Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Purchases $139,200.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 20,000 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was purchased at an average price of $6.96 per share, with a total value of $139,200.00. Following the completion of the transaction, the insider now directly owns 5,433,115 shares of the company’s stock, valued at approximately $37,814,480.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

• 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 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.
• On Monday, March 18th, Fund 1 Investments, Llc acquired 279,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.51 per share, with a total value of $1,816,290.00.
• On Thursday, March 14th, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The stock was bought at an average price of $6.55 per share, for a total transaction of $65,500.00.
• On Friday, March 8th, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The stock was bought at an average price of $6.82 per share, for a total transaction of $68,200.00.
• On Wednesday, March 6th, Fund 1 Investments, Llc bought 32,500 shares of Tile Shop stock. The stock was bought at an average price of $6.78 per share, for a total transaction of $220,350.00.
• On Thursday, February 29th, Fund 1 Investments, Llc bought 155,829 shares of Tile Shop stock. The stock was bought at an average price of $6.94 per share, for a total transaction of $1,081,453.26.
• On Tuesday, February 27th, Fund 1 Investments, Llc purchased 93,800 shares of Tile Shop stock. The shares were acquired at an average price of $6.89 per share, for a total transaction of $646,282.00.
• On Thursday, February 22nd, Fund 1 Investments, Llc purchased 60,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.49 per share, for a total transaction of $389,400.00.

Tile Shop Stock Up 0.9 %

Tile Shop stock traded up $0.06 during mid-day trading on Thursday, reaching $7.03. 394,438 shares of the company’s stock were exchanged, compared to its average volume of 134,645. The business’s fifty day simple moving average is $6.69 and its 200 day simple moving average is $6.29. The firm has a market capitalization of $312.91 million, a PE ratio of 30.57 and a beta of 1.39. Tile Shop Holdings, Inc. has a one year low of $4.07 and a one year high of $7.67.

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

Institutional Investors Weigh In On Tile Shop

Institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its stake in shares of Tile Shop by 4.1% in the 4th quarter. JPMorgan Chase & Co. now owns 46,066 shares of the company’s stock valued at $202,000 after purchasing an additional 1,835 shares during the period. Stokes Family Office LLC lifted its stake 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 valued at $72,000 after purchasing an additional 2,201 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Tile Shop by 6.5% in the 1st quarter. Bank of New York Mellon Corp now owns 36,483 shares of the company’s stock valued at $239,000 after purchasing an additional 2,241 shares during the period. SG Americas Securities LLC lifted its stake in shares of Tile Shop by 19.4% in the 4th quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock valued at $116,000 after purchasing an additional 2,548 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Tile Shop by 4.6% in the 1st quarter. Northern Trust Corp now owns 64,126 shares of the company’s stock valued at $420,000 after purchasing an additional 2,837 shares during the period. Hedge funds and other institutional investors own 36.66% of the company’s stock.

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.