Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Purchases 20,500 Shares

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 20,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The stock was acquired at an average price of $5.88 per share, with a total value of $120,540.00. Following the completion of the purchase, the insider now owns 7,732,627 shares in the company, valued at $45,467,846.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more 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 Tuesday, September 3rd, Fund 1 Investments, Llc acquired 22,600 shares of Tile Shop stock. The shares were purchased at an average cost of $6.08 per share, for a total transaction of $137,408.00.
• On Thursday, August 29th, Fund 1 Investments, Llc acquired 20,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.09 per share, for a total transaction of $124,845.00.
• On Tuesday, August 27th, Fund 1 Investments, Llc acquired 7,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.05 per share, for a total transaction of $42,350.00.
• On Tuesday, August 20th, Fund 1 Investments, Llc acquired 8,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.07 per share, for a total transaction of $48,560.00.
• On Friday, August 16th, Fund 1 Investments, Llc acquired 3,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.17 per share, for a total transaction of $21,595.00.
• On Wednesday, August 14th, Fund 1 Investments, Llc acquired 13,300 shares of Tile Shop stock. The shares were purchased at an average cost of $5.99 per share, for a total transaction of $79,667.00.
• On Monday, August 12th, Fund 1 Investments, Llc purchased 14,300 shares of Tile Shop stock. The shares were bought at an average cost 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 shares were bought 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 purchased 10,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.00 per share, for a total transaction of $60,000.00.
• On Monday, August 5th, Fund 1 Investments, Llc purchased 7,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.15 per share, for a total transaction of $43,050.00.

Tile Shop Price Performance

Shares of NASDAQ TTSH opened at $5.93 on Friday. The firm’s 50-day moving average price is $6.52 and its 200-day moving average price is $6.66. The company has a market cap of $264.04 million, a PE ratio of 28.24 and a beta of 1.43. Tile Shop Holdings, Inc. has a 52-week low of $4.33 and a 52-week high of $7.67.

Tile Shop (NASDAQ:TTSH) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $91.38 million for the quarter. Tile Shop had a net margin of 1.50% and a return on equity of 4.47%.

Hedge Funds Weigh In On Tile Shop

A number of institutional investors and hedge funds have recently made changes to their positions in TTSH. Russell Investments Group Ltd. purchased a new position in shares of Tile Shop in the first quarter worth approximately $25,000. Gladius Capital Management LP purchased a new position in shares of Tile Shop in the fourth quarter worth approximately $38,000. The Manufacturers Life Insurance Company boosted its holdings in shares of Tile Shop by 30.7% in the second quarter. The Manufacturers Life Insurance Company now owns 13,398 shares of the company’s stock worth $93,000 after buying an additional 3,145 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings 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 worth $102,000 after buying an additional 6,446 shares during the last quarter. Finally, Focus Financial Network Inc. ADV purchased a new position in shares of Tile Shop in the fourth quarter worth approximately $118,000. Hedge funds and other institutional investors own 36.66% of the company’s stock.

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.