Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys $79,794.00 in Stock

Posted by Lindsey Winhoffer on Apr 17th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc bought 11,700 shares of Tile Shop stock in a transaction dated Monday, April 15th. The shares were bought at an average cost of $6.82 per share, for a total transaction of $79,794.00. Following the completion of the acquisition, the insider now owns 5,853,808 shares in the company, valued at approximately $39,922,970.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large 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 Wednesday, April 17th, Fund 1 Investments, Llc acquired 37,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.66 per share, with a total value of $246,420.00.
On Wednesday, April 10th, Fund 1 Investments, Llc bought 7,500 shares of Tile Shop stock. The stock was purchased 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 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 bought 57,500 shares of Tile Shop stock. The stock was purchased 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 shares were bought 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 shares were acquired at an average cost 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 shares were acquired at an average cost 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 stock was purchased at an average cost 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 stock was purchased at an average cost 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 stock was purchased at an average cost of $6.89 per share, with a total value of $165,360.00.

Tile Shop Trading Down 1.2 %

Shares of NASDAQ:TTSH traded down $0.08 during mid-day trading on Wednesday, hitting $6.65. 104,821 shares of the company traded hands, compared to its average volume of 129,542. The stock has a market cap of $296.00 million, a P/E ratio of 28.91 and a beta of 1.39. Tile Shop Holdings, Inc. has a 12-month low of $4.07 and a 12-month high of $7.67. The stock has a 50-day moving average price of $6.78 and a two-hundred day moving average price of $6.45.

Tile Shop (NASDAQ:TTSH – Get Free Report) last issued 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 return on equity of 8.64% and a net margin of 2.67%.

Institutional Trading of Tile Shop

Hedge funds have recently bought and sold shares of the business. First Eagle Investment Management LLC grew its position in shares of Tile Shop by 30.4% in the third 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 in the last quarter. Strs Ohio grew its position in Tile Shop by 568.2% during the third quarter. Strs Ohio now owns 14,700 shares of the company’s stock worth $80,000 after buying an additional 12,500 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of Tile Shop in the 3rd quarter worth about $396,000. Stokes Family Office LLC boosted its holdings in shares of Tile Shop by 20.1% in the 3rd quarter. Stokes Family Office LLC now owns 13,171 shares of the company’s stock worth $72,000 after purchasing an additional 2,201 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. boosted its holdings in shares of Tile Shop by 1.1% in the 3rd quarter. Punch & Associates Investment Management Inc. now owns 835,796 shares of the company’s stock worth $4,589,000 after purchasing an additional 8,996 shares in the last quarter. 36.66% of the stock is currently owned by institutional investors.

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.