Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Acquires $67,400.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 10,000 shares of the stock in a transaction on Thursday, May 2nd. The stock was acquired at an average price of $6.74 per share, for a total transaction of $67,400.00. Following the completion of the purchase, the insider now directly owns 6,068,446 shares in the company, valued at approximately $40,901,326.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 Tuesday, April 30th, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The stock was bought at an average cost of $6.71 per share, for a total transaction of $67,100.00.
• On Monday, April 22nd, Fund 1 Investments, Llc purchased 98,438 shares of Tile Shop stock. The shares were bought at an average cost of $6.34 per share, with a total value of $624,096.92.
• On Friday, April 19th, Fund 1 Investments, Llc acquired 24,200 shares of Tile Shop stock. The shares were bought at an average price of $6.26 per share, for a total transaction of $151,492.00.
• On Wednesday, April 17th, Fund 1 Investments, Llc bought 37,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.66 per share, with a total value of $246,420.00.
• On Monday, April 15th, Fund 1 Investments, Llc purchased 11,700 shares of Tile Shop stock. The stock was purchased at an average price of $6.82 per share, with a total value of $79,794.00.
• On Wednesday, April 10th, Fund 1 Investments, Llc acquired 7,500 shares of Tile Shop stock. The shares were purchased 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 purchased 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 acquired 57,500 shares of Tile Shop stock. The stock was 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 bought 50,000 shares of Tile Shop stock. The shares were acquired 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 purchased 25,000 shares of Tile Shop stock. The shares were acquired at an average cost of $7.01 per share, with a total value of $175,250.00.

Tile Shop Price Performance

NASDAQ:TTSH opened at $6.94 on Friday. The company has a market cap of $308.90 million, a P/E ratio of 30.18 and a beta of 1.42. The firm’s fifty day moving average price is $6.80 and its two-hundred day moving average price is $6.55. Tile Shop Holdings, Inc. has a one year low of $4.30 and a one year high of $7.67.

Tile Shop (NASDAQ:TTSH) last announced its quarterly earnings results on Thursday, February 29th. The company reported $0.01 EPS for the quarter. The business 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 Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Fund 1 Investments LLC boosted its position in shares of Tile Shop by 13.9% in the fourth quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock valued at $37,539,000 after acquiring an additional 620,899 shares during the period. First Eagle Investment Management LLC boosted its holdings in Tile Shop by 30.4% in the 3rd quarter. First Eagle Investment Management LLC now owns 318,784 shares of the company’s stock valued at $1,750,000 after purchasing an additional 74,250 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Tile Shop during the 3rd quarter worth approximately $396,000. O Shaughnessy Asset Management LLC grew its position in shares of Tile Shop by 17.0% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 144,857 shares of the company’s stock worth $795,000 after purchasing an additional 21,053 shares in the last quarter. Finally, Focus Financial Network Inc. ADV bought a new position in shares of Tile Shop during the fourth quarter worth approximately $118,000. Institutional investors 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.