Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Acquires $30,221.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 4,700 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The stock was acquired at an average cost of $6.43 per share, with a total value of $30,221.00. Following the purchase, the insider now directly owns 7,949,169 shares of the company’s stock, valued at $51,113,156.67. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Tuesday, October 8th, Fund 1 Investments, Llc bought 6,000 shares of Tile Shop stock. The stock was bought at an average cost of $6.42 per share, with a total value of $38,520.00.
• On Thursday, October 3rd, Fund 1 Investments, Llc purchased 3,000 shares of Tile Shop stock. The shares were bought at an average price of $6.37 per share, for a total transaction of $19,110.00.
• On Monday, September 30th, Fund 1 Investments, Llc acquired 17,500 shares of Tile Shop stock. The stock was bought at an average price of $6.55 per share, with a total value of $114,625.00.
• On Friday, September 27th, Fund 1 Investments, Llc bought 7,000 shares of Tile Shop stock. The shares were purchased at an average price of $6.61 per share, for a total transaction of $46,270.00.
• On Wednesday, September 25th, Fund 1 Investments, Llc bought 11,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.55 per share, with a total value of $75,325.00.
• On Monday, September 23rd, Fund 1 Investments, Llc purchased 3,500 shares of Tile Shop stock. The stock was purchased at an average cost of $6.63 per share, for a total transaction of $23,205.00.
• On Friday, September 20th, Fund 1 Investments, Llc acquired 27,900 shares of Tile Shop stock. The shares were purchased at an average cost of $6.65 per share, with a total value of $185,535.00.
• On Wednesday, September 18th, Fund 1 Investments, Llc bought 25,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.61 per share, for a total transaction of $168,555.00.
• On Monday, September 16th, Fund 1 Investments, Llc purchased 2,507 shares of Tile Shop stock. The shares were acquired at an average cost of $6.41 per share, with a total value of $16,069.87.
• On Wednesday, September 11th, Fund 1 Investments, Llc bought 19,302 shares of Tile Shop stock. The shares were acquired at an average cost of $6.17 per share, with a total value of $119,093.34.

Tile Shop Stock Performance

Shares of TTSH traded up $0.09 during mid-day trading on Friday, reaching $6.51. The company had a trading volume of 39,678 shares, compared to its average volume of 98,258. The company has a market capitalization of $290.67 million, a price-to-earnings ratio of 53.17 and a beta of 1.42. The firm has a 50-day moving average price of $6.24 and a 200 day moving average price of $6.61. Tile Shop Holdings, Inc. has a 52 week low of $4.33 and a 52 week high of $7.67.

Tile Shop (NASDAQ:TTSH) last released its earnings results on Thursday, August 8th. The company reported $0.03 EPS for the quarter. Tile Shop had a return on equity of 4.47% and a net margin of 1.50%. The firm had revenue of $91.38 million for the quarter.

Institutional Trading of Tile Shop

Several institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. purchased a new position in Tile Shop in the 1st quarter worth approximately $25,000. The Manufacturers Life Insurance Company grew its position in Tile Shop by 30.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,398 shares of the company’s stock worth $93,000 after purchasing an additional 3,145 shares during the period. BNP Paribas Financial Markets raised its stake in Tile Shop by 80.3% during the 1st quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock valued at $102,000 after buying an additional 6,446 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Tile Shop in the 2nd quarter worth approximately $157,000. Finally, Denali Advisors LLC boosted its holdings in shares of Tile Shop by 62.9% in the first quarter. Denali Advisors LLC now owns 34,200 shares of the company’s stock worth $240,000 after buying an additional 13,200 shares during the last quarter. 36.66% of the stock is 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.