Tilly’s major shareholder sells 402,600 dollars in stock

Tilly Levine, Tilly's Inc (NASDAQ:TLYS) major shareholder, has sold 30,000 shares of the stock in a transaction dated Thursday, January, 5 and released this Tuesday.

The stock was sold at an average price of 13.42 dollars, for a total transaction of 402,600 dollars. The transaction was disclosed in a filing with the Securities & Exchange Commission, following the SEC’s rule for those large shareholders that own more than 10 percent of a company’s shares to disclose their sales and purchases.

Tilly's Inc (NASDAQ:TLYS) traded down 3.98 percent during midday trading last Friday, hitting 12.53 dollars, giving a current market value to the company of 357.74 million dollars and a PE ratio of 44.59.

The retailer has a 12 month low of 5.49 dollars apiece and a 12 month high of 15.29 dollars per share.

Tilly's (NASDAQ:TLYS) last released its quarterly earnings data on November 30th. The company reported 0.22 dollars earnings per share (EPS) for the quarter, beating the consensus estimate of 0.11 dollars.

Besides, the company earned 152.10 million dollars during the quarter, also above analysts’ expectations of 143 million dollars.

The stock currently has a consensus rating of “Buy” and a consensus target price of 11.33 dollars.