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Co-Founder Hezy Shaked Just Bought 72% More Shares In Tilly's, Inc. (NYSE:TLYS)

Simply Wall St ·  Sep 18, 2022 08:55

Potential Tilly's, Inc. (NYSE:TLYS) shareholders may wish to note that the Co-Founder, Hezy Shaked, recently bought US$299k worth of stock, paying US$6.96 for each share. We reckon that's a good sign, especially since the purchase boosted their holding by 72%.

See our latest analysis for Tilly's

Tilly's Insider Transactions Over The Last Year

The Executive VP, Michael Henry, made the biggest insider sale in the last 12 months. That single transaction was for US$533k worth of shares at a price of US$15.91 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$7.34. So it may not shed much light on insider confidence at current levels.

Over the last year, we can see that insiders have bought 59.71k shares worth US$420k. But they sold 38.51k shares for US$613k. Over the last year we saw more insider selling of Tilly's shares, than buying. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volumeNYSE:TLYS Insider Trading Volume September 18th 2022

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Tilly's

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 26% of Tilly's shares, worth about US$57m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Tilly's Tell Us?

It is good to see recent purchasing. However, the longer term transactions are not so encouraging. The more recent transactions are a positive, but Tilly's insiders haven't shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. In short they are likely aligned with shareholders. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Tilly's. In terms of investment risks, we've identified 2 warning signs with Tilly's and understanding these should be part of your investment process.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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