Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Purchases $48,560.00 in Stock

Posted by Andrew Walz on Aug 22nd, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc purchased 8,000 shares of the stock in a transaction dated Tuesday, August 20th. The stock was bought at an average cost of $6.07 per share, with a total value of $48,560.00. Following the transaction, the insider now owns 7,617,527 shares in the company, valued at $46,238,388.89. 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 shares are required to disclose their sales and purchases with the SEC.

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

On Friday, August 16th, Fund 1 Investments, Llc purchased 3,500 shares of Tile Shop stock. The stock was bought at an average cost of $6.17 per share, with a total value of $21,595.00.
On Wednesday, August 14th, Fund 1 Investments, Llc purchased 13,300 shares of Tile Shop stock. The stock was bought at an average cost of $5.99 per share, with a total value of $79,667.00.
On Monday, August 12th, Fund 1 Investments, Llc bought 14,300 shares of Tile Shop stock. The stock was acquired at an average cost of $5.93 per share, with a total value of $84,799.00.
On Friday, August 9th, Fund 1 Investments, Llc bought 15,304 shares of Tile Shop stock. The stock was acquired at an average cost of $6.04 per share, with a total value of $92,436.16.
On Wednesday, August 7th, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.00 per share, with a total value of $60,000.00.
On Monday, August 5th, Fund 1 Investments, Llc bought 7,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.15 per share, with a total value of $43,050.00.
On Friday, August 2nd, Fund 1 Investments, Llc bought 12,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.56 per share, with a total value of $82,000.00.
On Wednesday, July 31st, Fund 1 Investments, Llc bought 48,500 shares of Tile Shop stock. The stock was acquired at an average cost of $7.26 per share, with a total value of $352,110.00.
On Friday, July 26th, Fund 1 Investments, Llc bought 12,500 shares of Tile Shop stock. The stock was acquired at an average cost of $7.00 per share, with a total value of $87,500.00.
On Tuesday, July 23rd, Fund 1 Investments, Llc bought 34,000 shares of Tile Shop stock. The stock was acquired at an average cost of $7.05 per share, with a total value of $239,700.00.

Tile Shop Stock Down 2.9 %

Shares of Tile Shop stock traded down $0.17 during trading hours on Thursday, reaching $5.77. 17,703 shares of the stock traded hands, compared to its average volume of 108,087. The company has a 50 day moving average price of $6.72 and a 200 day moving average price of $6.70. The firm has a market capitalization of $256.92 million, a price-to-earnings ratio of 28.29 and a beta of 1.43. Tile Shop Holdings, Inc. has a one year low of $4.33 and a one year high of $7.67.

Institutional Investors Weigh In On Tile Shop

A number of large investors have recently made changes to their positions in TTSH. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Tile Shop during the 4th quarter valued at about $95,000. Gladius Capital Management LP bought a new stake in shares of Tile Shop during the 4th quarter valued at about $38,000. Janney Montgomery Scott LLC grew its stake in shares of Tile Shop by 17.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 85,105 shares of the company’s stock valued at $626,000 after purchasing an additional 12,921 shares during the period. First Eagle Investment Management LLC grew its stake in shares of Tile Shop by 7.9% during the 4th quarter. First Eagle Investment Management LLC now owns 344,084 shares of the company’s stock valued at $2,532,000 after purchasing an additional 25,300 shares during the period. Finally, Focus Financial Network Inc. ADV bought a new stake in shares of Tile Shop during the 4th quarter valued at about $118,000. 36.66% of the stock is currently owned by institutional investors.

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.