BofA update shows where active managers are putting money
Shay Capital LLC, a ten-percent owner of Tilly’s (NYSE:TLYS), Inc. NASDAQ:TLYS, has recently purchased shares of the company’s common stock. The insider buying comes as the specialty retailer trades near $1.84, down 68% over the past year and significantly below its 52-week high of $6.12. According to a Form 4 filing with the Securities and Exchange Commission, the firm acquired a total of 100,000 shares in three separate transactions, with prices ranging from $1.8514 to $2.0338, for a total value of $195,487.
On July 28, 2025, Shay Capital bought 50,000 shares at $2.0338 per share. This was followed by another purchase on July 29, 2025, of 25,000 shares at $1.8514 per share. The final transaction occurred on July 30, 2025, with the acquisition of 25,000 shares at $1.9005 per share. The stock has shown recent momentum, posting a strong 13% return over the past week.
Following these transactions, Shay Capital LLC directly owns 3,300,000 shares of Tilly’s, Inc. common stock, representing a significant stake in the company, which currently has a market capitalization of $55 million. InvestingPro analysis indicates the company faces challenges with cash burn and profitability, with 11 additional key insights available to subscribers.
In other recent news, Tilly’s Inc. reported a net loss of $22.2 million, or $0.74 per share, for the first quarter of 2025. This result fell short of analysts’ projections, which estimated a loss of $0.68 per share. The company’s revenue stood at $107.6 million, aligning with forecasts but marking a 7.1% decline from the previous year. In a significant leadership change, Tilly’s announced the appointment of Nate Smith as its new President and Chief Executive Officer, effective August 18, 2025. Smith, who will also join the company’s Board of Directors, is currently the CEO of Marolina Outdoor, Inc. This transition accompanies Co-Founder Hezy Shaked’s move from President and CEO to Executive Chairman. Additionally, Tilly’s held its annual meeting, where shareholders voted on governance and executive compensation proposals. The meeting resulted in the election of six directors, including Hezy Shaked, for terms expiring at the 2026 annual meeting.
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