Mirae Asset Global Investments Co. Ltd. Purchases Shares of 12,964 Tile Shop Holdings, Inc. (NASDAQ:TTSH)

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 12,964 shares of the company’s stock, valued at approximately $95,000.

Other hedge funds have also modified their holdings of the company. Punch & Associates Investment Management Inc. increased its stake in Tile Shop by 1.1% in the 3rd quarter. Punch & Associates Investment Management Inc. now owns 835,796 shares of the company’s stock worth $4,589,000 after purchasing an additional 8,996 shares in the last quarter. First Eagle Investment Management LLC increased its position in shares of Tile Shop by 30.4% in the third quarter. First Eagle Investment Management LLC now owns 318,784 shares of the company’s stock worth $1,750,000 after acquiring an additional 74,250 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in shares of Tile Shop by 17.0% during the third quarter. O Shaughnessy Asset Management LLC now owns 144,857 shares of the company’s stock valued at $795,000 after acquiring an additional 21,053 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of Tile Shop in the 3rd quarter valued at approximately $396,000. Finally, SG Americas Securities LLC boosted its stake in Tile Shop by 19.4% in the 4th 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 during the period. 36.66% of the stock is currently owned by institutional investors and hedge funds.

Tile Shop Stock Up 2.4 %

Shares of NASDAQ:TTSH opened at $6.50 on Monday. The company has a market cap of $289.32 million, a P/E ratio of 28.26 and a beta of 1.39. The company’s fifty day moving average is $6.78 and its two-hundred day moving average is $6.51. Tile Shop Holdings, Inc. has a 12-month low of $4.17 and a 12-month high of $7.67.

Tile Shop (NASDAQ:TTSH) last announced its quarterly earnings data 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 firm had revenue of $84.46 million during the quarter.

Insider Buying and Selling

In related news, major shareholder Fund 1 Investments, Llc acquired 65,000 shares of the company’s stock in a transaction on Friday, February 2nd. The shares were purchased at an average price of $6.31 per share, for a total transaction of $410,150.00. Following the purchase, the insider now owns 5,380,271 shares in the company, valued at $33,949,510.01. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders purchased 1,352,560 shares of company stock worth $9,100,156. 36.50% of the stock is owned by company insiders.

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.