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

Pacific Ridge Capital Partners LLC decreased its position in Tilly’s, Inc. (NYSE:TLYS) by 4.1% in the 2nd 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 filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Long Focus Capital Management LLC raised 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 purchasing an additional 320,000 shares during the period. Fund 1 Investments LLC increased its holdings in 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 worth $49,950,000 after buying an additional 236,800 shares during the last quarter. First Eagle Investment Management LLC raised 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 worth about $222,000. Finally, Vanguard Group Inc. boosted 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 acquiring an additional 8,547 shares during the last quarter. Institutional investors own 76.38% of the company’s stock.

Analyst Upgrades and Downgrades

TLYS has been the topic 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 dropped 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 decreased 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.

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 bought 80,500 shares of the business’s stock in a transaction on Friday, July 5th. The stock was acquired 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, major shareholder Fund 1 Investments, Llc bought 80,500 shares of the firm’s stock in a transaction that occurred on Friday, July 5th. The shares were acquired at an average price of $5.50 per share, with a total value of $442,750.00. Following the acquisition, 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 firm’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. Insiders have purchased a total of 267,118 shares of company stock worth $1,482,643 over the last 90 days. Corporate insiders own 27.14% of the company’s stock.

About Tilly’s

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.