Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Purchases 10,000 Shares

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 10,000 shares of the stock in a transaction dated Tuesday, April 30th. The stock was acquired at an average cost of $6.71 per share, for a total transaction of $67,100.00. Following the purchase, the insider now directly owns 6,058,446 shares in the company, valued at $40,652,172.66. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 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 Thursday, May 2nd, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.74 per share, with a total value of $67,400.00.
• On Monday, April 22nd, Fund 1 Investments, Llc purchased 98,438 shares of Tile Shop stock. The stock was purchased at an average cost of $6.34 per share, for a total transaction of $624,096.92.
• On Friday, April 19th, Fund 1 Investments, Llc bought 24,200 shares of Tile Shop stock. The stock was purchased at an average price of $6.26 per share, for a total transaction of $151,492.00.
• On Wednesday, April 17th, Fund 1 Investments, Llc purchased 37,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.66 per share, for a total transaction of $246,420.00.
• On Monday, April 15th, Fund 1 Investments, Llc bought 11,700 shares of Tile Shop stock. The shares were acquired at an average price of $6.82 per share, for a total transaction of $79,794.00.
• On Wednesday, April 10th, Fund 1 Investments, Llc acquired 7,500 shares of Tile Shop stock. The stock was bought 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 shares were bought 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 shares were bought 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 acquired 50,000 shares of Tile Shop stock. The shares were bought at an average price 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 bought at an average price of $7.01 per share, with a total value of $175,250.00.

Tile Shop Stock Down 1.9 %

Shares of NASDAQ TTSH traded down $0.13 during trading hours on Thursday, reaching $6.74. 73,840 shares of the stock traded hands, compared to its average volume of 123,188. The company’s 50-day simple moving average is $6.78 and its two-hundred day simple moving average is $6.54. The company has a market capitalization of $300.00 million, a P/E ratio of 29.31 and a beta of 1.42. Tile Shop Holdings, Inc. has a 52-week low of $4.30 and a 52-week high of $7.67.

Tile Shop (NASDAQ:TTSH) last released its quarterly earnings results on Thursday, February 29th. The company reported $0.01 earnings per share for the quarter. The company 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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of Tile Shop in the third quarter valued at approximately $25,000. Gladius Capital Management LP purchased a new stake in Tile Shop in the 4th quarter worth approximately $38,000. Stokes Family Office LLC grew its stake in shares of 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 buying an additional 2,201 shares during the period. SG Americas Securities LLC purchased a new stake in Tile Shop during the 3rd quarter worth $72,000. Finally, Strs Ohio raised its stake in shares of Tile Shop by 568.2% in the 3rd quarter. Strs Ohio now owns 14,700 shares of the company’s stock valued at $80,000 after purchasing an additional 12,500 shares in the last quarter. 36.66% of the stock is owned by 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.