Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Acquires $92,436.16 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 15,304 shares of the stock in a transaction on Friday, August 9th. The shares were acquired at an average price of $6.04 per share, for a total transaction of $92,436.16. Following the transaction, the insider now directly owns 7,578,427 shares of the company’s stock, valued at approximately $45,773,699.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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, August 12th, Fund 1 Investments, Llc bought 14,300 shares of Tile Shop stock. The stock was purchased at an average price of $5.93 per share, for a total transaction of $84,799.00.
• On Wednesday, August 7th, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.00 per share, for a total transaction of $60,000.00.
• On Monday, August 5th, Fund 1 Investments, Llc bought 7,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.15 per share, for a total transaction of $43,050.00.
• On Friday, August 2nd, Fund 1 Investments, Llc bought 12,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.56 per share, for a total transaction of $82,000.00.
• On Wednesday, July 31st, Fund 1 Investments, Llc bought 48,500 shares of Tile Shop stock. The stock was purchased at an average price of $7.26 per share, for a total transaction of $352,110.00.
• On Friday, July 26th, Fund 1 Investments, Llc acquired 12,500 shares of Tile Shop stock. The shares were bought at an average price of $7.00 per share, for a total transaction of $87,500.00.
• On Tuesday, July 23rd, Fund 1 Investments, Llc acquired 34,000 shares of Tile Shop stock. The shares were bought at an average price of $7.05 per share, for a total transaction of $239,700.00.
• On Thursday, July 18th, Fund 1 Investments, Llc acquired 13,500 shares of Tile Shop stock. The shares were bought at an average price of $7.02 per share, for a total transaction of $94,770.00.
• On Tuesday, July 16th, Fund 1 Investments, Llc acquired 28,500 shares of Tile Shop stock. The shares were bought at an average price of $7.25 per share, for a total transaction of $206,625.00.
• On Friday, July 12th, Fund 1 Investments, Llc acquired 31,000 shares of Tile Shop stock. The shares were bought at an average price of $7.24 per share, for a total transaction of $224,440.00.

Tile Shop Stock Performance

Shares of Tile Shop stock opened at $5.92 on Thursday. Tile Shop Holdings, Inc. has a one year low of $4.33 and a one year high of $7.67. The company has a market cap of $263.59 million, a price-to-earnings ratio of 28.19 and a beta of 1.43. The business’s 50 day moving average price is $6.78 and its 200 day moving average price is $6.71.

Institutional Investors Weigh In On Tile Shop

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TTSH. Russell Investments Group Ltd. acquired a new stake in Tile Shop during the first quarter worth $25,000. Gladius Capital Management LP acquired a new stake in Tile Shop during the fourth quarter worth $38,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Tile Shop during the fourth quarter worth $95,000. BNP Paribas Financial Markets increased its stake in Tile Shop by 80.3% during the first quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock worth $102,000 after acquiring an additional 6,446 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in Tile Shop by 19.4% during the fourth quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock worth $116,000 after acquiring an additional 2,548 shares during the last quarter. Institutional investors and hedge funds own 36.66% of the company’s stock.

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.