Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Acquires 2,507 Shares

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 2,507 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was bought at an average cost of $6.41 per share, for a total transaction of $16,069.87. Following the completion of the acquisition, the insider now owns 7,772,436 shares in the company, valued at approximately $49,821,314.76. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 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 Wednesday, September 11th, Fund 1 Investments, Llc purchased 19,302 shares of Tile Shop stock. The shares were bought at an average cost of $6.17 per share, with a total value of $119,093.34.
• On Monday, September 9th, Fund 1 Investments, Llc acquired 6,000 shares of Tile Shop stock. The shares were bought at an average cost of $5.95 per share, for a total transaction of $35,700.00.
• On Thursday, September 5th, Fund 1 Investments, Llc bought 20,500 shares of Tile Shop stock. The shares were purchased at an average price of $5.88 per share, for a total transaction of $120,540.00.
• On Tuesday, September 3rd, Fund 1 Investments, Llc purchased 22,600 shares of Tile Shop stock. The stock was purchased at an average price of $6.08 per share, with a total value 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 price of $6.09 per share, for a total transaction of $124,845.00.
• On Tuesday, August 27th, Fund 1 Investments, Llc purchased 7,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.05 per share, with a total value of $42,350.00.
• On Tuesday, August 20th, Fund 1 Investments, Llc acquired 8,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.07 per share, for a total transaction of $48,560.00.
• On Friday, August 16th, Fund 1 Investments, Llc bought 3,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.17 per share, with a total value of $21,595.00.
• On Wednesday, August 14th, Fund 1 Investments, Llc purchased 13,300 shares of Tile Shop stock. The stock was acquired 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 acquired 14,300 shares of Tile Shop stock. The shares were bought at an average cost of $5.93 per share, with a total value of $84,799.00.

Tile Shop Stock Performance

Shares of NASDAQ:TTSH opened at $6.40 on Tuesday. The firm has a market cap of $284.97 million, a price-to-earnings ratio of 30.48 and a beta of 1.43. The firm has a fifty day moving average price of $6.45 and a 200 day moving average price of $6.64. 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 released its quarterly earnings data on Thursday, August 8th. The company reported $0.03 EPS for the quarter. The business had revenue of $91.38 million during 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 hedge funds and other institutional investors have recently added to or reduced their stakes in TTSH. The Manufacturers Life Insurance Company raised its holdings in shares of Tile Shop by 30.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,398 shares of the company’s stock worth $93,000 after acquiring an additional 3,145 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in Tile Shop during the first quarter valued at $25,000. BNP Paribas Financial Markets lifted its position in Tile Shop by 80.3% during 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 last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of Tile Shop by 5.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 140,548 shares of the company’s stock worth $988,000 after buying an additional 7,268 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Tile Shop by 9.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 92,910 shares of the company’s stock worth $653,000 after buying an additional 7,805 shares during the last quarter. 36.66% of the stock is owned by 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.