In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Tilly’s Inc. (NYSE:TLYS) reported that Shaked Hezy has picked up 14,237,163 of common stock as of 2017-05-25.
The acquisition brings the aggregate amount owned by Shaked Hezy to a total of 14,237,163 representing less than 49.4% stake in the company.
For those not familiar with the company, 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. Its accessories merchandise includes backpacks, hats, sunglasses, headphones, handbags, watches, jewelry and others. The Company offers its products through stores and Website. The Company operates over 220 stores in approximately 30 states. The Company’s stores are located in malls, lifestyle centers, power centers, community centers, outlet centers and street-front locations. The Company also operates an e-commerce platform for desktop and mobile. The Company’s third-party brands include AYC, Adidas, Billabong, Converse, Hurley, Nixon, JanSport, LRG and Stance, among others.
A glance at Tilly’s Inc. (NYSE:TLYS)’s key stats reveals a current market capitalization of 327.90 Million based on 13.68 Million shares outstanding and a price at last close of $10.14 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2015-12-11, Henry picked up 2,080 at a purchase price of $6.10. This brings their total holding to 20,000 as of the date of the filing.
On the sell side, the most recent transaction saw Shaked unload 10,000 shares at a sale price of $9.87. This brings their total holding to 650,611.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Tilly’s Inc. (NYSE:TLYS) as things move forward to see if its progress aligns with these transactions.
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