Insider Buying: Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys 13,300 Shares of Stock

Posted by James Conley on Aug 16th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc acquired 13,300 shares of the firm’s stock in a transaction on Wednesday, August 14th. The stock was purchased at an average price of $5.99 per share, for a total transaction of $79,667.00. Following the transaction, the insider now directly owns 7,606,027 shares of the company’s stock, valued at approximately $45,560,101.73. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 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 Friday, August 16th, Fund 1 Investments, Llc acquired 3,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.17 per share, for a total transaction of $21,595.00.
On Monday, August 12th, Fund 1 Investments, Llc acquired 14,300 shares of Tile Shop stock. The stock was purchased at an average price of $5.93 per share, for a total transaction of $84,799.00.
On Friday, August 9th, Fund 1 Investments, Llc acquired 15,304 shares of Tile Shop stock. The stock was purchased at an average price of $6.04 per share, for a total transaction of $92,436.16.
On Wednesday, August 7th, Fund 1 Investments, Llc acquired 10,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.00 per share, for a total transaction of $60,000.00.
On Monday, August 5th, Fund 1 Investments, Llc bought 7,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.15 per share, for a total transaction of $43,050.00.
On Friday, August 2nd, Fund 1 Investments, Llc bought 12,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.56 per share, for a total transaction of $82,000.00.
On Wednesday, July 31st, Fund 1 Investments, Llc bought 48,500 shares of Tile Shop stock. The shares were bought at an average cost of $7.26 per share, for a total transaction of $352,110.00.
On Friday, July 26th, Fund 1 Investments, Llc bought 12,500 shares of Tile Shop stock. The shares were bought at an average cost of $7.00 per share, for a total transaction of $87,500.00.
On Tuesday, July 23rd, Fund 1 Investments, Llc acquired 34,000 shares of Tile Shop stock. The shares were acquired at an average cost of $7.05 per share, for a total transaction of $239,700.00.
On Thursday, July 18th, Fund 1 Investments, Llc acquired 13,500 shares of Tile Shop stock. The shares were acquired at an average cost of $7.02 per share, for a total transaction of $94,770.00.

Tile Shop Price Performance

NASDAQ:TTSH traded up $0.06 during mid-day trading on Friday, hitting $6.16. 41,340 shares of the company’s stock were exchanged, compared to its average volume of 109,984. Tile Shop Holdings, Inc. has a one year low of $4.33 and a one year high of $7.67. The business has a fifty day moving average price of $6.77 and a 200 day moving average price of $6.71. The company has a market cap of $274.28 million, a PE ratio of 29.43 and a beta of 1.43.

Institutional Investors Weigh In On Tile Shop

Several hedge funds have recently bought and sold shares of TTSH. Russell Investments Group Ltd. bought a new position in shares of Tile Shop in the first quarter worth approximately $25,000. Gladius Capital Management LP bought a new position in shares of Tile Shop in the fourth quarter worth approximately $38,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Tile Shop in the fourth quarter worth approximately $95,000. The Manufacturers Life Insurance Company lifted its stake in shares of Tile Shop by 30.7% in the second quarter. The Manufacturers Life Insurance Company now owns 13,398 shares of the company’s stock worth $93,000 after buying an additional 3,145 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in shares of Tile Shop by 80.3% in the first 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 in the last quarter. 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.