Tilray Brands (NASDAQ:TLRY) Shares Down 1.6% – Here’s Why

Posted by Brenda Bartman on Jul 20th, 2026

Tilray Brands, Inc. (NASDAQ:TLRY – Get Free Report)’s stock price fell 1.6% during trading on Monday . The stock traded as low as $4.20 and last traded at $4.23. 2,977,316 shares traded hands during trading, a decline of 29% from the average daily volume of 4,211,003 shares. The stock had previously closed at $4.30.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on TLRY shares. Weiss Ratings downgraded Tilray Brands from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, May 13th. Roth Capital upgraded Tilray Brands from a “neutral” rating to a “buy” rating and set a $10.00 price target for the company in a research report on Thursday, April 2nd. TD Cowen reduced their price objective on Tilray Brands from $7.00 to $5.00 and set a “buy” rating for the company in a research note on Tuesday, July 14th. Finally, ATB Cormark Capital Markets decreased their price objective on Tilray Brands from $9.50 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, April 2nd. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $11.00.

Read Our Latest Analysis on Tilray Brands

Tilray Brands Stock Performance

The company has a market cap of $493.01 million, a PE ratio of -0.31 and a beta of 1.89. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.66 and a current ratio of 2.79. The firm’s 50 day moving average is $4.92 and its 200-day moving average is $6.60.

Insider Buying and Selling at Tilray Brands

In other news, Director David G. Hopkinson sold 33,556 shares of the business’s stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $6.94, for a total transaction of $232,878.64. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.84% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Tilray Brands

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Hilton Head Capital Partners LLC acquired a new position in Tilray Brands during the fourth quarter worth $38,000. Cerity Partners LLC grew its holdings in Tilray Brands by 98.5% in the 2nd quarter. Cerity Partners LLC now owns 92,560 shares of the company’s stock valued at $38,000 after buying an additional 45,929 shares in the last quarter. Marex Group plc acquired a new stake in shares of Tilray Brands in the 2nd quarter worth $40,000. Hilton Capital Management LLC acquired a new stake in shares of Tilray Brands in the 2nd quarter worth $41,000. Finally, Essential Partners LLC increased its stake in shares of Tilray Brands by 110,137.5% in the 1st quarter. Essential Partners LLC now owns 8,819 shares of the company’s stock worth $57,000 after acquiring an additional 8,811 shares during the last quarter. Institutional investors and hedge funds own 9.35% of the company’s stock.

Tilray Brands Company Profile

(Get Free Report)

Tilray Brands, Inc is a global cannabis-lifestyle and consumer packaged goods company engaged in the cultivation, production, distribution and sale of cannabis and cannabinoid-based products. The company develops and markets a diverse portfolio of branded products spanning medical cannabis, adult-use recreational products and wellness offerings. Through state-of-the-art cultivation facilities, research and development efforts, and quality control systems, Tilray Brands aims to deliver consistent, scalable products for a range of patient and consumer needs.

Tilray’s product lineup includes cannabis flower, pre-rolls, oils and tinctures, vapes, edibles and topicals, as well as hemp-derived cannabidiol (CBD) products.