Jonathon David Kosoff Sells 12,500 Shares of Tilly’s, Inc. (NYSE:TLYS) Stock

Tilly’s, Inc. (NYSE:TLYS – Get Rating) insider Jonathon David Kosoff sold 12,500 shares of Tilly’s stock in a transaction on Tuesday, December 6th. The shares were sold at an average price of $9.55, for a total transaction of $119,375.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Tilly’s Stock Up 0.8 %

Tilly’s stock opened at $9.64 on Friday. The business has a 50-day simple moving average of $8.69 and a two-hundred day simple moving average of $8.00. The company has a market cap of $290.26 million, a P/E ratio of 13.58 and a beta of 1.81. Tilly’s, Inc. has a 52-week low of $6.65 and a 52-week high of $16.95.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its stake in shares of Tilly’s by 15.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,320 shares of the specialty retailer’s stock valued at $86,000 after acquiring an additional 1,689 shares during the period. Nuveen Asset Management LLC boosted its stake in Tilly’s by 2.9% in the 3rd quarter. Nuveen Asset Management LLC now owns 79,694 shares of the specialty retailer’s stock worth $551,000 after purchasing an additional 2,238 shares during the period. Amalgamated Bank bought a new position in Tilly’s in the 1st quarter worth approximately $26,000. BNP Paribas Arbitrage SNC boosted its stake in Tilly’s by 34.2% in the 3rd quarter. BNP Paribas Arbitrage SNC now owns 13,285 shares of the specialty retailer’s stock worth $92,000 after purchasing an additional 3,388 shares during the period. Finally, Rhumbline Advisers boosted its stake in Tilly’s by 14.3% in the 2nd quarter. Rhumbline Advisers now owns 32,740 shares of the specialty retailer’s stock worth $230,000 after purchasing an additional 4,085 shares during the period. 60.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

TLYS has been the topic of several recent analyst reports. Seaport Res Ptn cut shares of Tilly’s from a “buy” rating to a “neutral” rating in a report on Friday, September 2nd. StockNews.com started coverage on Tilly’s in a research report on Wednesday, October 12th. They set a “hold” rating for the company. Roth Capital lowered their price objective on Tilly’s from $10.00 to $9.00 and set a “buy” rating for the company in a research report on Friday, September 2nd. Finally, B. Riley raised their price objective on Tilly’s from $10.00 to $11.00 in a research report on Friday, December 2nd. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $10.00.

About Tilly’s

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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, 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, bikes, roller-skates, and equipment for snowboarding and surfing.