Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Acquires 28,000 Shares

Posted by Brian Wu on Jun 24th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc acquired 28,000 shares of the stock in a transaction that occurred on Thursday, June 20th. The stock was purchased at an average price of $6.97 per share, with a total value of $195,160.00. Following the completion of the transaction, the insider now owns 6,861,438 shares of the company’s stock, valued at $47,824,222.86. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 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 Monday, June 24th, Fund 1 Investments, Llc acquired 74,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.97 per share, with a total value of $519,265.00.
On Monday, June 17th, Fund 1 Investments, Llc bought 88,500 shares of Tile Shop stock. The shares were bought at an average price of $6.80 per share, with a total value of $601,800.00.
On Friday, June 14th, Fund 1 Investments, Llc bought 55,500 shares of Tile Shop stock. The shares were bought at an average price of $6.63 per share, with a total value of $367,965.00.
On Wednesday, June 12th, Fund 1 Investments, Llc bought 26,000 shares of Tile Shop stock. The shares were bought at an average price of $6.66 per share, with a total value of $173,160.00.
On Monday, June 10th, Fund 1 Investments, Llc bought 70,500 shares of Tile Shop stock. The shares were bought at an average price of $6.56 per share, with a total value of $462,480.00.
On Friday, June 7th, Fund 1 Investments, Llc bought 30,500 shares of Tile Shop stock. The shares were bought at an average price of $6.66 per share, with a total value of $203,130.00.
On Wednesday, June 5th, Fund 1 Investments, Llc acquired 8,141 shares of Tile Shop stock. The stock was acquired at an average price of $6.73 per share, with a total value of $54,788.93.
On Monday, June 3rd, Fund 1 Investments, Llc acquired 11,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.73 per share, with a total value of $74,030.00.
On Thursday, May 30th, Fund 1 Investments, Llc acquired 4,500 shares of Tile Shop stock. The stock was acquired at an average price of $6.41 per share, with a total value of $28,845.00.
On Tuesday, May 28th, Fund 1 Investments, Llc acquired 18,393 shares of Tile Shop stock. The stock was acquired at an average price of $6.55 per share, with a total value of $120,474.15.

Tile Shop Stock Performance

NASDAQ TTSH traded up $0.03 during trading on Monday, hitting $6.97. The stock had a trading volume of 145,695 shares, compared to its average volume of 112,301. The company has a market capitalization of $310.37 million, a PE ratio of 33.19 and a beta of 1.38. The company’s 50-day moving average price is $6.64 and its two-hundred day moving average price is $6.77. Tile Shop Holdings, Inc. has a 12 month low of $4.33 and a 12 month high of $7.67.

Tile Shop (NASDAQ:TTSH – Get Free Report) last released its earnings results on Thursday, May 9th. The company reported $0.04 EPS for the quarter. The firm had revenue of $91.73 million for the quarter. Tile Shop had a return on equity of 7.77% and a net margin of 2.52%.

Institutional Investors Weigh In On Tile Shop

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Fund 1 Investments LLC raised its stake in shares of Tile Shop by 13.9% during the 4th quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock worth $37,539,000 after purchasing an additional 620,899 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Tile Shop by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 1,298,881 shares of the company’s stock worth $9,131,000 after purchasing an additional 10,062 shares in the last quarter. First Eagle Investment Management LLC raised its stake in shares of Tile Shop by 8.5% during the 1st quarter. First Eagle Investment Management LLC now owns 373,484 shares of the company’s stock worth $2,626,000 after purchasing an additional 29,400 shares in the last quarter. Hillsdale Investment Management Inc. bought a new stake in shares of Tile Shop during the 1st quarter worth approximately $2,417,000. Finally, O Shaughnessy Asset Management LLC raised its stake in Tile Shop by 17.0% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 144,857 shares of the company’s stock valued at $795,000 after acquiring an additional 21,053 shares during the period. Institutional investors own 36.66% of the company’s stock.

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.