Insider Buying: Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys 11,700 Shares of Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 11,700 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The stock was acquired at an average cost of $6.82 per share, for a total transaction of $79,794.00. Following the acquisition, the insider now owns 5,853,808 shares of the company’s stock, valued at approximately $39,922,970.56. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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 Wednesday, April 17th, Fund 1 Investments, Llc acquired 37,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.66 per share, for a total transaction of $246,420.00.
• On Wednesday, April 10th, Fund 1 Investments, Llc acquired 7,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.84 per share, for a total transaction of $51,300.00.
• On Monday, April 8th, Fund 1 Investments, Llc acquired 5,000 shares of Tile Shop stock. The stock was acquired at an average cost of $7.00 per share, for a total transaction of $35,000.00.
• On Friday, April 5th, Fund 1 Investments, Llc purchased 57,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.96 per share, for a total transaction of $400,200.00.
• On Wednesday, April 3rd, Fund 1 Investments, Llc purchased 50,000 shares of Tile Shop stock. The shares were purchased at an average cost 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 shares were purchased at an average cost of $7.01 per share, for a total transaction of $175,250.00.
• On Thursday, March 28th, Fund 1 Investments, Llc purchased 198,993 shares of Tile Shop stock. The shares were purchased at an average cost of $7.03 per share, for a total transaction 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 cost of $6.96 per share, for a total transaction of $139,200.00.
• On Friday, March 22nd, Fund 1 Investments, Llc purchased 37,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.98 per share, for a total transaction of $261,750.00.
• On Wednesday, March 20th, Fund 1 Investments, Llc purchased 24,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.89 per share, for a total transaction of $165,360.00.

Tile Shop Price Performance

Shares of NASDAQ:TTSH opened at $6.50 on Friday. Tile Shop Holdings, Inc. has a 1-year low of $4.07 and a 1-year high of $7.67. The company has a market capitalization of $289.32 million, a P/E ratio of 28.26 and a beta of 1.39. The firm’s 50 day simple moving average is $6.79 and its two-hundred day simple moving average is $6.45.

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. The firm had revenue of $84.46 million for 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 institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Tile Shop by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 1,288,819 shares of the company’s stock valued at $9,486,000 after buying an additional 10,452 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Tile Shop during the fourth quarter valued at approximately $114,000. Barclays PLC raised its position in shares of Tile Shop by 328.5% during the fourth quarter. Barclays PLC now owns 44,488 shares of the company’s stock valued at $328,000 after buying an additional 34,106 shares during the last quarter. Fund 1 Investments LLC raised its position in shares of Tile Shop by 13.9% during the fourth 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 during the last quarter. Finally, Northern Trust Corp raised its position in shares of Tile Shop by 4.2% during the fourth quarter. Northern Trust Corp now owns 227,710 shares of the company’s stock valued at $1,676,000 after buying an additional 9,165 shares during the last quarter. Institutional investors 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.