Fund 1 Investments, Llc Purchases 7,000 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Posted by Denise Davis on Oct 2nd, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc acquired 7,000 shares of Tile Shop stock in a transaction on Friday, September 27th. The stock was acquired at an average price of $6.61 per share, with a total value of $46,270.00. Following the purchase, the insider now directly owns 7,885,636 shares in the company, valued at $52,124,053.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major 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 Monday, September 30th, Fund 1 Investments, Llc acquired 17,500 shares of Tile Shop stock. The stock was acquired at an average price of $6.55 per share, with a total value of $114,625.00.
On Wednesday, September 25th, Fund 1 Investments, Llc purchased 11,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.55 per share, for a total transaction of $75,325.00.
On Monday, September 23rd, Fund 1 Investments, Llc purchased 3,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.63 per share, for a total transaction of $23,205.00.
On Friday, September 20th, Fund 1 Investments, Llc purchased 27,900 shares of Tile Shop stock. The shares were purchased at an average cost of $6.65 per share, for a total transaction of $185,535.00.
On Wednesday, September 18th, Fund 1 Investments, Llc purchased 25,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.61 per share, for a total transaction of $168,555.00.
On Monday, September 16th, Fund 1 Investments, Llc purchased 2,507 shares of Tile Shop stock. The shares were purchased at an average cost of $6.41 per share, for a total transaction of $16,069.87.
On Wednesday, September 11th, Fund 1 Investments, Llc purchased 19,302 shares of Tile Shop stock. The shares were purchased at an average cost of $6.17 per share, for a total transaction of $119,093.34.
On Monday, September 9th, Fund 1 Investments, Llc acquired 6,000 shares of Tile Shop stock. The shares were bought at an average cost of $5.95 per share, for a total transaction of $35,700.00.
On Thursday, September 5th, Fund 1 Investments, Llc acquired 20,500 shares of Tile Shop stock. The shares were bought at an average cost of $5.88 per share, for a total transaction of $120,540.00.
On Tuesday, September 3rd, Fund 1 Investments, Llc acquired 22,600 shares of Tile Shop stock. The shares were bought at an average cost of $6.08 per share, for a total transaction of $137,408.00.

Tile Shop Stock Performance

Shares of TTSH opened at $6.48 on Wednesday. The stock’s 50-day simple moving average is $6.34 and its 200 day simple moving average is $6.63. The stock has a market capitalization of $288.53 million, a price-to-earnings ratio of 30.29 and a beta of 1.43. Tile Shop Holdings, Inc. has a 52-week low of $4.33 and a 52-week high of $7.67.

Tile Shop (NASDAQ:TTSH – Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $91.38 million for the quarter. Tile Shop had a return on equity of 4.47% and a net margin of 1.50%.

Institutional Trading of Tile Shop

Several institutional investors and hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company raised its holdings in shares of Tile Shop by 30.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,398 shares of the company’s stock valued at $93,000 after acquiring an additional 3,145 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Tile Shop in the 1st quarter valued at about $25,000. BNP Paribas Financial Markets raised its holdings in shares of Tile Shop by 80.3% in the 1st quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock valued at $102,000 after acquiring an additional 6,446 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in shares of Tile Shop by 5.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 140,548 shares of the company’s stock valued at $988,000 after acquiring an additional 7,268 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Tile Shop by 9.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 92,910 shares of the company’s stock valued at $653,000 after acquiring an additional 7,805 shares in the last quarter. Hedge funds and other institutional investors own 36.66% of the company’s stock.

About Tile Shop

(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.