Fund 1 Investments, Llc Acquires 34,000 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Posted by Don Miller on Jun 27th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc acquired 34,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 26th. The stock was purchased at an average price of $6.85 per share, for a total transaction of $232,900.00. Following the acquisition, the insider now directly owns 7,077,558 shares of the company’s stock, valued at approximately $48,481,272.30. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Monday, June 24th, Fund 1 Investments, Llc bought 74,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.97 per share, with a total value of $519,265.00.
On Thursday, June 20th, Fund 1 Investments, Llc acquired 28,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.97 per share, with a total value of $195,160.00.
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, for a total transaction of $601,800.00.
On Friday, June 14th, Fund 1 Investments, Llc acquired 55,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.63 per share, for a total transaction 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 cost of $6.66 per share, with a total value of $173,160.00.
On Monday, June 10th, Fund 1 Investments, Llc purchased 70,500 shares of Tile Shop stock. The stock was purchased at an average cost of $6.56 per share, for a total transaction of $462,480.00.
On Friday, June 7th, Fund 1 Investments, Llc acquired 30,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.66 per share, with a total value of $203,130.00.
On Wednesday, June 5th, Fund 1 Investments, Llc bought 8,141 shares of Tile Shop stock. The shares were purchased at an average cost of $6.73 per share, with a total value of $54,788.93.
On Monday, June 3rd, Fund 1 Investments, Llc purchased 11,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.73 per share, for a total transaction of $74,030.00.
On Thursday, May 30th, Fund 1 Investments, Llc acquired 4,500 shares of Tile Shop stock. The shares were acquired at an average cost of $6.41 per share, with a total value of $28,845.00.

Tile Shop Trading Up 0.3 %

TTSH traded up $0.02 during midday trading on Thursday, reaching $6.85. The company’s stock had a trading volume of 70,849 shares, compared to its average volume of 111,831. Tile Shop Holdings, Inc. has a twelve month low of $4.33 and a twelve month high of $7.67. The stock has a market cap of $305.00 million, a P/E ratio of 32.81 and a beta of 1.38. The company has a fifty day simple moving average of $6.65 and a 200 day simple moving average of $6.78.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC acquired a new stake in Tile Shop during the third quarter worth about $396,000. O Shaughnessy Asset Management LLC lifted its position in shares of Tile Shop by 17.0% in the 3rd 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 during the period. SG Americas Securities LLC grew its holdings in shares of Tile Shop by 19.4% during the 4th quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock worth $116,000 after purchasing an additional 2,548 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Tile Shop in the fourth quarter valued at $95,000. Finally, Gladius Capital Management LP bought a new position in Tile Shop in the fourth quarter worth $38,000. 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.