc purchased 35,000 shares of Tilly’s stock. The shares were purchased at an average cost of $7.12 per share, for a total transaction of $249,200.00.

Tilly’s Trading Up 1.8 %

TLYS opened at $7.78 on Friday. The stock has a market capitalization of $232.47 million, a P/E ratio of 22.88 and a beta of 1.72. Tilly’s, Inc. has a 12 month low of $6.65 and a 12 month high of $10.35. The firm’s fifty day simple moving average is $7.54 and its 200 day simple moving average is $8.41.

Tilly’s (NYSE:TLYS – Get Rating) last posted its quarterly earnings data on Thursday, March 9th. The specialty retailer reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.04. The business had revenue of $180.35 million for the quarter, compared to analysts’ expectations of $178.96 million. Tilly’s had a net margin of 1.50% and a return on equity of 5.83%. On average, equities research analysts predict that Tilly’s, Inc. will post -0.11 EPS for the current fiscal year.

Institutional Investors Weigh In On Tilly’s

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TLYS. Advisor Group Holdings Inc. increased its stake in Tilly’s by 11,387.1% in the 1st quarter. Advisor Group Holdings Inc. now owns 7,122 shares of the specialty retailer’s stock valued at $67,000 after buying an additional 7,060 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Tilly’s by 3.0% in the 1st 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. increased its stake in Tilly’s by 25.8% in the 1st 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 increased its stake in Tilly’s by 1.6% in the 1st 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 1st quarter. Vanguard Group Inc. now owns 1,207,259 shares of the specialty retailer’s stock valued at $11,300,000 after buying an additional 43,374 shares during the last quarter. 58.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TLYS has been the topic of a number of recent analyst reports. StockNews.com initiated coverage on shares of Tilly’s in a research report on Thursday, May 18th. They set a “hold” rating on the stock. William Blair reissued a “market perform” rating on shares of Tilly’s in a research report on Friday, March 10th. Finally, B. Riley cut their price objective on shares of Tilly’s from $11.00 to $9.00 in a research report on Friday, March 10th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $9.00.

About Tilly’s

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Tilly’s, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.