Tile Shop Holdings, Inc. (NASDAQ:TTSH) Shares Sold by First Eagle Investment Management LLC

First Eagle Investment Management LLC trimmed its holdings in Tile Shop Holdings, Inc. (NASDAQ:TTSH) by 4.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 356,484 shares of the company’s stock after selling 17,000 shares during the period. First Eagle Investment Management LLC owned 0.80% of Tile Shop worth $2,470,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TTSH. Fund 1 Investments LLC grew its holdings in Tile Shop by 13.9% in the fourth quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock valued at $37,539,000 after purchasing an additional 620,899 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Tile Shop by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 1,298,881 shares of the company’s stock valued at $9,131,000 after purchasing an additional 10,062 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Tile Shop by 5.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,108,846 shares of the company’s stock valued at $7,684,000 after buying an additional 53,515 shares during the period. Hillsdale Investment Management Inc. acquired a new stake in shares of Tile Shop during the 1st quarter worth $2,417,000. Finally, American Century Companies Inc. raised its position in shares of Tile Shop by 167.7% in the 2nd quarter. American Century Companies Inc. now owns 216,325 shares of the company’s stock worth $1,499,000 after buying an additional 135,507 shares during the period. Hedge funds and other institutional investors own 36.66% of the company’s stock.

Insider Transactions at Tile Shop

In related news, major shareholder Fund 1 Investments, Llc acquired 95,000 shares of the business’s stock in a transaction on Friday, July 5th. The shares were bought at an average cost of $6.80 per share, with a total value of $646,000.00. Following the completion of the transaction, the insider now directly owns 7,274,623 shares of the company’s stock, valued at approximately $49,467,436.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders acquired 693,242 shares of company stock valued at $4,658,042 over the last 90 days. Corporate insiders own 36.60% of the company’s stock.

Tile Shop Trading Down 1.9 %

Shares of Tile Shop stock opened at $6.62 on Friday. The stock has a market capitalization of $294.76 million, a P/E ratio of 31.52 and a beta of 1.43. The business’s fifty day moving average price is $6.41 and its 200 day moving average price is $6.64. Tile Shop Holdings, Inc. has a twelve month low of $4.33 and a twelve month high of $7.67.

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

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.