Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Acquires $246,420.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 37,000 shares of Tile Shop stock in a transaction that occurred on Wednesday, April 17th. The stock was acquired at an average price of $6.66 per share, with a total value of $246,420.00. Following the completion of the acquisition, the insider now directly owns 5,921,308 shares in the company, valued at approximately $39,435,911.28. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Monday, April 15th, Fund 1 Investments, Llc acquired 11,700 shares of Tile Shop stock. The stock was acquired 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 stock was acquired at an average price of $6.84 per share, with a total value 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 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, with a total value 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 price of $6.98 per share, with a total value of $349,000.00.
• On Monday, April 1st, Fund 1 Investments, Llc acquired 25,000 shares of Tile Shop stock. The stock was acquired at an average price of $7.01 per share, with a total value of $175,250.00.
• On Thursday, March 28th, Fund 1 Investments, Llc bought 198,993 shares of Tile Shop stock. The stock was 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 bought 20,000 shares of Tile Shop stock. The stock was 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 bought 37,500 shares of Tile Shop stock. The stock was 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 bought 24,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.89 per share, for a total transaction of $165,360.00.

Tile Shop Stock Down 2.3 %

TTSH stock opened at $6.50 on Friday. Tile Shop Holdings, Inc. has a twelve month low of $4.07 and a twelve month high of $7.67. The stock has a market cap of $289.32 million, a P/E ratio of 28.26 and a beta of 1.39. The business’s 50-day moving average price is $6.79 and its 200-day moving average price is $6.45.

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

Hedge Funds Weigh In On Tile Shop

Large investors have recently bought and sold shares of the business. First Eagle Investment Management LLC boosted its holdings in Tile Shop by 30.4% during the 3rd quarter. First Eagle Investment Management LLC now owns 318,784 shares of the company’s stock valued at $1,750,000 after acquiring an additional 74,250 shares during the period. Strs Ohio boosted its holdings in Tile Shop by 568.2% during the 3rd quarter. Strs Ohio now owns 14,700 shares of the company’s stock valued at $80,000 after acquiring an additional 12,500 shares during the period. Janney Montgomery Scott LLC purchased a new position in Tile Shop during the 3rd quarter valued at $396,000. Stokes Family Office LLC boosted its holdings in Tile Shop by 20.1% during the 3rd quarter. Stokes Family Office LLC now owns 13,171 shares of the company’s stock valued at $72,000 after acquiring an additional 2,201 shares during the period. Finally, Punch & Associates Investment Management Inc. boosted its holdings in Tile Shop by 1.1% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 835,796 shares of the company’s stock valued at $4,589,000 after acquiring an additional 8,996 shares during the period. Hedge funds and other 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.