Fund 1 Investments, Llc Buys 34,000 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 34,000 shares of the business’s stock in a transaction on Tuesday, July 23rd. The shares were purchased at an average price of $7.05 per share, with a total value of $239,700.00. Following the completion of the purchase, the insider now owns 7,423,123 shares in the company, valued at approximately $52,333,017.15. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own at least 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 Thursday, July 18th, Fund 1 Investments, Llc acquired 13,500 shares of Tile Shop stock. The shares were purchased at an average price of $7.02 per share, with a total value of $94,770.00.
• On Tuesday, July 16th, Fund 1 Investments, Llc acquired 28,500 shares of Tile Shop stock. The shares were purchased at an average price of $7.25 per share, with a total value of $206,625.00.
• On Friday, July 12th, Fund 1 Investments, Llc bought 31,000 shares of Tile Shop stock. The shares were bought at an average price of $7.24 per share, for a total transaction of $224,440.00.
• On Wednesday, July 10th, Fund 1 Investments, Llc bought 15,500 shares of Tile Shop stock. The shares were bought at an average price of $6.87 per share, for a total transaction of $106,485.00.
• On Friday, July 5th, Fund 1 Investments, Llc bought 95,000 shares of Tile Shop stock. The shares were bought at an average price of $6.80 per share, for a total transaction of $646,000.00.
• On Wednesday, July 3rd, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The shares were bought at an average price of $7.01 per share, for a total transaction of $70,100.00.
• On Monday, July 1st, Fund 1 Investments, Llc bought 33,029 shares of Tile Shop stock. The shares were bought at an average price of $6.84 per share, for a total transaction of $225,918.36.
• On Friday, June 28th, Fund 1 Investments, Llc bought 27,500 shares of Tile Shop stock. The shares were bought at an average price of $6.91 per share, for a total transaction of $190,025.00.
• On Wednesday, June 26th, Fund 1 Investments, Llc acquired 34,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.85 per share, with a total value of $232,900.00.
• On Monday, June 24th, Fund 1 Investments, Llc acquired 74,500 shares of Tile Shop stock. The stock was acquired at an average price of $6.97 per share, with a total value of $519,265.00.

Tile Shop Stock Performance

Shares of Tile Shop stock opened at $7.00 on Friday. The firm has a market capitalization of $311.71 million, a price-to-earnings ratio of 33.33 and a beta of 1.43. Tile Shop Holdings, Inc. has a fifty-two week low of $4.33 and a fifty-two week high of $7.67. The stock has a 50 day moving average of $6.78 and a 200 day moving average of $6.76.

Tile Shop (NASDAQ:TTSH) last issued its quarterly earnings data on Thursday, May 9th. The company reported $0.04 earnings per share 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%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in TTSH. Russell Investments Group Ltd. purchased a new position in shares of Tile Shop during the first quarter worth $25,000. Gladius Capital Management LP purchased a new position in shares of Tile Shop during the fourth quarter worth $38,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Tile Shop during the fourth quarter worth $95,000. BNP Paribas Financial Markets boosted its position in shares of Tile Shop by 80.3% during the first quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock worth $102,000 after buying an additional 6,446 shares during the period. Finally, SG Americas Securities LLC boosted its position in shares of Tile Shop by 19.4% during the fourth quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock worth $116,000 after buying an additional 2,548 shares during the period. 36.66% of the stock is currently owned by hedge funds and other institutional investors.

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.