Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Acquires $624,096.92 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 98,438 shares of the business’s stock in a transaction on Monday, April 22nd. The stock was bought at an average price of $6.34 per share, for a total transaction of $624,096.92. Following the completion of the purchase, the insider now directly owns 6,048,446 shares of the company’s stock, valued at approximately $38,347,147.64. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

• On Friday, April 19th, Fund 1 Investments, Llc acquired 24,200 shares of Tile Shop stock. The stock was purchased at an average price of $6.26 per share, for a total transaction of $151,492.00.
• On Wednesday, April 17th, Fund 1 Investments, Llc bought 37,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.66 per share, with a total value of $246,420.00.
• On Monday, April 15th, Fund 1 Investments, Llc purchased 11,700 shares of Tile Shop stock. The stock was purchased at an average price of $6.82 per share, for a total transaction of $79,794.00.
• On Wednesday, April 10th, Fund 1 Investments, Llc acquired 7,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.84 per share, with a total value of $51,300.00.
• On Monday, April 8th, Fund 1 Investments, Llc bought 5,000 shares of Tile Shop stock. The stock was acquired at an average price of $7.00 per share, for a total transaction of $35,000.00.
• On Friday, April 5th, Fund 1 Investments, Llc purchased 57,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.96 per share, with a total value of $400,200.00.
• On Wednesday, April 3rd, Fund 1 Investments, Llc purchased 50,000 shares of Tile Shop stock. The shares were acquired at an average cost of $6.98 per share, for a total transaction of $349,000.00.
• On Monday, April 1st, Fund 1 Investments, Llc bought 25,000 shares of Tile Shop stock. The stock was bought at an average price of $7.01 per share, with a total value of $175,250.00.
• On Thursday, March 28th, Fund 1 Investments, Llc purchased 198,993 shares of Tile Shop stock. The shares were bought at an average price of $7.03 per share, for a total transaction of $1,398,920.79.
• On Tuesday, March 26th, Fund 1 Investments, Llc bought 20,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.96 per share, with a total value of $139,200.00.

Tile Shop Trading Up 4.2 %

Shares of NASDAQ TTSH opened at $6.65 on Wednesday. Tile Shop Holdings, Inc. has a twelve month low of $4.17 and a twelve month high of $7.67. The firm has a 50-day moving average of $6.79 and a two-hundred day moving average of $6.48. The company has a market capitalization of $295.99 million, a price-to-earnings ratio of 28.91 and a beta of 1.39.

Tile Shop (NASDAQ:TTSH) last posted its quarterly earnings results on Thursday, February 29th. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $84.46 million for the quarter. Tile Shop had a return on equity of 8.64% and a net margin of 2.67%.

Institutional Investors Weigh In On Tile Shop

A number of large investors have recently made changes to their positions in TTSH. Stokes Family Office LLC boosted its stake in Tile Shop by 20.1% in the 3rd quarter. Stokes Family Office LLC now owns 13,171 shares of the company’s stock worth $72,000 after purchasing an additional 2,201 shares during the period. SG Americas Securities LLC lifted its holdings in shares of Tile Shop by 19.4% during the 4th quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock valued at $116,000 after buying an additional 2,548 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in Tile Shop in the third quarter valued at approximately $25,000. Gladius Capital Management LP acquired a new position in shares of Tile Shop during the 4th quarter worth $38,000. Finally, Ritholtz Wealth Management raised its holdings in shares of Tile Shop by 9.3% during the 3rd quarter. Ritholtz Wealth Management now owns 64,412 shares of the company’s stock valued at $354,000 after purchasing an additional 5,504 shares in the last quarter. Institutional investors and hedge funds own 36.66% of the company’s stock.

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. The company offers natural stone products, including marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and man-made products, comprises ceramic, porcelain, glass, cement, wood look, and metal and luxury vinyl tile.