Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Purchases $400,200.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 57,500 shares of the firm’s stock in a transaction dated Friday, April 5th. The shares were purchased at an average price of $6.96 per share, for a total transaction of $400,200.00. Following the completion of the transaction, the insider now directly owns 5,789,608 shares in the company, valued at $40,295,671.68. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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, April 8th, Fund 1 Investments, Llc purchased 5,000 shares of Tile Shop stock. The stock was acquired at an average price of $7.00 per share, with a total value of $35,000.00.
• On Wednesday, April 3rd, Fund 1 Investments, Llc acquired 50,000 shares of Tile Shop stock. The shares were bought at an average price of $6.98 per share, for a total transaction of $349,000.00.
• On Monday, April 1st, Fund 1 Investments, Llc purchased 25,000 shares of Tile Shop stock. The stock was bought at an average price of $7.01 per share, for a total transaction of $175,250.00.
• On Thursday, March 28th, Fund 1 Investments, Llc acquired 198,993 shares of Tile Shop stock. The shares were purchased at an average price of $7.03 per share, with a total value of $1,398,920.79.
• On Tuesday, March 26th, Fund 1 Investments, Llc purchased 20,000 shares of Tile Shop stock. The shares were purchased 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 purchased 37,500 shares of Tile Shop stock. The stock was acquired at an average cost 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 shares were purchased at an average cost of $6.89 per share, with a total value of $165,360.00.
• On Monday, March 18th, Fund 1 Investments, Llc bought 279,000 shares of Tile Shop stock. The shares were acquired at an average cost of $6.51 per share, for a total transaction of $1,816,290.00.
• On Thursday, March 14th, Fund 1 Investments, Llc purchased 10,000 shares of Tile Shop stock. The shares were acquired at an average cost of $6.55 per share, with a total value of $65,500.00.
• On Friday, March 8th, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.82 per share, with a total value of $68,200.00.

Tile Shop Price Performance

Shares of TTSH opened at $7.00 on Wednesday. The company has a 50-day moving average of $6.73 and a 200 day moving average of $6.40. The firm has a market capitalization of $311.57 million, a price-to-earnings ratio of 30.44 and a beta of 1.39. Tile Shop Holdings, Inc. has a 1-year low of $4.07 and a 1-year high of $7.67.

Tile Shop (NASDAQ:TTSH) last released its quarterly earnings data on Thursday, February 29th. The company reported $0.01 earnings per share (EPS) 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

Institutional investors have recently added to or reduced their stakes in the stock. Fund 1 Investments LLC boosted its holdings in shares of Tile Shop by 13.9% in the 4th quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock valued at $37,539,000 after buying an additional 620,899 shares in the last quarter. BlackRock Inc. grew its stake in shares of Tile Shop by 13.2% during the third quarter. BlackRock Inc. now owns 1,718,706 shares of the company’s stock worth $6,050,000 after acquiring an additional 200,276 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Tile Shop by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,707,862 shares of the company’s stock valued at $6,012,000 after purchasing an additional 10,758 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Tile Shop by 5.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,044,717 shares of the company’s stock worth $7,689,000 after purchasing an additional 54,688 shares in the last quarter. Finally, Shay Capital LLC grew its position in Tile Shop by 1,023.7% during the 4th quarter. Shay Capital LLC now owns 882,304 shares of the company’s stock worth $3,864,000 after purchasing an additional 803,786 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.