Fund 1 Investments, Llc Purchases 17,500 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Posted by Andrew Walz on Oct 2nd, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc purchased 17,500 shares of Tile Shop stock in a transaction dated Monday, September 30th. The shares were acquired at an average cost of $6.55 per share, with a total value of $114,625.00. Following the transaction, the insider now directly owns 7,903,136 shares in the company, valued at $51,765,540.80. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 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, September 27th, Fund 1 Investments, Llc acquired 7,000 shares of Tile Shop stock. The shares were bought at an average price of $6.61 per share, with a total value of $46,270.00.
On Wednesday, September 25th, Fund 1 Investments, Llc acquired 11,500 shares of Tile Shop stock. The shares were bought at an average price of $6.55 per share, with a total value of $75,325.00.
On Monday, September 23rd, Fund 1 Investments, Llc acquired 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 bought at an average price of $6.65 per share, with a total value of $185,535.00.
On Wednesday, September 18th, Fund 1 Investments, Llc acquired 25,500 shares of Tile Shop stock. The shares were bought at an average price of $6.61 per share, with a total value of $168,555.00.
On Monday, September 16th, Fund 1 Investments, Llc acquired 2,507 shares of Tile Shop stock. The shares were bought at an average price of $6.41 per share, with a total value of $16,069.87.
On Wednesday, September 11th, Fund 1 Investments, Llc acquired 19,302 shares of Tile Shop stock. The shares were bought at an average price of $6.17 per share, with a total value of $119,093.34.
On Monday, September 9th, Fund 1 Investments, Llc acquired 6,000 shares of Tile Shop stock. The shares were bought at an average price of $5.95 per share, with a total value of $35,700.00.
On Thursday, September 5th, Fund 1 Investments, Llc purchased 20,500 shares of Tile Shop stock. The stock was acquired at an average price of $5.88 per share, with a total value of $120,540.00.
On Tuesday, September 3rd, Fund 1 Investments, Llc purchased 22,600 shares of Tile Shop stock. The stock was acquired at an average price of $6.08 per share, with a total value of $137,408.00.

Tile Shop Price Performance

TTSH stock opened at $6.48 on Wednesday. Tile Shop Holdings, Inc. has a 1-year low of $4.33 and a 1-year high of $7.67. The company has a market capitalization of $288.53 million, a price-to-earnings ratio of 30.29 and a beta of 1.43. The business has a 50 day simple moving average of $6.34 and a two-hundred day simple moving average of $6.63.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fund 1 Investments LLC boosted its position in shares of Tile Shop by 13.9% during the 4th quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock valued at $37,539,000 after acquiring an additional 620,899 shares during the last quarter. Hillsdale Investment Management Inc. bought a new position in shares of Tile Shop during the 1st quarter valued at approximately $2,417,000. American Century Companies Inc. boosted its position in shares of Tile Shop by 167.7% during the 2nd quarter. American Century Companies Inc. now owns 216,325 shares of the company’s stock valued at $1,499,000 after acquiring an additional 135,507 shares during the last quarter. Quadrature Capital Ltd bought a new position in shares of Tile Shop during the 1st quarter valued at approximately $413,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Tile Shop by 5.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,108,846 shares of the company’s stock valued at $7,684,000 after acquiring an additional 53,515 shares during the last quarter. 36.66% of the stock is currently owned by 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.