Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys $1,398,920.79 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSHGet Free Report) major shareholder Fund 1 Investments, Llc acquired 198,993 shares of the firm’s stock in a transaction that occurred on Thursday, March 28th. The stock was acquired at an average price of $7.03 per share, with a total value of $1,398,920.79. Following the completion of the acquisition, the insider now directly owns 5,632,108 shares of the company’s stock, valued at approximately $39,593,719.24. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own more than 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 Tuesday, March 26th, Fund 1 Investments, Llc acquired 20,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.96 per share, with a total value of $139,200.00.
  • On Friday, March 22nd, Fund 1 Investments, Llc acquired 37,500 shares of Tile Shop stock. The stock was acquired at an average price of $6.98 per share, with a total value of $261,750.00.
  • On Wednesday, March 20th, Fund 1 Investments, Llc acquired 24,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.89 per share, with a total value of $165,360.00.
  • On Monday, March 18th, Fund 1 Investments, Llc acquired 279,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.51 per share, with a total value of $1,816,290.00.
  • On Thursday, March 14th, Fund 1 Investments, Llc acquired 10,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.55 per share, for a total transaction of $65,500.00.
  • On Friday, March 8th, Fund 1 Investments, Llc acquired 10,000 shares of Tile Shop stock. The stock was bought at an average price of $6.82 per share, for a total transaction of $68,200.00.
  • On Wednesday, March 6th, Fund 1 Investments, Llc acquired 32,500 shares of Tile Shop stock. The stock was bought at an average price of $6.78 per share, for a total transaction of $220,350.00.
  • On Thursday, February 29th, Fund 1 Investments, Llc acquired 155,829 shares of Tile Shop stock. The stock was bought at an average price of $6.94 per share, for a total transaction of $1,081,453.26.
  • On Tuesday, February 27th, Fund 1 Investments, Llc acquired 93,800 shares of Tile Shop stock. The stock was bought at an average price of $6.89 per share, for a total transaction of $646,282.00.
  • On Thursday, February 22nd, Fund 1 Investments, Llc acquired 60,000 shares of Tile Shop stock. The stock was bought at an average price of $6.49 per share, for a total transaction of $389,400.00.

Tile Shop Price Performance

TTSH opened at $7.03 on Friday. Tile Shop Holdings, Inc. has a fifty-two week low of $4.07 and a fifty-two week high of $7.67. The firm’s fifty day moving average price is $6.69 and its two-hundred day moving average price is $6.31. The company has a market capitalization of $312.91 million, a P/E ratio of 30.57 and a beta of 1.39.

Tile Shop (NASDAQ:TTSHGet Free Report) last posted its quarterly earnings results on Thursday, February 29th. The company reported $0.01 earnings per share for the quarter. Tile Shop had a net margin of 2.67% and a return on equity of 8.64%. The firm had revenue of $84.46 million for the quarter.

Institutional Investors Weigh In On Tile Shop

A number of institutional investors have recently bought and sold shares of TTSH. JPMorgan Chase & Co. lifted its position in shares of Tile Shop by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 46,066 shares of the company’s stock worth $202,000 after buying an additional 1,835 shares during the period. Stokes Family Office LLC lifted its position in shares of Tile Shop by 20.1% during the 3rd quarter. Stokes Family Office LLC now owns 13,171 shares of the company’s stock worth $72,000 after buying an additional 2,201 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Tile Shop by 6.5% during the 1st quarter. Bank of New York Mellon Corp now owns 36,483 shares of the company’s stock worth $239,000 after buying an additional 2,241 shares during the period. SG Americas Securities LLC lifted its position in shares of Tile Shop by 19.4% during the 4th quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock worth $116,000 after buying an additional 2,548 shares during the period. Finally, Northern Trust Corp lifted its position in shares of Tile Shop by 4.6% during the 1st quarter. Northern Trust Corp now owns 64,126 shares of the company’s stock worth $420,000 after buying an additional 2,837 shares during the period. Institutional investors and hedge funds own 36.66% of the company’s stock.

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.

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Insider Buying and Selling by Quarter for Tile Shop (NASDAQ:TTSH)

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