Fund 1 Investments, Llc Buys 7,500 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 7,500 shares of the company’s stock in a transaction dated Wednesday, April 10th. The stock was acquired at an average price of $6.84 per share, with a total value of $51,300.00. Following the purchase, the insider now owns 5,817,108 shares in the company, valued at approximately $39,789,018.72. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 Monday, April 8th, Fund 1 Investments, Llc acquired 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 Friday, April 5th, Fund 1 Investments, Llc bought 57,500 shares of Tile Shop stock. The shares were purchased at an average price of $6.96 per share, with a total value of $400,200.00.
• On Wednesday, April 3rd, Fund 1 Investments, Llc bought 50,000 shares of Tile Shop stock. The shares were purchased at an average price of $6.98 per share, with a total value of $349,000.00.
• On Monday, April 1st, Fund 1 Investments, Llc bought 25,000 shares of Tile Shop stock. The shares were purchased at an average price of $7.01 per share, with a total value of $175,250.00.
• On Thursday, March 28th, Fund 1 Investments, Llc bought 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 bought 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 bought 37,500 shares of Tile Shop stock. The shares were purchased 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 bought 24,000 shares of Tile Shop stock. The shares were purchased 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 bought 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 bought at an average price of $6.55 per share, with a total value of $65,500.00.

Tile Shop Trading Up 0.6 %

TTSH opened at $6.93 on Friday. The stock has a market capitalization of $308.45 million, a PE ratio of 30.13 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. The firm has a 50-day moving average price of $6.76 and a two-hundred day moving average price of $6.42.

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

Institutional Investors Weigh In On Tile Shop

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TTSH. JPMorgan Chase & Co. boosted its stake in shares of Tile Shop by 65.7% in the 1st quarter. JPMorgan Chase & Co. now owns 50,118 shares of the company’s stock valued at $328,000 after purchasing an additional 19,870 shares during the last quarter. Raymond James & Associates bought a new position in shares of Tile Shop in the 1st quarter valued at about $81,000. Bank of New York Mellon Corp boosted its stake in shares of Tile Shop by 6.5% in the 1st quarter. Bank of New York Mellon Corp now owns 36,483 shares of the company’s stock valued at $239,000 after purchasing an additional 2,241 shares during the last quarter. Citigroup Inc. boosted its stake in shares of Tile Shop by 157.6% in the 1st quarter. Citigroup Inc. now owns 56,266 shares of the company’s stock valued at $369,000 after purchasing an additional 34,426 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Tile Shop by 76.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 202,388 shares of the company’s stock valued at $1,326,000 after purchasing an additional 87,397 shares during the last quarter. Institutional investors and hedge funds own 36.66% of the company’s stock.

Tile Shop Company 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.