Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Acquires $38,520.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 6,000 shares of Tile Shop stock in a transaction on Tuesday, October 8th. The shares were acquired at an average cost of $6.42 per share, for a total transaction of $38,520.00. Following the completion of the transaction, the insider now owns 7,934,469 shares of the company’s stock, valued at $50,939,290.98. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Major shareholders that own at least 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 Thursday, October 3rd, Fund 1 Investments, Llc purchased 3,000 shares of Tile Shop stock. The shares were acquired at an average cost of $6.37 per share, for a total transaction of $19,110.00.
• On Monday, September 30th, Fund 1 Investments, Llc bought 17,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.55 per share, for a total transaction 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 cost 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 shares were purchased at an average cost of $6.55 per share, for a total transaction of $75,325.00.
• On Monday, September 23rd, Fund 1 Investments, Llc bought 3,500 shares of Tile Shop stock. The shares were 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 bought 27,900 shares of Tile Shop stock. The shares were purchased at an average cost of $6.65 per share, for a total transaction of $185,535.00.
• On Wednesday, September 18th, Fund 1 Investments, Llc bought 25,500 shares of Tile Shop stock. The shares were purchased 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 bought 2,507 shares of Tile Shop stock. The shares were purchased 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 purchased 19,302 shares of Tile Shop stock. The stock was bought at an average price of $6.17 per share, with a total value of $119,093.34.
• On Monday, September 9th, Fund 1 Investments, Llc purchased 6,000 shares of Tile Shop stock. The stock was bought at an average price of $5.95 per share, with a total value of $35,700.00.

Tile Shop Price Performance

Shares of NASDAQ:TTSH traded down $0.01 during midday trading on Tuesday, reaching $6.39. The company had a trading volume of 44,099 shares, compared to its average volume of 99,239. The stock’s fifty day moving average price is $6.28 and its 200-day moving average price is $6.61. The stock has a market capitalization of $284.52 million, a P/E ratio of 30.57 and a beta of 1.42. Tile Shop Holdings, Inc. has a one year low of $4.33 and a one year high of $7.67.

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

Institutional Trading of Tile Shop

Institutional investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. bought a new stake in Tile Shop during the first quarter valued at $25,000. The Manufacturers Life Insurance Company increased its stake in 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 purchasing an additional 3,145 shares during the last quarter. BNP Paribas Financial Markets increased its stake in 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 purchasing an additional 6,446 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Tile Shop during the second quarter valued at $157,000. Finally, Denali Advisors LLC increased its stake in Tile Shop by 62.9% during the first quarter. Denali Advisors LLC now owns 34,200 shares of the company’s stock valued at $240,000 after purchasing an additional 13,200 shares during the last quarter. Institutional investors own 36.66% of the company’s stock.

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.