Insider Buying: Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys 13,300 Shares of Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 13,300 shares of the stock in a transaction that occurred on Wednesday, August 14th. The shares were purchased at an average cost of $5.99 per share, with a total value of $79,667.00. Following the purchase, the insider now directly owns 7,606,027 shares of the company’s stock, valued at $45,560,101.73. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% 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 Friday, August 16th, Fund 1 Investments, Llc acquired 3,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.17 per share, with a total value of $21,595.00.
• On Monday, August 12th, Fund 1 Investments, Llc bought 14,300 shares of Tile Shop stock. The shares were acquired at an average price of $5.93 per share, for a total transaction of $84,799.00.
• On Friday, August 9th, Fund 1 Investments, Llc purchased 15,304 shares of Tile Shop stock. The stock was acquired at an average cost of $6.04 per share, for a total transaction of $92,436.16.
• On Wednesday, August 7th, Fund 1 Investments, Llc acquired 10,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.00 per share, with a total value of $60,000.00.
• On Monday, August 5th, Fund 1 Investments, Llc bought 7,000 shares of Tile Shop stock. The shares were bought 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 purchased 12,500 shares of Tile Shop stock. The stock was bought at an average price of $6.56 per share, with a total value of $82,000.00.
• On Wednesday, July 31st, Fund 1 Investments, Llc acquired 48,500 shares of Tile Shop stock. The shares were bought 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 bought 12,500 shares of Tile Shop stock. The stock was purchased at an average price of $7.00 per share, with a total value of $87,500.00.
• On Tuesday, July 23rd, Fund 1 Investments, Llc purchased 34,000 shares of Tile Shop stock. The shares were purchased at an average cost of $7.05 per share, for a total transaction of $239,700.00.
• On Thursday, July 18th, Fund 1 Investments, Llc bought 13,500 shares of Tile Shop stock. The stock was purchased at an average price of $7.02 per share, for a total transaction of $94,770.00.

Tile Shop Price Performance

NASDAQ:TTSH opened at $6.16 on Monday. The company has a market cap of $274.28 million, a PE ratio of 29.33 and a beta of 1.43. Tile Shop Holdings, Inc. has a one year low of $4.33 and a one year high of $7.67. The firm has a 50-day moving average of $6.76 and a 200-day moving average of $6.71.

Institutional Trading of Tile Shop

Several institutional investors and hedge funds have recently modified their holdings of the stock. Fund 1 Investments LLC grew its holdings in 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 buying an additional 620,899 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Tile Shop by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 1,298,881 shares of the company’s stock worth $9,131,000 after acquiring an additional 10,062 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings 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 valued at $7,684,000 after purchasing an additional 53,515 shares during the last quarter. First Eagle Investment Management LLC lifted its position in shares of 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 purchasing an additional 29,400 shares in the last quarter. Finally, Hillsdale Investment Management Inc. bought a new position in shares of Tile Shop during the first quarter valued at about $2,417,000. 36.66% of the stock is owned by hedge funds and other institutional investors.

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.