Fund 1 Investments, Llc Purchases 37,000 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 37,000 shares of the stock in a transaction dated 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 owns 5,921,308 shares in the company, valued at approximately $39,435,911.28. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% 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 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 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 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 Performance

Shares of NASDAQ TTSH traded down $0.08 during mid-day trading on Wednesday, hitting $6.65. The stock had a trading volume of 104,821 shares, compared to its average volume of 129,542. Tile Shop Holdings, Inc. has a 1 year low of $4.07 and a 1 year high of $7.67. The business has a 50 day moving average price of $6.78 and a two-hundred day moving average price of $6.45. The firm has a market cap of $296.00 million, a P/E ratio of 29.26 and a beta of 1.39.

Tile Shop (NASDAQ:TTSH) last issued its quarterly earnings data on Thursday, February 29th. The company reported $0.01 earnings per share (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

Hedge funds have recently added to or reduced their stakes in the stock. First Eagle Investment Management LLC increased its position 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 purchasing an additional 74,250 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 increased its position 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 purchasing an additional 2,201 shares during the period. Strs Ohio boosted its holdings in shares of 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 buying an additional 12,500 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. boosted its holdings in shares of 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 buying an additional 8,996 shares in the last quarter. 36.66% of the stock is owned by hedge funds and other institutional investors.

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.