Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Purchases $462,480.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 70,500 shares of the stock in a transaction on Monday, June 10th. The shares were acquired at an average price of $6.56 per share, for a total transaction of $462,480.00. Following the acquisition, the insider now owns 6,525,435 shares of the company’s stock, valued at approximately $42,806,853.60. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Friday, June 7th, Fund 1 Investments, Llc bought 30,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.66 per share, with a total value of $203,130.00.
• On Wednesday, June 5th, Fund 1 Investments, Llc purchased 8,141 shares of Tile Shop stock. The shares were acquired at an average cost of $6.73 per share, for a total transaction of $54,788.93.
• On Monday, June 3rd, Fund 1 Investments, Llc purchased 11,000 shares of Tile Shop stock. The stock was bought at an average price of $6.73 per share, for a total transaction of $74,030.00.
• On Thursday, May 30th, Fund 1 Investments, Llc bought 4,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.41 per share, with a total value of $28,845.00.
• On Tuesday, May 28th, Fund 1 Investments, Llc acquired 18,393 shares of Tile Shop stock. The shares were bought at an average price of $6.55 per share, with a total value of $120,474.15.
• On Friday, May 24th, Fund 1 Investments, Llc bought 9,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.54 per share, with a total value of $58,860.00.
• On Wednesday, May 22nd, Fund 1 Investments, Llc acquired 34,347 shares of Tile Shop stock. The stock was purchased at an average price of $6.39 per share, with a total value of $219,477.33.
• On Monday, May 20th, Fund 1 Investments, Llc purchased 77,917 shares of Tile Shop stock. The shares were 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 bought 30,501 shares of Tile Shop stock. The stock was purchased at an average price 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 stock was bought at an average cost of $6.81 per share, with a total value of $98,745.00.

Tile Shop Stock Down 1.4 %

Shares of TTSH stock traded down $0.09 during trading hours on Monday, hitting $6.57. 140,612 shares of the company’s stock were exchanged, compared to its average volume of 112,004. The firm has a 50 day moving average of $6.68 and a two-hundred day moving average of $6.76. Tile Shop Holdings, Inc. has a fifty-two week low of $4.33 and a fifty-two week high of $7.67. The firm has a market cap of $292.56 million, a P/E ratio of 31.72 and a beta of 1.38.

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

Hedge Funds Weigh In On Tile Shop

A number of hedge funds have recently modified their holdings of TTSH. Fund 1 Investments LLC grew its holdings in shares of Tile Shop by 13.9% during the 4th quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock worth $37,539,000 after purchasing an additional 620,899 shares during the period. Hillsdale Investment Management Inc. acquired a new stake in Tile Shop in the 1st quarter valued at about $2,417,000. Janney Montgomery Scott LLC acquired a new stake in shares of Tile Shop during the 3rd quarter worth about $396,000. Quadrature Capital Ltd purchased a new position in Tile Shop during the 1st quarter worth approximately $413,000. Finally, SageView Advisory Group LLC purchased a new position in Tile Shop during the 1st quarter worth approximately $299,000. 36.66% of the stock is currently owned by hedge funds and other institutional investors.

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.