Pacific Ridge Capital Partners LLC reduces holdings in Tilly’s, Inc. (NYSE:TLYS)

Pacific Ridge Capital Partners LLC decreased its position in Tilly’s, Inc. (NYSE:TLYS – Free Report) by 4.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 577,388 shares of the specialty retailer’s stock after selling 24,973 shares during the period. Pacific Ridge Capital Partners LLC’s holdings in Tilly’s were worth $3,482,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. Long Focus Capital Management LLC grew its stake in shares of Tilly’s by 17.5% during the 2nd quarter. Long Focus Capital Management LLC now owns 2,151,931 shares of the specialty retailer’s stock worth $12,976,000. after buying an additional 320,000 shares during the period. Fund 1 Investments LLC grew its holdings in Tilly’s by 3.7% in the fourth quarter. Fund 1 Investments LLC now owns 6,624,603 shares of the specialty retailer’s stock worth $49,950,000 after purchasing an additional 236,800 shares during the last quarter. First Eagle Investment Management LLC grew its position in Tilly’s by 13.9% in the first quarter. First Eagle Investment Management LLC now owns 428,657 shares of the specialty retailer’s stock worth $2,915,000 after acquiring an additional 52,424 shares during the period. Sierra Summit Advisors LLC bought a new stake in Tilly’s in the fourth quarter valued at about $222,000. Finally, Vanguard Group Inc. raised its stake in Tilly’s by 0.7% in the first quarter. Vanguard Group Inc. now owns 1,282,467 shares of the specialty retailer’s stock valued at $8,721,000 after purchasing an additional 8,547 shares in the last quarter. Institutional investors own 76.38% of the company’s shares.

Analyst upgrades and downgrades

TLYS has been the subject of several research analyst reports. StockNews.com upgraded Tilly’s from a “sell” rating to a “hold” rating in a research note on Friday, September 6th. Roth Mkm decreased their price target on Tilly’s from $7.50 to $6.00 and set a “neutral” rating on the stock in a research report on Friday, June 7th. Finally, B. Riley cut their price objective on Tilly’s from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Friday, September 6th.

Get the latest report on Tilly’s

Tilly’s trading up 6.2%

TLYS opened at $4.98 on Friday. Tilly’s, Inc. has a 12-month low of $4.37 and a 12-month high of $8.82. The company has a market cap of $150.15 million, a PE ratio of -3.53 and a beta of 1.55. The company has a 50-day moving average of $5.07 and a 200-day moving average of $5.63.

Insiders place their bets

In related news, major shareholder Fund 1 Investments, Llc purchased 80,500 shares of the company’s stock in a transaction on Friday, July 5th. The shares were purchased at an average price of $5.50 per share, for a total transaction of $442,750.00. Following the purchase, the insider now directly owns 5,981,903 shares in the company, valued at $32,900,466.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available on the SEC’s website. In other news, major shareholder Fund 1 Investments, Llc purchased 80,500 shares of the company’s stock in a transaction that occurred on Friday, July 5th. The shares were purchased at an average price of $5.50 per share, with a total value of $442,750.00. Following the purchase, the insider now owns 5,981,903 shares of the company’s stock, valued at approximately $32,900,466.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Janet Kerr sold 20,000 shares of the business’s stock in a transaction on Friday, July 5th. The shares were sold at an average price of $5.38, for a total transaction of $107,600.00. Following the completion of the transaction, the director now directly owns 28,996 shares of the company’s stock, valued at $155,998.48. The disclosure for this sale can be found here. Over the last 90 days, insiders bought a total of 267,118 shares of company stock worth $1,482,643. Corporate insiders own 27.14% of the company’s shares.

About Tilly’s

(Free Report)

Tilly’s, Inc operates as a specialty retailer of casual clothing, footwear, accessories and goods for youth, men and women, as well as boys and girls in the United States. Its apparel products include tops, outerwear, bottoms, swimwear and dresses; merchandise and accessories include backpacks, hydration bottles, hats, sunglasses, electronics and small accessories, handbags, watches, jewelry and more.

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