Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys $219,477.33 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 34,347 shares of Tile Shop stock in a transaction dated Wednesday, May 22nd. The stock was purchased at an average cost of $6.39 per share, with a total value of $219,477.33. Following the completion of the acquisition, the insider now directly owns 6,290,222 shares in the company, valued at approximately $40,194,518.58. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Monday, May 20th, Fund 1 Investments, Llc acquired 77,917 shares of Tile Shop stock. The stock was acquired at an average price of $6.20 per share, for a total transaction of $483,085.40.
• On Friday, May 10th, Fund 1 Investments, Llc acquired 30,501 shares of Tile Shop stock. The stock was purchased at an average cost of $6.60 per share, for a total transaction of $201,306.60.
• On Wednesday, May 8th, Fund 1 Investments, Llc purchased 14,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.81 per share, for a total transaction of $98,745.00.
• On Thursday, May 2nd, Fund 1 Investments, Llc purchased 10,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.74 per share, with a total value of $67,400.00.
• On Tuesday, April 30th, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The stock was bought at an average cost of $6.71 per share, for a total transaction of $67,100.00.
• On Monday, April 22nd, Fund 1 Investments, Llc bought 98,438 shares of Tile Shop stock. The stock was purchased at an average cost of $6.34 per share, with a total value of $624,096.92.
• On Friday, April 19th, Fund 1 Investments, Llc bought 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 acquired 37,000 shares of Tile Shop stock. The stock was acquired at an average cost 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 shares were bought at an average cost of $6.82 per share, for a total transaction of $79,794.00.
• On Wednesday, April 10th, Fund 1 Investments, Llc bought 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.

Tile Shop Price Performance

Shares of TTSH stock opened at $6.56 on Friday. The firm has a fifty day moving average of $6.74 and a two-hundred day moving average of $6.70. Tile Shop Holdings, Inc. has a 1-year low of $4.33 and a 1-year high of $7.67. The firm has a market cap of $292.12 million, a P/E ratio of 31.24 and a beta of 1.42.

Tile Shop (NASDAQ:TTSH) last announced its quarterly earnings data on Thursday, May 9th. The company reported $0.04 earnings per share for the quarter. Tile Shop had a net margin of 2.52% and a return on equity of 7.77%. The business had revenue of $91.73 million during the quarter.

Institutional Trading of Tile Shop

Hedge funds have recently added to or reduced their stakes in the business. Fund 1 Investments LLC lifted its holdings in Tile Shop by 13.9% in the 4th quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock valued at $37,539,000 after acquiring an additional 620,899 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Tile Shop by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 1,298,881 shares of the company’s stock valued at $9,131,000 after acquiring an additional 10,062 shares during the last quarter. First Eagle Investment Management LLC boosted its stake in shares of Tile Shop by 8.5% during the 1st quarter. First Eagle Investment Management LLC now owns 373,484 shares of the company’s stock worth $2,626,000 after acquiring an additional 29,400 shares in the last quarter. Hillsdale Investment Management Inc. acquired a new position in shares of Tile Shop in the 1st quarter worth $2,417,000. Finally, O Shaughnessy Asset Management LLC raised its holdings in Tile Shop by 17.0% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 144,857 shares of the company’s stock worth $795,000 after buying an additional 21,053 shares during the period. Institutional investors own 36.66% of the company’s stock.

About Tile Shop

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.