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 bought 37,000 shares of the stock in a transaction on Wednesday, April 17th. The stock was purchased at an average cost of $6.66 per share, for a total transaction of $246,420.00. Following the acquisition, the insider now directly owns 5,921,308 shares of the company’s stock, valued at approximately $39,435,911.28. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s stock 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 bought 11,700 shares of Tile Shop stock. The stock was 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 bought 7,500 shares of Tile Shop stock. The stock was purchased at an average cost 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 cost of $7.00 per share, for a total transaction of $35,000.00.
• On Friday, April 5th, Fund 1 Investments, Llc bought 57,500 shares of Tile Shop stock. The stock was purchased at an average cost 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 stock was purchased at an average cost of $6.98 per share, for a total transaction of $349,000.00.
• On Monday, April 1st, Fund 1 Investments, Llc bought 25,000 shares of Tile Shop stock. The stock was purchased 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 acquired 198,993 shares of Tile Shop stock. The shares were bought at an average price 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 shares were bought at an average price of $6.96 per share, with a total value of $139,200.00.
• On Friday, March 22nd, Fund 1 Investments, Llc acquired 37,500 shares of Tile Shop stock. The shares were bought at an average price of $6.98 per share, with a total value of $261,750.00.
• On Wednesday, March 20th, Fund 1 Investments, Llc acquired 24,000 shares of Tile Shop stock. The shares were bought at an average price of $6.89 per share, with a total value of $165,360.00.

Tile Shop Trading Down 1.2 %

Tile Shop stock opened at $6.65 on Thursday. The stock has a market cap of $295.99 million, a PE ratio of 28.91 and a beta of 1.39. The stock has a 50-day moving average price of $6.78 and a 200 day moving average price of $6.45. Tile Shop Holdings, Inc. has a 52 week low of $4.07 and a 52 week high of $7.67.

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

Institutional Trading of Tile Shop

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TTSH. Allspring Global Investments Holdings LLC purchased a new stake in Tile Shop in the 3rd quarter valued at about $25,000. Teachers Retirement System of The State of Kentucky acquired a new position in shares of Tile Shop in the 3rd quarter valued at about $33,000. Prudential Financial Inc. acquired a new position in shares of Tile Shop in the 2nd quarter valued at about $35,000. Gladius Capital Management LP acquired a new position in shares of Tile Shop in the 4th quarter valued at about $38,000. Finally, Virtu Financial LLC acquired a new position in Tile Shop during the 2nd quarter worth approximately $39,000. Hedge funds and other institutional investors own 36.66% of the company’s stock.

Tile Shop Company 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.