Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Purchases 33,029 Shares

Posted by Ethan Ryder on Jul 4th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc acquired 33,029 shares of the firm’s stock in a transaction on Monday, July 1st. The stock was purchased at an average cost of $6.84 per share, with a total value of $225,918.36. Following the completion of the transaction, the insider now owns 7,147,623 shares in the company, valued at $48,889,741.32. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 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, June 28th, Fund 1 Investments, Llc acquired 27,500 shares of Tile Shop stock. The stock was purchased at an average cost of $6.91 per share, with a total value of $190,025.00.
On Wednesday, June 26th, Fund 1 Investments, Llc purchased 34,000 shares of Tile Shop stock. The shares were bought 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 purchased 74,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.97 per share, for a total transaction of $519,265.00.
On Thursday, June 20th, Fund 1 Investments, Llc purchased 28,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.97 per share, for a total transaction of $195,160.00.
On Monday, June 17th, Fund 1 Investments, Llc purchased 88,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.80 per share, for a total transaction of $601,800.00.
On Friday, June 14th, Fund 1 Investments, Llc purchased 55,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.63 per share, for a total transaction of $367,965.00.
On Wednesday, June 12th, Fund 1 Investments, Llc purchased 26,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.66 per share, for a total transaction of $173,160.00.
On Monday, June 10th, Fund 1 Investments, Llc purchased 70,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.56 per share, for a total transaction of $462,480.00.
On Friday, June 7th, Fund 1 Investments, Llc acquired 30,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.66 per share, for a total transaction of $203,130.00.
On Wednesday, June 5th, Fund 1 Investments, Llc acquired 8,141 shares of Tile Shop stock. The shares were acquired at an average price of $6.73 per share, for a total transaction of $54,788.93.

Tile Shop Stock Up 2.5 %

TTSH opened at $6.99 on Thursday. The firm has a market cap of $311.26 million, a price-to-earnings ratio of 33.29 and a beta of 1.43. Tile Shop Holdings, Inc. has a fifty-two week low of $4.33 and a fifty-two week high of $7.67. The company’s 50-day moving average price is $6.69 and its 200 day moving average price is $6.78.

Tile Shop (NASDAQ:TTSH – Get Free Report) last released its quarterly earnings data on Thursday, May 9th. The company reported $0.04 earnings per share for the quarter. The firm had revenue of $91.73 million for the quarter. Tile Shop had a net margin of 2.52% and a return on equity of 7.77%.

Institutional Investors Weigh In On Tile Shop

Several institutional investors and hedge funds have recently bought and sold shares of TTSH. Russell Investments Group Ltd. acquired a new stake in shares of Tile Shop in the first quarter valued at approximately $25,000. Gladius Capital Management LP acquired a new stake in shares of Tile Shop in the fourth quarter valued at approximately $38,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Tile Shop in the fourth quarter valued at approximately $95,000. BNP Paribas Financial Markets increased its stake 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 valued at $102,000 after purchasing an additional 6,446 shares during the period. Finally, SG Americas Securities LLC increased its stake in shares of Tile Shop by 19.4% in the fourth quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock valued at $116,000 after purchasing an additional 2,548 shares during the period. Institutional investors and hedge funds own 36.66% of the company’s stock.

Tile Shop Company Profile

(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.