Michael Henry Acquires 12,795 Shares of Tilly’s Inc (NYSE:TLYS) Stock

Tilly’s Inc (NYSE:TLYS) CFO Michael Henry purchased 12,795 shares of the company’s stock in a transaction dated Monday, June 3rd. The shares were bought at an average cost of $7.89 per share, for a total transaction of $100,952.55. Following the acquisition, the chief financial officer now owns 34,290 shares in the company, valued at $270,548.10. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Michael Henry also recently made the following trade(s):

  • On Thursday, April 4th, Michael Henry purchased 4,705 shares of Tilly’s stock. The shares were bought at an average cost of $11.08 per share, for a total transaction of $52,131.40.
  • On Tuesday, March 19th, Michael Henry purchased 2,500 shares of Tilly’s stock. The shares were bought at an average cost of $11.47 per share, for a total transaction of $28,675.00.

Tilly’s stock traded down $0.15 during mid-day trading on Friday, hitting $7.63. The company had a trading volume of 757,054 shares, compared to its average volume of 441,642. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.65 and a quick ratio of 1.11. The stock has a market cap of $229.68 million, a P/E ratio of 9.54, a price-to-earnings-growth ratio of 0.95 and a beta of 0.77. The firm’s fifty day moving average is $9.14. Tilly’s Inc has a 12-month low of $7.63 and a 12-month high of $25.46.

Tilly’s (NYSE:TLYS) last announced its earnings results on Wednesday, May 29th. The specialty retailer reported $0.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.01. Tilly’s had a return on equity of 14.25% and a net margin of 4.21%. The business had revenue of $460.30 million during the quarter, compared to the consensus estimate of $128.84 million. During the same period in the prior year, the company posted $0.04 EPS. The business’s quarterly revenue was up 272.4% on a year-over-year basis. On average, sell-side analysts expect that Tilly’s Inc will post 0.74 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of TLYS. RK Capital Management LLC raised its stake in Tilly’s by 23.6% during the first quarter. RK Capital Management LLC now owns 418,300 shares of the specialty retailer’s stock valued at $4,656,000 after buying an additional 80,000 shares in the last quarter. Kennedy Capital Management Inc. bought a new position in Tilly’s in the 1st quarter worth approximately $4,462,000. Globeflex Capital L P grew its holdings in Tilly’s by 18.1% in the 1st quarter. Globeflex Capital L P now owns 53,944 shares of the specialty retailer’s stock worth $600,000 after buying an additional 8,277 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Tilly’s by 11.6% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 208,457 shares of the specialty retailer’s stock worth $2,320,000 after buying an additional 21,650 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust grew its holdings in Tilly’s by 0.5% in the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 658,610 shares of the specialty retailer’s stock worth $7,330,000 after buying an additional 3,500 shares in the last quarter. 72.57% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have recently weighed in on the stock. ValuEngine upgraded shares of Tilly’s from a “sell” rating to a “hold” rating in a research note on Tuesday, March 19th. Zacks Investment Research cut shares of Tilly’s from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th. Pivotal Research reissued a “buy” rating and issued a $14.00 target price on shares of Tilly’s in a report on Monday, March 11th. Finally, B. Riley set a $18.00 target price on shares of Tilly’s and gave the company a “buy” rating in a report on Monday, May 20th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $15.00.

Tilly’s Company Profile

Tilly's, Inc retails casual apparel, footwear, and accessories 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, hats, sunglasses, headphones, handbags, watches, jewelry, and others.

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Insider Buying and Selling by Quarter for Tilly`s (NYSE:TLYS)

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