Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Acquires $16,069.87 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 2,507 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were bought at an average cost of $6.41 per share, with a total value of $16,069.87. Following the transaction, the insider now directly owns 7,772,436 shares of the company’s stock, valued at approximately $49,821,314.76. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major 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 Wednesday, September 11th, Fund 1 Investments, Llc acquired 19,302 shares of Tile Shop stock. The shares were purchased at an average price of $6.17 per share, for a total transaction of $119,093.34.
• On Monday, September 9th, Fund 1 Investments, Llc acquired 6,000 shares of Tile Shop stock. The shares were purchased at an average price of $5.95 per share, for a total transaction of $35,700.00.
• On Thursday, September 5th, Fund 1 Investments, Llc purchased 20,500 shares of Tile Shop stock. The stock was acquired at an average price of $5.88 per share, for a total transaction of $120,540.00.
• On Tuesday, September 3rd, Fund 1 Investments, Llc bought 22,600 shares of Tile Shop stock. The stock was bought at an average price of $6.08 per share, with a total value of $137,408.00.
• On Thursday, August 29th, Fund 1 Investments, Llc acquired 20,500 shares of Tile Shop stock. The shares were bought at an average price of $6.09 per share, with a total value of $124,845.00.
• On Tuesday, August 27th, Fund 1 Investments, Llc acquired 7,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.05 per share, for a total transaction of $42,350.00.
• On Tuesday, August 20th, Fund 1 Investments, Llc bought 8,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.07 per share, with a total value of $48,560.00.
• On Friday, August 16th, Fund 1 Investments, Llc purchased 3,500 shares of Tile Shop stock. The shares were acquired at an average cost of $6.17 per share, for a total transaction of $21,595.00.
• On Wednesday, August 14th, Fund 1 Investments, Llc acquired 13,300 shares of Tile Shop stock. The stock was acquired at an average cost of $5.99 per share, with a total value of $79,667.00.
• On Monday, August 12th, Fund 1 Investments, Llc bought 14,300 shares of Tile Shop stock. The shares were acquired at an average cost of $5.93 per share, for a total transaction of $84,799.00.

Tile Shop Stock Performance

NASDAQ:TTSH opened at $6.62 on Thursday. The stock has a market cap of $294.76 million, a price-to-earnings ratio of 31.52 and a beta of 1.43. Tile Shop Holdings, Inc. has a 1 year low of $4.33 and a 1 year high of $7.67. The business has a fifty day moving average of $6.43 and a 200-day moving average of $6.63.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC lifted its position in Tile Shop by 17.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 85,105 shares of the company’s stock worth $626,000 after purchasing an additional 12,921 shares during the period. Focus Financial Network Inc. ADV acquired a new stake in shares of Tile Shop in the fourth quarter valued at $118,000. Fund 1 Investments LLC grew its holdings in Tile Shop by 13.9% during the fourth quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock worth $37,539,000 after acquiring an additional 620,899 shares during the period. Denali Advisors LLC raised its position in 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 acquiring an additional 13,200 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings 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 during the last quarter. 36.66% of the stock is currently owned by 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.