Insider Buying: Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys $75,325.00 in Stock

Posted by Don Miller on Sep 28th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc purchased 11,500 shares of Tile Shop stock in a transaction that occurred on Wednesday, September 25th. The shares were bought at an average price of $6.55 per share, with a total value of $75,325.00. Following the transaction, the insider now owns 7,848,836 shares of the company’s stock, valued at approximately $51,409,875.80. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 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, September 23rd, Fund 1 Investments, Llc purchased 3,500 shares of Tile Shop stock. The shares were bought at an average price of $6.63 per share, with a total value of $23,205.00.
On Friday, September 20th, Fund 1 Investments, Llc acquired 27,900 shares of Tile Shop stock. The shares were acquired 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 acquired 25,500 shares of Tile Shop stock. The shares were acquired 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 acquired 2,507 shares of Tile Shop stock. The shares were acquired 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 acquired 19,302 shares of Tile Shop stock. The shares were acquired 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 acquired 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 acquired 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 acquired at an average cost of $6.08 per share, for a total transaction of $137,408.00.
On Thursday, August 29th, Fund 1 Investments, Llc acquired 20,500 shares of Tile Shop stock. The shares were acquired at an average cost of $6.09 per share, for a total transaction of $124,845.00.
On Tuesday, August 27th, Fund 1 Investments, Llc purchased 7,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.05 per share, for a total transaction of $42,350.00.

Tile Shop Trading Up 1.7 %

Shares of Tile Shop stock opened at $6.61 on Friday. 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 $294.32 million, a price-to-earnings ratio of 31.48 and a beta of 1.43. The company’s 50-day moving average price is $6.35 and its 200-day moving average price is $6.63.

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

Institutional Investors Weigh In On Tile Shop

A number of institutional investors and hedge funds have recently modified their holdings of TTSH. Russell Investments Group Ltd. bought a new position in shares of Tile Shop in the first quarter worth approximately $25,000. The Manufacturers Life Insurance Company increased its position 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 purchasing an additional 3,145 shares during the last quarter. BNP Paribas Financial Markets increased its position 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 purchasing an additional 6,446 shares during the last quarter. Focus Financial Network Inc. ADV bought a new position in shares of Tile Shop in the fourth quarter worth approximately $118,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Tile Shop in the second quarter worth approximately $157,000. 36.66% of the stock is owned by hedge funds and other institutional investors.

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.