Insider Selling: Tilly’s (NYSE:TLYS) Major Shareholder Sells $1,940,173.90 in Stock

Tilly’s, Inc. (NYSE:TLYS) major shareholder Fund 1 Investments, Llc sold 432,110 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $4.49, for a total value of $1,940,173.90. Following the completion of the sale, the insider directly owned 5,981,903 shares of the company’s stock, valued at approximately $26,858,744.47. This trade represents a 6.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more 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 Tuesday, September 8th, Fund 1 Investments, Llc sold 179,970 shares of Tilly’s stock. The stock was sold at an average price of $4.17, for a total value of $750,474.90.
• On Thursday, September 3rd, Fund 1 Investments, Llc sold 1,644,255 shares of Tilly’s stock. The stock was sold at an average price of $4.49, for a total transaction of $7,382,704.95.

Tilly’s Price Performance

Shares of TLYS stock opened at $4.28 on Friday. The firm has a 50-day moving average of $4.00 and a 200-day moving average of $3.96. Tilly’s, Inc. has a one year low of $1.14 and a one year high of $6.25. The company has a market cap of $130.42 million, a P/E ratio of 71.32 and a beta of 0.13.

Tilly’s (NYSE:TLYS) last issued its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.10. Tilly’s had a net margin of 0.34% and a return on equity of 2.37%. The business had revenue of $163.51 million during the quarter, compared to the consensus estimate of $157.00 million. Tilly’s has set its Q3 2026 guidance at 0.070-0.120 EPS. As a group, research analysts expect that Tilly’s, Inc. will post 0.08 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Tilly’s

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TLYS. Qube Research & Technologies Ltd purchased a new position in shares of Tilly’s in the second quarter worth about $27,000. Bank of America Corp DE boosted its holdings in Tilly’s by 128.3% in the 1st quarter. Bank of America Corp DE now owns 11,732 shares of the specialty retailer’s stock worth $48,000 after buying an additional 6,593 shares during the period. Corient Private Wealth LLC bought a new position in Tilly’s in the 2nd quarter worth approximately $48,000. Marshall Wace LLP purchased a new position in Tilly’s in the 2nd quarter valued at approximately $70,000. Finally, CIBC Bancorp USA Inc. purchased a new position in Tilly’s in the 3rd quarter valued at approximately $82,000. Institutional investors own 76.38% of the company’s stock.

Wall Street Analysts Forecast Growth

TLYS has been the subject of several research analyst reports. Roth Capital restated a “neutral” rating and set a $5.50 price target on shares of Tilly’s in a research note on Monday, June 8th. Weiss Ratings upgraded Tilly’s from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday. Zacks Research raised Tilly’s from a “hold” rating to a “strong-buy” rating in a report on Monday. Finally, Wall Street Zen raised Tilly’s from a “hold” rating to a “buy” rating in a research report on Saturday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Tilly’s currently has an average rating of “Moderate Buy” and an average target price of $5.50.

About Tilly’s

Tilly’s, Inc is an American specialty retailer of casual apparel, footwear, accessories and hardgoods. Founded in 1982 by Hezy Shaked and Tilly Levine, the company has grown from a single denim and tops store in Garden Grove, California, to a nationwide retail chain. Headquartered in Irvine, California, Tilly’s serves a youth-oriented market with an emphasis on surf, skate and streetwear brands.

The company’s merchandise assortment includes products from leading lifestyle brands such as Vans, Nike, Billabong and Quiksilver, alongside its own private-label offerings.