Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Buys 27,900 Shares of Stock

Posted by Defense World Staff on Sep 21st, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc acquired 27,900 shares of the company’s stock in a transaction that occurred on Friday, September 20th. The shares were acquired at an average cost of $6.65 per share, for a total transaction of $185,535.00. Following the acquisition, the insider now directly owns 7,825,836 shares of the company’s stock, valued at $52,041,809.40. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own more than 10% 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 Wednesday, September 18th, Fund 1 Investments, Llc acquired 25,500 shares of Tile Shop stock. The shares were 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 acquired 2,507 shares of Tile Shop stock. The shares were acquired at an average cost of $6.41 per share, for a total transaction of $16,069.87.
On Wednesday, September 11th, Fund 1 Investments, Llc acquired 19,302 shares of Tile Shop stock. The shares were acquired at an average cost of $6.17 per share, for a total transaction of $119,093.34.
On Monday, September 9th, Fund 1 Investments, Llc bought 6,000 shares of Tile Shop stock. The stock was purchased at an average cost of $5.95 per share, for a total transaction of $35,700.00.
On Thursday, September 5th, Fund 1 Investments, Llc bought 20,500 shares of Tile Shop stock. The stock was purchased at an average cost 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 purchased at an average cost of $6.08 per share, for a total transaction of $137,408.00.
On Thursday, August 29th, Fund 1 Investments, Llc bought 20,500 shares of Tile Shop stock. The stock was purchased at an average cost of $6.09 per share, for a total transaction of $124,845.00.
On Tuesday, August 27th, Fund 1 Investments, Llc bought 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 cost of $6.07 per share, for a total transaction of $48,560.00.
On Friday, August 16th, Fund 1 Investments, Llc bought 3,500 shares of Tile Shop stock. The stock was purchased at an average cost of $6.17 per share, for a total transaction of $21,595.00.

Tile Shop Stock Down 1.9 %

TTSH opened at $6.62 on Friday. The firm has a market cap of $294.76 million, a P/E ratio of 31.52 and a beta of 1.43. Tile Shop Holdings, Inc. has a 52 week low of $4.33 and a 52 week high of $7.67. The business’s fifty day simple moving average is $6.41 and its 200 day simple moving average is $6.64.

Tile Shop (NASDAQ:TTSH – Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.03 EPS for the quarter. The business had revenue of $91.38 million for the quarter. Tile Shop had a return on equity of 4.47% and a net margin of 1.50%.

Institutional Trading of Tile Shop

A number of large investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company boosted its stake in shares of Tile Shop by 30.7% during the second quarter. The Manufacturers Life Insurance Company now owns 13,398 shares of the company’s stock valued at $93,000 after acquiring an additional 3,145 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of Tile Shop during the first quarter valued at $25,000. BNP Paribas Financial Markets boosted its stake 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 valued at $102,000 after acquiring an additional 6,446 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its position in Tile Shop by 5.5% during the first quarter. O Shaughnessy Asset Management LLC now owns 140,548 shares of the company’s stock worth $988,000 after buying an additional 7,268 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in Tile Shop by 9.2% during the first quarter. Janney Montgomery Scott LLC now owns 92,910 shares of the company’s stock worth $653,000 after buying an additional 7,805 shares during the period. Institutional investors and hedge funds 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.