Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Sells 5,000 Shares of Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSHGet Free Report) major shareholder Fund 1 Investments, Llc sold 5,000 shares of the stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $5.61, for a total value of $28,050.00. Following the transaction, the insider now directly owns 4,454,547 shares of the company’s stock, valued at $24,990,008.67. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Tile Shop Stock Performance

Shares of TTSH opened at $5.23 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.59 and a quick ratio of 0.34. The firm has a 50-day moving average of $5.91 and a 200-day moving average of $5.26. The company has a market cap of $233.05 million, a PE ratio of 18.04 and a beta of 1.39. Tile Shop Holdings, Inc. has a one year low of $3.28 and a one year high of $6.51.

Tile Shop (NASDAQ:TTSHGet Free Report) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.12 earnings per share for the quarter. Tile Shop had a return on equity of 11.23% and a net margin of 3.34%. The firm had revenue of $98.56 million for the quarter.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded Tile Shop from a “c+” rating to a “b-” rating in a research note on Wednesday, August 2nd.

Get Our Latest Research Report on TTSH

Hedge Funds Weigh In On Tile Shop

Several institutional investors and hedge funds have recently modified their holdings of TTSH. Fund 1 Investments LLC boosted its holdings in shares of Tile Shop by 28.9% during the 1st quarter. Fund 1 Investments LLC now owns 4,365,032 shares of the company’s stock worth $20,472,000 after buying an additional 977,842 shares during the period. BlackRock Inc. grew its position in shares of Tile Shop by 13.2% in the third quarter. BlackRock Inc. now owns 1,718,706 shares of the company’s stock valued at $6,050,000 after purchasing an additional 200,276 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Tile Shop by 0.6% during the third quarter. Vanguard Group Inc. now owns 1,707,862 shares of the company’s stock worth $6,012,000 after purchasing an additional 10,758 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Tile Shop by 13.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 935,621 shares of the company’s stock worth $5,183,000 after purchasing an additional 108,269 shares during the last quarter. Finally, Shay Capital LLC boosted its stake in Tile Shop by 1,023.7% in the 4th quarter. Shay Capital LLC now owns 882,304 shares of the company’s stock valued at $3,864,000 after purchasing an additional 803,786 shares during the period. 35.08% of the stock is currently owned by institutional investors and hedge funds.

Tile Shop Company Profile

(Get Free Report)

Tile Shop Holdings, Inc operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It offers natural stone products, such as marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and man-made products, including ceramic, porcelain, glass, cement, wood look, and metal and luxury vinyl tiles primarily under the Rush River and Fired Earth brands.

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