SG Americas Securities LLC Boosts Holdings in Tile Shop Holdings, Inc. (NASDAQ:TTSH)

SG Americas Securities LLC increased its holdings in Tile Shop Holdings, Inc. (NASDAQ:TTSH) by 19.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 15,700 shares of the company’s stock after purchasing an additional 2,548 shares during the period. SG Americas Securities LLC’s holdings in Tile Shop were worth $116,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in TTSH. Allspring Global Investments Holdings LLC bought a new position in shares of Tile Shop during the third quarter valued at about $25,000. Teachers Retirement System of The State of Kentucky bought a new position in Tile Shop during the 3rd quarter worth approximately $33,000. Prudential Financial Inc. purchased a new position in Tile Shop in the 2nd quarter worth approximately $35,000. Virtu Financial LLC bought a new stake in Tile Shop in the second quarter valued at approximately $39,000. Finally, Citigroup Inc. purchased a new stake in shares of Tile Shop during the second quarter valued at approximately $48,000. Institutional investors own 36.66% of the company’s stock.

Tile Shop Stock Down 2.3 %

Shares of NASDAQ TTSH opened at $6.50 on Friday. The firm’s fifty day moving average is $6.79 and its 200 day moving average is $6.45. Tile Shop Holdings, Inc. has a 52 week low of $4.07 and a 52 week high of $7.67. The company has a market cap of $289.32 million, a price-to-earnings ratio of 28.26 and a beta of 1.39.

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%.

Insider Buying and Selling at Tile Shop

In related news, major shareholder Fund 1 Investments, Llc purchased 37,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 17th. The stock was bought at an average cost of $6.66 per share, with a total value of $246,420.00. Following the completion of the purchase, the insider now directly owns 5,921,308 shares in the company, valued at $39,435,911.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders acquired 1,247,922 shares of company stock valued at $8,443,699 in the last 90 days. Insiders own 36.50% 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.