Dynamic Technology Lab Private Ltd cut its position in shares of Tilly’s, Inc. (NYSE:TLYS) by 57.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,220 shares of the specialty retailer’s stock after selling 27,570 shares during the period. Dynamic Technology Lab Private Ltd owned about 0.07% of Tilly’s worth $205,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Prudential Financial Inc. raised its position in Tilly’s by 35.3% during the 2nd quarter. Prudential Financial Inc. now owns 290,410 shares of the specialty retailer’s stock valued at $2,948,000 after purchasing an additional 75,800 shares in the last quarter. Paradigm Capital Management Inc. NY raised its position in Tilly’s by 43.3% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 931,600 shares of the specialty retailer’s stock valued at $9,456,000 after purchasing an additional 281,635 shares in the last quarter. Thrivent Financial For Lutherans bought a new stake in Tilly’s during the 1st quarter valued at $996,000. Divisar Capital Management LLC raised its position in Tilly’s by 32.7% during the 2nd quarter. Divisar Capital Management LLC now owns 727,525 shares of the specialty retailer’s stock valued at $7,384,000 after purchasing an additional 179,460 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its position in Tilly’s by 180.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 111,616 shares of the specialty retailer’s stock valued at $1,133,000 after purchasing an additional 71,789 shares in the last quarter. 40.66% of the stock is owned by institutional investors and hedge funds.

In related news, insider Hezy Shaked sold 10,000 shares of the firm’s stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of $11.72, for a total transaction of $117,200.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Tilly Levine sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $12.31, for a total value of $246,200.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 520,000 shares of company stock worth $5,994,633. Corporate insiders own 50.12% of the company’s stock.

Several brokerages recently weighed in on TLYS. B. Riley restated a “buy” rating and set a $13.00 target price on shares of Tilly’s in a research note on Thursday, August 24th. Roth Capital set a $12.00 target price on Tilly’s and gave the stock a “buy” rating in a research note on Wednesday, August 23rd. BidaskClub upgraded Tilly’s from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. Zacks Investment Research downgraded Tilly’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 26th. Finally, ValuEngine downgraded Tilly’s from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $11.60.

Tilly’s (NYSE:TLYS) last posted its earnings results on Wednesday, August 23rd. The specialty retailer reported $0.11 EPS for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.06. Tilly’s had a return on equity of 8.85% and a net margin of 2.09%. The business had revenue of $138.80 million for the quarter, compared to analysts’ expectations of $136.46 million. During the same quarter in the previous year, the firm earned $0.05 earnings per share. The business’s revenue was up 1.8% compared to the same quarter last year.

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Tilly’s Profile

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.

Institutional Ownership by Quarter for Tilly`s (NYSE:TLYS)

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