Fund 1 Investments, Llc Purchases 27,500 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Posted by Don Miller on Jul 2nd, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc acquired 27,500 shares of the firm’s stock in a transaction that occurred on Friday, June 28th. The shares were bought at an average cost of $6.91 per share, for a total transaction of $190,025.00. Following the acquisition, the insider now owns 7,114,594 shares of the company’s stock, valued at approximately $49,161,844.54. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more 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, July 1st, Fund 1 Investments, Llc purchased 33,029 shares of Tile Shop stock. The shares were purchased at an average cost of $6.84 per share, for a total transaction of $225,918.36.
On Wednesday, June 26th, Fund 1 Investments, Llc acquired 34,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.85 per share, with a total value of $232,900.00.
On Monday, June 24th, Fund 1 Investments, Llc bought 74,500 shares of Tile Shop stock. The shares were purchased at an average price of $6.97 per share, for a total transaction 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, for a total transaction of $195,160.00.
On Monday, June 17th, Fund 1 Investments, Llc bought 88,500 shares of Tile Shop stock. The shares were acquired 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 purchased 55,500 shares of Tile Shop stock. The stock was acquired at an average price of $6.63 per share, for a total transaction of $367,965.00.
On Wednesday, June 12th, Fund 1 Investments, Llc acquired 26,000 shares of Tile Shop stock. The shares were acquired 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 bought 70,500 shares of Tile Shop stock. The shares were bought at an average price 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 stock was bought at an average price of $6.66 per share, for a total transaction of $203,130.00.
On Wednesday, June 5th, Fund 1 Investments, Llc acquired 8,141 shares of Tile Shop stock. The shares were bought at an average cost of $6.73 per share, for a total transaction of $54,788.93.

Tile Shop Price Performance

NASDAQ:TTSH traded down $0.10 on Tuesday, reaching $6.82. The stock had a trading volume of 74,873 shares, compared to its average volume of 114,672. Tile Shop Holdings, Inc. has a 12-month low of $4.33 and a 12-month high of $7.67. The company has a market cap of $303.69 million, a price-to-earnings ratio of 32.48 and a beta of 1.43. The firm’s fifty day moving average is $6.68 and its two-hundred day moving average is $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 Investors Weigh In On Tile Shop

Hedge funds have recently made changes to their positions in the business. Russell Investments Group Ltd. acquired a new position in Tile Shop during the first quarter worth approximately $25,000. Gladius Capital Management LP purchased a new stake in shares of Tile Shop during the 4th quarter valued at $38,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Tile Shop during the 4th quarter worth $95,000. BNP Paribas Financial Markets raised its position 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 worth $102,000 after buying an additional 6,446 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in Tile Shop by 19.4% in the fourth quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock valued at $116,000 after acquiring an additional 2,548 shares during the last quarter. Institutional investors and hedge funds 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.