Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Acquires 25,500 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 purchased 25,500 shares of the stock in a transaction that occurred on Wednesday, September 18th. The shares were purchased at an average cost of $6.61 per share, for a total transaction of $168,555.00. Following the completion of the acquisition, the insider now directly owns 7,797,936 shares of the company’s stock, valued at approximately $51,544,356.96. The transaction was disclosed in a filing with the SEC, which is available at 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 Friday, September 20th, Fund 1 Investments, Llc acquired 27,900 shares of Tile Shop stock. The shares were bought at an average price of $6.65 per share, with a total value of $185,535.00.
On Monday, September 16th, Fund 1 Investments, Llc acquired 2,507 shares of Tile Shop stock. The shares were bought at an average price of $6.41 per share, with a total value of $16,069.87.
On Wednesday, September 11th, Fund 1 Investments, Llc acquired 19,302 shares of Tile Shop stock. The shares were 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 acquired 6,000 shares of Tile Shop stock. The shares were bought at an average price of $5.95 per share, with a total value of $35,700.00.
On Thursday, September 5th, Fund 1 Investments, Llc acquired 20,500 shares of Tile Shop stock. The shares were bought at an average price of $5.88 per share, with a total value of $120,540.00.
On Tuesday, September 3rd, Fund 1 Investments, Llc acquired 22,600 shares of Tile Shop stock. The shares were 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 bought 20,500 shares of Tile Shop stock. The stock was acquired 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 bought 7,000 shares of Tile Shop stock. The stock was acquired 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 bought 8,000 shares of Tile Shop stock. The stock was acquired 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 bought 3,500 shares of Tile Shop stock. The stock was acquired at an average price of $6.17 per share, with a total value of $21,595.00.

Tile Shop Stock Down 1.9 %

Shares of NASDAQ TTSH opened at $6.62 on Friday. The firm has a 50-day simple moving average of $6.41 and a 200-day simple moving average of $6.64. The stock has a market capitalization of $294.76 million, a price-to-earnings 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.

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

Institutional Investors Weigh In On Tile Shop

Hedge funds and other institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. acquired a new stake in Tile Shop during the first quarter worth about $25,000. The Manufacturers Life Insurance Company increased its position 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 worth $93,000 after purchasing an additional 3,145 shares during the last quarter. BNP Paribas Financial Markets increased its position 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 purchasing an additional 6,446 shares during the last quarter. Focus Financial Network Inc. ADV acquired a new stake in Tile Shop during the fourth quarter worth about $118,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in Tile Shop during the second quarter worth about $157,000. 36.66% of the stock is currently owned by institutional investors and hedge funds.

Tile Shop Company Profile

(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.