B. Riley Lowers Tilly’s (NYSE:TLYS) Price Target to $6.00

Tilly’s (NYSE:TLYS) had its price objective cut by B. Riley from $7.00 to $6.00 in a report released on Friday, Benzinga reports. They currently have a neutral rating on the specialty retailer’s stock.

TLYS has been the topic of a number of other reports. Roth Mkm reduced their target price on shares of Tilly’s from $7.50 to $6.00 and set a neutral rating on the stock in a report on Friday, June 7th. StockNews.com lowered shares of Tilly’s from a hold rating to a sell rating in a report on Monday, June 10th.

Tilly’s Trading Up 0.4 %

Shares of TLYS stock opened at $4.56 on Friday. The business’s 50-day moving average price is $5.31 and its 200-day moving average price is $5.87. Tilly’s has a 12 month low of $4.37 and a 12 month high of $8.82. The firm has a market capitalization of $137.16 million, a price-to-earnings ratio of -3.23 and a beta of 1.56.

Insider Buying and Selling

In other news, major shareholder Fund 1 Investments, Llc acquired 100,000 shares of Tilly’s stock in a transaction dated Thursday, June 27th. The shares were bought at an average cost of $5.14 per share, with a total value of $514,000.00. Following the purchase, the insider now owns 5,585,169 shares in the company, valued at approximately $28,707,768.66. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. In other Tilly’s news, Director Janet Kerr sold 20,000 shares of the stock in a transaction dated Friday, July 5th. The stock was sold at an average price of $5.38, for a total transaction of $107,600.00. Following the completion of the sale, the director now directly owns 28,996 shares in the company, valued at approximately $155,998.48. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Fund 1 Investments, Llc acquired 100,000 shares of the company’s stock in a transaction dated Thursday, June 27th. The stock was acquired at an average cost of $5.14 per share, for a total transaction of $514,000.00. Following the completion of the purchase, the insider now directly owns 5,585,169 shares in the company, valued at $28,707,768.66. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 372,118 shares of company stock valued at $2,021,693 and have sold 30,375 shares valued at $162,049. 27.14% of the stock is owned by insiders.

Institutional Investors Weigh In On Tilly’s

Several large investors have recently added to or reduced their stakes in TLYS. First Eagle Investment Management LLC boosted its stake in Tilly’s by 7.4% during the fourth quarter. First Eagle Investment Management LLC now owns 376,233 shares of the specialty retailer’s stock worth $2,837,000 after acquiring an additional 26,081 shares in the last quarter. Fund 1 Investments LLC raised its holdings in shares of Tilly’s by 3.7% during the fourth quarter. Fund 1 Investments LLC now owns 6,624,603 shares of the specialty retailer’s stock valued at $49,950,000 after purchasing an additional 236,800 shares during the period. Sierra Summit Advisors LLC acquired a new stake in shares of Tilly’s in the 4th quarter valued at about $222,000. BNP Paribas Financial Markets increased its position in Tilly’s by 61.0% in the 1st quarter. BNP Paribas Financial Markets now owns 10,655 shares of the specialty retailer’s stock valued at $72,000 after buying an additional 4,035 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Tilly’s by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 1,282,467 shares of the specialty retailer’s stock worth $8,721,000 after buying an additional 8,547 shares during the period. Institutional investors and hedge funds own 76.38% of the company’s stock.

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.