Insider Selling: Tilly's Inc (NYSE:TLYS) CFO Sells 11,405 Shares of Stock

Tilly's Inc (NYSE:TLYS) CFO Michael Henry sold 11,405 shares of Tilly's stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $15.71, for a total value of $179,172.55. Following the sale, the chief financial officer now owns 16,405 shares of the company’s stock, valued at $257,722.55. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of Tilly's Inc (NYSE TLYS) traded down $0.38 during midday trading on Friday, reaching $14.76. The company’s stock had a trading volume of 128,846 shares, compared to its average volume of 179,021. Tilly's Inc has a 52 week low of $8.02 and a 52 week high of $16.57. The company has a market cap of $436.73, a P/E ratio of 30.12 and a beta of -0.42.

Tilly's (NYSE:TLYS) last announced its quarterly earnings results on Wednesday, November 29th. The specialty retailer reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.09. Tilly's had a return on equity of 10.19% and a net margin of 2.50%. The company had revenue of $152.80 million during the quarter, compared to the consensus estimate of $151.44 million. During the same period in the prior year, the company earned $0.22 earnings per share. The company’s revenue for the quarter was up .5% compared to the same quarter last year. sell-side analysts forecast that Tilly's Inc will post 0.65 earnings per share for the current year.

TLYS has been the topic of a number of recent analyst reports. Zacks Investment Research raised Tilly's from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a research note on Tuesday, December 5th. Roth Capital set a $17.00 price objective on Tilly's and gave the company a “buy” rating in a research note on Friday, December 1st. ValuEngine raised Tilly's from a “hold” rating to a “buy” rating in a research note on Thursday, November 30th. B. Riley set a $15.00 price objective on Tilly's and gave the company a “buy” rating in a research note on Tuesday, November 28th. Finally, BidaskClub raised Tilly's from a “sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Tilly's presently has a consensus rating of “Buy” and a consensus target price of $15.00.

Several institutional investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio acquired a new position in shares of Tilly's during the third quarter worth about $541,000. California Public Employees Retirement System boosted its position in shares of Tilly's by 30.1% during the third quarter. California Public Employees Retirement System now owns 74,954 shares of the specialty retailer’s stock worth $899,000 after buying an additional 17,354 shares during the period. Wells Fargo & Company MN boosted its position in shares of Tilly's by 74.7% during the third quarter. Wells Fargo & Company MN now owns 12,080 shares of the specialty retailer’s stock worth $133,000 after buying an additional 5,167 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Tilly's by 5,223.4% during the third quarter. JPMorgan Chase & Co. now owns 28,640 shares of the specialty retailer’s stock worth $342,000 after buying an additional 28,102 shares during the period. Finally, Macquarie Group Ltd. acquired a new position in shares of Tilly's during the third quarter worth about $1,282,000. Institutional investors own 43.52% of the company’s stock.

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About Tilly's

Tilly’s, Inc is a destination specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Company offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The Company’s apparel merchandise includes branded, fashion and styles for tops, outerwear, bottoms and dresses.

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

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