Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Acquires $400,200.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 57,500 shares of the firm’s stock in a transaction that occurred on Friday, April 5th. The stock was bought at an average cost of $6.96 per share, for a total transaction of $400,200.00. Following the completion of the acquisition, the insider now owns 5,789,608 shares in the company, valued at approximately $40,295,671.68. 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 Monday, April 8th, Fund 1 Investments, Llc acquired 5,000 shares of Tile Shop stock. The shares were bought at an average cost of $7.00 per share, for a total transaction of $35,000.00.
• On Wednesday, April 3rd, Fund 1 Investments, Llc bought 50,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.98 per share, with a total value of $349,000.00.
• On Monday, April 1st, Fund 1 Investments, Llc bought 25,000 shares of Tile Shop stock. The shares were bought at an average price of $7.01 per share, with a total value of $175,250.00.
• On Thursday, March 28th, Fund 1 Investments, Llc purchased 198,993 shares of Tile Shop stock. The shares were purchased at an average price of $7.03 per share, with a total value of $1,398,920.79.
• On Tuesday, March 26th, Fund 1 Investments, Llc acquired 20,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.96 per share, for a total transaction of $139,200.00.
• On Friday, March 22nd, Fund 1 Investments, Llc bought 37,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.98 per share, with a total value of $261,750.00.
• On Wednesday, March 20th, Fund 1 Investments, Llc purchased 24,000 shares of Tile Shop stock. The shares were acquired at an average cost of $6.89 per share, for a total transaction of $165,360.00.
• On Monday, March 18th, Fund 1 Investments, Llc acquired 279,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.51 per share, with a total value of $1,816,290.00.
• On Thursday, March 14th, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.55 per share, for a total transaction of $65,500.00.
• On Friday, March 8th, Fund 1 Investments, Llc purchased 10,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.82 per share, with a total value of $68,200.00.

Tile Shop Price Performance

Shares of NASDAQ TTSH opened at $6.89 on Friday. Tile Shop Holdings, Inc. has a 1-year low of $4.07 and a 1-year high of $7.67. The business’s 50 day moving average is $6.75 and its two-hundred day moving average is $6.41. The stock has a market capitalization of $306.67 million, a P/E ratio of 29.96 and a beta of 1.39.

Tile Shop (NASDAQ:TTSH) last released its earnings results on Thursday, February 29th. The company reported $0.01 earnings per share for the quarter. Tile Shop had a return on equity of 8.64% and a net margin of 2.67%. The firm had revenue of $84.46 million for the quarter.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC bought a new stake in shares of Tile Shop in the 3rd quarter worth about $25,000. Teachers Retirement System of The State of Kentucky bought a new stake in Tile Shop in the third quarter worth about $33,000. Prudential Financial Inc. purchased a new position in shares of Tile Shop during the second quarter valued at approximately $35,000. Gladius Capital Management LP bought a new position in shares of Tile Shop during the fourth quarter valued at approximately $38,000. Finally, Virtu Financial LLC purchased a new stake in shares of Tile Shop in the second quarter worth approximately $39,000. 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.