Insider Buying: Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Purchases 15,500 Shares of Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 15,500 shares of the stock in a transaction on Wednesday, July 10th. The shares were bought at an average cost of $6.87 per share, for a total transaction of $106,485.00. Following the purchase, the insider now owns 7,290,123 shares in the company, valued at approximately $50,083,145.01. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large 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, July 12th, Fund 1 Investments, Llc bought 31,000 shares of Tile Shop stock. The shares were bought at an average cost of $7.24 per share, for a total transaction of $224,440.00.
• On Friday, July 5th, Fund 1 Investments, Llc acquired 95,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.80 per share, for a total transaction of $646,000.00.
• On Wednesday, July 3rd, Fund 1 Investments, Llc acquired 10,000 shares of Tile Shop stock. The stock was acquired at an average cost of $7.01 per share, for a total transaction of $70,100.00.
• On Monday, July 1st, Fund 1 Investments, Llc acquired 33,029 shares of Tile Shop stock. The stock was acquired at an average cost of $6.84 per share, for a total transaction of $225,918.36.
• On Friday, June 28th, Fund 1 Investments, Llc acquired 27,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.91 per share, for a total transaction of $190,025.00.
• On Wednesday, June 26th, Fund 1 Investments, Llc acquired 34,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.85 per share, for a total transaction of $232,900.00.
• On Monday, June 24th, Fund 1 Investments, Llc bought 74,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.97 per share, with a total value of $519,265.00.
• On Thursday, June 20th, Fund 1 Investments, Llc bought 28,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.97 per share, with a total value of $195,160.00.
• On Monday, June 17th, Fund 1 Investments, Llc bought 88,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.80 per share, with a total value of $601,800.00.
• On Friday, June 14th, Fund 1 Investments, Llc bought 55,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.63 per share, with a total value of $367,965.00.

Tile Shop Trading Down 0.6 %

Shares of TTSH traded down $0.04 during midday trading on Friday, hitting $7.20. The stock had a trading volume of 162,468 shares, compared to its average volume of 114,367. The firm has a market cap of $320.62 million, a P/E ratio of 34.29 and a beta of 1.43. The business has a 50-day simple moving average of $6.73 and a two-hundred day simple moving average of $6.77. Tile Shop Holdings, Inc. has a fifty-two week low of $4.33 and a fifty-two week high of $7.67.

Tile Shop (NASDAQ:TTSH) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.04 EPS for the quarter. The business had revenue of $91.73 million during the quarter. Tile Shop had a net margin of 2.52% and a return on equity of 7.77%.

Institutional Trading of Tile Shop

Several institutional investors have recently made changes to their positions in the stock. Fund 1 Investments LLC boosted its holdings in shares of Tile Shop by 13.9% during the fourth 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 period. Vanguard Group Inc. raised its position in Tile Shop by 0.8% during the first quarter. Vanguard Group Inc. now owns 1,298,881 shares of the company’s stock valued at $9,131,000 after acquiring an additional 10,062 shares in the last quarter. First Eagle Investment Management LLC raised its position in Tile Shop by 8.5% during the first quarter. First Eagle Investment Management LLC now owns 373,484 shares of the company’s stock valued at $2,626,000 after acquiring an additional 29,400 shares in the last quarter. Hillsdale Investment Management Inc. bought a new position in Tile Shop during the first quarter valued at approximately $2,417,000. Finally, O Shaughnessy Asset Management LLC raised its position in Tile Shop by 5.5% during the first quarter. O Shaughnessy Asset Management LLC now owns 140,548 shares of the company’s stock valued at $988,000 after acquiring an additional 7,268 shares in the last quarter. 36.66% of the stock is currently owned by institutional investors and hedge funds.

Tile Shop Company Profile

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.