Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get 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:TTSH – Get 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
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
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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