Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Acquires 19,302 Shares

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 19,302 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The shares were acquired at an average price of $6.17 per share, for a total transaction of $119,093.34. Following the acquisition, the insider now directly owns 7,768,929 shares of the company’s stock, valued at approximately $47,934,291.93. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 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 Monday, September 16th, Fund 1 Investments, Llc purchased 2,507 shares of Tile Shop stock. The shares were bought at an average price of $6.41 per share, for a total transaction of $16,069.87.
• On Monday, September 9th, Fund 1 Investments, Llc bought 6,000 shares of Tile Shop stock. The stock was bought at an average cost of $5.95 per share, with a total value of $35,700.00.
• On Thursday, September 5th, Fund 1 Investments, Llc purchased 20,500 shares of Tile Shop stock. The shares were bought 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 acquired 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 stock was purchased at an average price 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 shares were purchased at an average price of $6.05 per share, with a total value of $42,350.00.
• On Tuesday, August 20th, Fund 1 Investments, Llc purchased 8,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.07 per share, for a total transaction of $48,560.00.
• On Friday, August 16th, Fund 1 Investments, Llc acquired 3,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.17 per share, with a total value of $21,595.00.
• On Wednesday, August 14th, Fund 1 Investments, Llc bought 13,300 shares of Tile Shop stock. The shares were acquired at an average price of $5.99 per share, for a total transaction of $79,667.00.
• On Monday, August 12th, Fund 1 Investments, Llc purchased 14,300 shares of Tile Shop stock. The shares were acquired at an average price of $5.93 per share, with a total value of $84,799.00.

Tile Shop Price Performance

Shares of NASDAQ TTSH opened at $6.40 on Tuesday. The company’s 50 day simple moving average is $6.45 and its 200 day simple moving average is $6.64. Tile Shop Holdings, Inc. has a fifty-two week low of $4.33 and a fifty-two week high of $7.67. The firm has a market capitalization of $284.97 million, a P/E ratio of 30.48 and a beta of 1.43.

Tile Shop (NASDAQ:TTSH) last posted its quarterly 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 for the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TTSH. The Manufacturers Life Insurance Company boosted its position 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 worth $93,000 after purchasing an additional 3,145 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in Tile Shop during the 1st quarter worth $25,000. BNP Paribas Financial Markets lifted its holdings in Tile Shop by 80.3% during the first quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock worth $102,000 after acquiring an additional 6,446 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its position in shares of Tile Shop by 5.5% in the first quarter. O Shaughnessy Asset Management LLC now owns 140,548 shares of the company’s stock worth $988,000 after purchasing an additional 7,268 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings 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 purchasing an additional 7,805 shares during the last quarter. Institutional investors and hedge funds 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.