Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Purchases 24,200 Shares of Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 24,200 shares of the business’s stock in a transaction on Friday, April 19th. The stock was bought at an average price of $6.26 per share, for a total transaction of $151,492.00. Following the completion of the purchase, the insider now directly owns 5,950,008 shares of the company’s stock, valued at approximately $37,247,050.08. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

• On Monday, April 22nd, Fund 1 Investments, Llc bought 98,438 shares of Tile Shop stock. The shares were purchased at an average cost of $6.34 per share, with a total value of $624,096.92.
• On Wednesday, April 17th, Fund 1 Investments, Llc bought 37,000 shares of Tile Shop stock. The stock was bought at an average price of $6.66 per share, for a total transaction of $246,420.00.
• On Monday, April 15th, Fund 1 Investments, Llc bought 11,700 shares of Tile Shop stock. The shares were purchased at an average cost of $6.82 per share, for a total transaction of $79,794.00.
• On Wednesday, April 10th, Fund 1 Investments, Llc acquired 7,500 shares of Tile Shop stock. The stock was bought at an average price of $6.84 per share, for a total transaction of $51,300.00.
• On Monday, April 8th, Fund 1 Investments, Llc bought 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 purchased 57,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.96 per share, for a total transaction of $400,200.00.
• On Wednesday, April 3rd, Fund 1 Investments, Llc acquired 50,000 shares of Tile Shop stock. The stock was acquired at an average cost 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 acquired 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 stock was bought at an average cost of $7.03 per share, with a total value of $1,398,920.79.
• On Tuesday, March 26th, Fund 1 Investments, Llc acquired 20,000 shares of Tile Shop stock. The stock was bought at an average cost of $6.96 per share, for a total transaction of $139,200.00.

Tile Shop Stock Up 0.6 %

Shares of Tile Shop stock opened at $6.38 on Tuesday. Tile Shop Holdings, Inc. has a 12-month low of $4.17 and a 12-month high of $7.67. The stock has a market capitalization of $283.97 million, a P/E ratio of 27.74 and a beta of 1.39. The stock has a 50 day moving average price of $6.79 and a two-hundred day moving average price of $6.48.

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

Institutional Investors Weigh In On Tile Shop

Institutional investors have recently bought and sold shares of the business. Stokes Family Office LLC lifted its holdings 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 acquiring an additional 2,201 shares during the period. SG Americas Securities LLC raised its position in Tile Shop by 19.4% in the fourth quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock worth $116,000 after purchasing an additional 2,548 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in Tile Shop during the third quarter worth about $25,000. Gladius Capital Management LP acquired a new stake in Tile Shop during the fourth quarter valued at approximately $38,000. Finally, Ritholtz Wealth Management grew its stake in shares of Tile Shop by 9.3% in the 3rd quarter. Ritholtz Wealth Management now owns 64,412 shares of the company’s stock valued at $354,000 after purchasing an additional 5,504 shares during the period. Institutional investors and hedge funds 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.