Tokyo Lifestyle (NASDAQ:TKLF) Director Mei Kanayama Acquires 7,000 Shares

Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) Director Mei Kanayama purchased 7,000 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was purchased at an average cost of $1.80 per share, with a total value of $12,600.00. Following the completion of the acquisition, the director owned 172,016 shares in the company, valued at approximately $309,628.80. This trade represents a 4.24% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Mei Kanayama also recently made the following trade(s):

• On Monday, August 24th, Mei Kanayama purchased 2,800 shares of Tokyo Lifestyle stock. The stock was purchased at an average cost of $1.80 per share, for a total transaction of $5,040.00.

Tokyo Lifestyle Trading Up 0.6%

NASDAQ:TKLF opened at $1.79 on Thursday. Tokyo Lifestyle Co., Ltd. has a 52-week low of $1.69 and a 52-week high of $4.32. The stock has a fifty day moving average of $2.02 and a 200 day moving average of $2.26. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.30 and a quick ratio of 1.22.

Tokyo Lifestyle (NASDAQ:TKLF) last announced its earnings results on Friday, June 12th. The company reported $0.20 earnings per share for the quarter. The business had revenue of $91.40 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Tokyo Lifestyle from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, July 16th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Tokyo Lifestyle presently has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Tokyo Lifestyle stock. Susquehanna International Group LLP purchased a new stake in shares of Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 77,482 shares of the company’s stock, valued at approximately $298,000. Susquehanna International Group LLP owned approximately 1.83% of Tokyo Lifestyle as of its most recent SEC filing.

Tokyo Lifestyle Company Profile

Yoshitsu Co, Ltd engages in the retail and wholesale of beauty, health, and other products. It offers beauty products, such as cosmetics comprising of foundation, powder, concealer, makeup remover, eyeliner, eye shadow, brow powder, brow pencil, mascara, lip gloss, lipstick, and nail polish; skin care products consisting of facial cleanser, whitening products, sun block, moisturizer, facial mask, eye mask, eye gel, and exfoliating; and cosmetic applicators, such as brush, puff, curler, hair iron, and shaver products.