Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Buys 3,000 Shares

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 3,000 shares of the business’s stock in a transaction dated Thursday, October 3rd. The shares were bought at an average cost of $6.37 per share, for a total transaction of $19,110.00. Following the completion of the transaction, the insider now directly owns 7,922,236 shares of the company’s stock, valued at $50,464,643.32. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, September 30th, Fund 1 Investments, Llc purchased 17,500 shares of Tile Shop stock. The stock was bought at an average cost of $6.55 per share, for a total transaction of $114,625.00.
• On Friday, September 27th, Fund 1 Investments, Llc bought 7,000 shares of Tile Shop stock. The stock was purchased 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 purchased 11,500 shares of Tile Shop stock. The shares were purchased at an average price of $6.55 per share, for a total transaction of $75,325.00.
• On Monday, September 23rd, Fund 1 Investments, Llc purchased 3,500 shares of Tile Shop stock. The stock was purchased 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 purchased at an average price of $6.65 per share, for a total transaction of $185,535.00.
• On Wednesday, September 18th, Fund 1 Investments, Llc bought 25,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.61 per share, with a total value of $168,555.00.
• On Monday, September 16th, Fund 1 Investments, Llc purchased 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 price of $6.17 per share, with a total value of $119,093.34.
• On Monday, September 9th, Fund 1 Investments, Llc bought 6,000 shares of Tile Shop stock. The stock was acquired at an average price of $5.95 per share, for a total transaction of $35,700.00.
• On Thursday, September 5th, Fund 1 Investments, Llc purchased 20,500 shares of Tile Shop stock. The shares were bought at an average price of $5.88 per share, with a total value of $120,540.00.

Tile Shop Stock Performance

Tile Shop stock opened at $6.49 on Friday. The firm’s 50 day moving average price is $6.30 and its two-hundred day moving average price is $6.62. The firm has a market cap of $288.97 million, a PE ratio of 30.90 and a beta of 1.42. Tile Shop Holdings, Inc. has a twelve month low of $4.33 and a twelve month high of $7.67.

Tile Shop (NASDAQ:TTSH) 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 net margin of 1.50% and a return on equity of 4.47%. The business had revenue of $91.38 million for the quarter.

Institutional Investors Weigh In On Tile Shop

Institutional investors have recently made changes to their positions in the company. Fund 1 Investments LLC increased its stake 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 worth $37,539,000 after purchasing an additional 620,899 shares during the last quarter. Hillsdale Investment Management Inc. bought a new stake in Tile Shop in the first quarter worth $2,417,000. American Century Companies Inc. increased its position in Tile Shop by 167.7% during the second quarter. American Century Companies Inc. now owns 216,325 shares of the company’s stock worth $1,499,000 after buying an additional 135,507 shares during the last quarter. Quadrature Capital Ltd bought a new position in Tile Shop during the first quarter valued at about $413,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of Tile Shop by 5.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,108,846 shares of the company’s stock worth $7,684,000 after buying an additional 53,515 shares during the last quarter. 36.66% of the stock is currently owned by institutional investors and hedge funds.

About Tile Shop

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.