Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock Holdings Boosted by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its position in Tile Shop Holdings, Inc. (NASDAQ:TTSH) by 32.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 110,000 shares of the company’s stock after purchasing an additional 27,200 shares during the quarter. Renaissance Technologies LLC owned about 0.25% of Tile Shop worth $762,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TTSH. Russell Investments Group Ltd. acquired a new stake in shares of Tile Shop in the first quarter valued at approximately $25,000. BNP Paribas Financial Markets increased its position in Tile Shop by 80.3% in the 1st 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 period. Allspring Global Investments Holdings LLC acquired a new stake in Tile Shop in the 2nd quarter valued at approximately $157,000. Denali Advisors LLC raised its stake in Tile Shop by 62.9% during the 1st quarter. Denali Advisors LLC now owns 34,200 shares of the company’s stock valued at $240,000 after acquiring an additional 13,200 shares in the last quarter. Finally, SageView Advisory Group LLC acquired a new position in Tile Shop during the 1st quarter worth $299,000. 36.66% of the stock is currently owned by institutional investors.

Tile Shop Stock Performance

NASDAQ:TTSH opened at $6.39 on Wednesday. The stock has a market cap of $284.52 million, a price-to-earnings ratio of 30.43 and a beta of 1.42. The business has a fifty day moving average of $6.27 and a 200-day moving average of $6.61. Tile Shop Holdings, Inc. has a 1 year low of $4.33 and a 1 year high of $7.67.

Tile Shop (NASDAQ:TTSH) last issued its quarterly 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 company had revenue of $91.38 million during the quarter.

Insiders Place Their Bets

In other news, major shareholder Fund 1 Investments, Llc acquired 6,000 shares of the company’s stock in a transaction dated Tuesday, October 8th. The shares were bought at an average price of $6.42 per share, with a total value of $38,520.00. Following the purchase, the insider now owns 7,934,469 shares of the company’s stock, valued at approximately $50,939,290.98. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders bought 452,213 shares of company stock worth $2,984,403 over the last ninety days. Company insiders own 36.60% of the company’s stock.

Tile Shop 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.