Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Acquires 55,500 Shares

Posted by Defense World Staff on Jun 19th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc acquired 55,500 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The stock was bought at an average price of $6.63 per share, with a total value of $367,965.00. Following the completion of the acquisition, the insider now directly owns 6,655,238 shares of the company’s stock, valued at $44,124,227.94. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Large 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 Monday, June 17th, Fund 1 Investments, Llc purchased 88,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.80 per share, with a total value of $601,800.00.
On Wednesday, June 12th, Fund 1 Investments, Llc purchased 26,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.66 per share, with a total value of $173,160.00.
On Monday, June 10th, Fund 1 Investments, Llc purchased 70,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.56 per share, with a total value of $462,480.00.
On Friday, June 7th, Fund 1 Investments, Llc purchased 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 price of $6.73 per share, with a total value of $54,788.93.
On Monday, June 3rd, Fund 1 Investments, Llc purchased 11,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.73 per share, with a total value of $74,030.00.
On Thursday, May 30th, Fund 1 Investments, Llc purchased 4,500 shares of Tile Shop stock. The shares were acquired at an average price 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 cost of $6.55 per share, for a total transaction of $120,474.15.
On Friday, May 24th, Fund 1 Investments, Llc acquired 9,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.54 per share, for a total transaction of $58,860.00.
On Wednesday, May 22nd, Fund 1 Investments, Llc acquired 34,347 shares of Tile Shop stock. The shares were bought at an average cost of $6.39 per share, for a total transaction of $219,477.33.

Tile Shop Price Performance

TTSH stock opened at $6.96 on Wednesday. The stock has a market capitalization of $309.93 million, a PE ratio of 33.14 and a beta of 1.38. The company’s 50-day moving average is $6.64 and its 200-day moving average is $6.77. Tile Shop Holdings, Inc. has a 1 year low of $4.33 and a 1 year high of $7.67.

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

Hedge Funds Weigh In On Tile Shop

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Russell Investments Group Ltd. bought a new position in Tile Shop in the 1st quarter valued at about $25,000. Gladius Capital Management LP bought a new position in Tile Shop in the 4th quarter valued at about $38,000. Stokes Family Office LLC lifted its position in Tile Shop by 20.1% in the 3rd quarter. Stokes Family Office LLC now owns 13,171 shares of the company’s stock valued at $72,000 after acquiring an additional 2,201 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in Tile Shop in the 4th quarter valued at about $95,000. Finally, BNP Paribas Financial Markets lifted its position in Tile Shop by 80.3% in the 1st quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock valued at $102,000 after acquiring an additional 6,446 shares in the last quarter. Institutional investors own 36.66% of the company’s stock.

About Tile Shop

(Get Free Report)

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.