Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Acquires $67,400.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, May 2nd. The shares were purchased at an average cost of $6.74 per share, with a total value of $67,400.00. Following the transaction, the insider now directly owns 6,068,446 shares of the company’s stock, valued at $40,901,326.04. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Large 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 Tuesday, April 30th, Fund 1 Investments, Llc acquired 10,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.71 per share, with a total value of $67,100.00.
• On Monday, April 22nd, Fund 1 Investments, Llc acquired 98,438 shares of Tile Shop stock. The shares were purchased at an average cost of $6.34 per share, with a total value of $624,096.92.
• On Friday, April 19th, Fund 1 Investments, Llc bought 24,200 shares of Tile Shop stock. The shares were acquired at an average cost of $6.26 per share, with a total value of $151,492.00.
• On Wednesday, April 17th, Fund 1 Investments, Llc bought 37,000 shares of Tile Shop stock. The shares were acquired at an average cost of $6.66 per share, with a total value 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 cost 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 purchased at an average cost 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 purchased at an average cost 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 purchased at an average cost 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 purchased at an average cost 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 purchased at an average cost of $7.01 per share, with a total value of $175,250.00.

Tile Shop Trading Down 1.9 %

NASDAQ:TTSH traded down $0.13 on Thursday, reaching $6.74. 73,840 shares of the stock traded hands, compared to its average volume of 123,188. The firm has a market capitalization of $300.00 million, a price-to-earnings ratio of 29.87 and a beta of 1.42. The company’s 50 day moving average is $6.78 and its 200-day moving average is $6.54. Tile Shop Holdings, Inc. has a 1-year low of $4.30 and a 1-year high of $7.67.

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

Institutional Investors Weigh In On Tile Shop

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Fund 1 Investments LLC increased its stake in Tile Shop by 13.9% in the fourth quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock valued at $37,539,000 after purchasing an additional 620,899 shares in the last quarter. Punch & Associates Investment Management Inc. increased its stake in Tile Shop by 1.1% in the third quarter. Punch & Associates Investment Management Inc. now owns 835,796 shares of the company’s stock valued at $4,589,000 after purchasing an additional 8,996 shares in the last quarter. First Eagle Investment Management LLC increased its position in shares of Tile Shop by 7.9% during the fourth quarter. First Eagle Investment Management LLC now owns 344,084 shares of the company’s stock worth $2,532,000 after acquiring an additional 25,300 shares in the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of Tile Shop by 17.0% during the third quarter. O Shaughnessy Asset Management LLC now owns 144,857 shares of the company’s stock worth $795,000 after acquiring an additional 21,053 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of Tile Shop by 9.2% during the first quarter. Janney Montgomery Scott LLC now owns 92,910 shares of the company’s stock worth $653,000 after acquiring an additional 7,805 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.