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Shay Capital LLC, a ten-percent owner of TILLY’S, INC. (NASDAQ:TLYS), has made several purchases of the company’s common stock, according to a Form 4 filing with the Securities and Exchange Commission. The purchases come as TLYS shares have declined nearly 80% over the past year, trading significantly below their 52-week high of $6.28.
The transactions, all identified by the code "P" for purchase, occurred on multiple dates. On June 26, 2025, Shay Capital acquired 100,000 shares. On June 27, 2025, the firm purchased an additional 50,000 shares and 22,643 shares in two separate transactions. On June 30, 2025, Shay Capital bought 59,935 shares. The prices paid for these shares ranged from $1.25 to $1.4656, resulting in a total investment of $318,269. According to InvestingPro data, these purchases occurred while the company faces significant challenges, with EBITDA at -$35.53M for the last twelve months.
Following these transactions, Shay Capital LLC directly owns 3,200,000 shares of TILLY’S, INC. common stock. For investors seeking deeper insights into TLYS’s financial health and valuation metrics, InvestingPro offers comprehensive analysis with 10+ additional exclusive ProTips and detailed financial metrics in their Pro Research Report.
In other recent news, Tilly’s (NYSE:TLYS), Inc. reported a net loss of $22.2 million, or $0.74 per share, for the first quarter of 2025, missing analysts’ expectations of a $0.68 loss per share. The company’s revenue was in line with forecasts at $107.6 million, marking a 7.1% decline from the previous year. Additionally, Tilly’s announced plans to close seven stores in the second quarter, with the potential for 15 more closures by the end of the year. During the company’s annual meeting, shareholders voted to approve the Third Amended and Restated Tilly’s Equity and Incentive Award Plan, aimed at aligning employee and shareholder interests. The appointment of BDO USA, P.C. as the independent registered public accounting firm for the fiscal year ending January 31, 2026, was ratified, emphasizing the company’s commitment to financial transparency. Furthermore, shareholders approved the compensation of named executive officers on a non-binding, advisory basis, reflecting satisfaction with executive performance. Tilly’s remains optimistic about the upcoming back-to-school season, a historically strong period for the company. The company continues to focus on its youth culture positioning and plans to enhance its merchandise assortment and marketing efforts.
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