Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Acquires 7,000 Shares

Posted by Editorial Team on Oct 3rd, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc bought 7,000 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was acquired at an average price of $6.61 per share, for a total transaction of $46,270.00. Following the completion of the transaction, the insider now owns 7,885,636 shares in the company, valued at $52,124,053.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major 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 Monday, September 30th, Fund 1 Investments, Llc purchased 17,500 shares of Tile Shop stock. The shares were bought at an average price of $6.55 per share, for a total transaction of $114,625.00.
On Wednesday, September 25th, Fund 1 Investments, Llc bought 11,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.55 per share, with a total value of $75,325.00.
On Monday, September 23rd, Fund 1 Investments, Llc acquired 3,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.63 per share, with a total value of $23,205.00.
On Friday, September 20th, Fund 1 Investments, Llc acquired 27,900 shares of Tile Shop stock. The shares were acquired at an average price of $6.65 per share, with a total value of $185,535.00.
On Wednesday, September 18th, Fund 1 Investments, Llc bought 25,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.61 per share, with a total value of $168,555.00.
On Monday, September 16th, Fund 1 Investments, Llc acquired 2,507 shares of Tile Shop stock. The shares were bought at an average cost of $6.41 per share, with a total value of $16,069.87.
On Wednesday, September 11th, Fund 1 Investments, Llc purchased 19,302 shares of Tile Shop stock. The stock was bought at an average price of $6.17 per share, with a total value of $119,093.34.
On Monday, September 9th, Fund 1 Investments, Llc bought 6,000 shares of Tile Shop stock. The stock was purchased at an average cost of $5.95 per share, for a total transaction of $35,700.00.
On Thursday, September 5th, Fund 1 Investments, Llc acquired 20,500 shares of Tile Shop stock. The shares were purchased at an average price of $5.88 per share, for a total transaction of $120,540.00.
On Tuesday, September 3rd, Fund 1 Investments, Llc purchased 22,600 shares of Tile Shop stock. The shares were acquired at an average cost of $6.08 per share, for a total transaction of $137,408.00.

Tile Shop Stock Down 0.6 %

TTSH stock opened at $6.44 on Thursday. The company has a 50 day moving average of $6.33 and a two-hundred day moving average of $6.63. The company has a market cap of $286.75 million, a price-to-earnings ratio of 30.71 and a beta of 1.42. Tile Shop Holdings, Inc. has a 12-month low of $4.33 and a 12-month high of $7.67.

Tile Shop (NASDAQ:TTSH – Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported $0.03 earnings per share for the quarter. The company had revenue of $91.38 million for the quarter. Tile Shop had a return on equity of 4.47% and a net margin of 1.50%.

Hedge Funds Weigh In On Tile Shop

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company grew its position in Tile Shop by 30.7% in the second quarter. The Manufacturers Life Insurance Company now owns 13,398 shares of the company’s stock worth $93,000 after acquiring an additional 3,145 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Tile Shop by 32.9% in the second quarter. Renaissance Technologies LLC now owns 110,000 shares of the company’s stock worth $762,000 after purchasing an additional 27,200 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Tile Shop by 5.1% during the second quarter. Dimensional Fund Advisors LP now owns 1,108,846 shares of the company’s stock worth $7,684,000 after buying an additional 53,515 shares during the last quarter. American Century Companies Inc. raised its holdings in Tile Shop by 167.7% during the second quarter. American Century Companies Inc. now owns 216,325 shares of the company’s stock valued at $1,499,000 after buying an additional 135,507 shares in the last quarter. Finally, Ritholtz Wealth Management lifted its position in shares of Tile Shop by 15.5% in the second quarter. Ritholtz Wealth Management now owns 76,977 shares of the company’s stock worth $533,000 after buying an additional 10,312 shares during the last quarter. Institutional investors own 36.66% of the company’s stock.

Tile Shop Company Profile

(Get Free Report)

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.