Fund 1 Investments, Llc Acquires 74,500 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 74,500 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The shares were acquired at an average cost of $6.97 per share, with a total value of $519,265.00. Following the completion of the acquisition, the insider now directly owns 7,008,138 shares in the company, valued at $48,846,721.86. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

• On Thursday, June 20th, Fund 1 Investments, Llc bought 28,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.97 per share, with a total value of $195,160.00.
• On Monday, June 17th, Fund 1 Investments, Llc bought 88,500 shares of Tile Shop stock. The stock was purchased at an average cost of $6.80 per share, with a total value of $601,800.00.
• On Friday, June 14th, Fund 1 Investments, Llc purchased 55,500 shares of Tile Shop stock. The stock was bought at an average price 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 stock was bought at an average price of $6.66 per share, for a total transaction of $173,160.00.
• On Monday, June 10th, Fund 1 Investments, Llc bought 70,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.56 per share, for a total transaction of $462,480.00.
• On Friday, June 7th, Fund 1 Investments, Llc bought 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 bought 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.
• On Monday, June 3rd, Fund 1 Investments, Llc bought 11,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.73 per share, for a total transaction of $74,030.00.
• On Thursday, May 30th, Fund 1 Investments, Llc purchased 4,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.41 per share, for a total transaction of $28,845.00.
• On Tuesday, May 28th, Fund 1 Investments, Llc purchased 18,393 shares of Tile Shop stock. The stock was purchased at an average price of $6.55 per share, for a total transaction of $120,474.15.

Tile Shop Price Performance

Shares of Tile Shop stock opened at $6.90 on Wednesday. The firm has a market cap of $307.26 million, a price-to-earnings ratio of 32.86 and a beta of 1.38. The stock’s 50-day moving average is $6.65 and its 200-day moving average is $6.78. Tile Shop Holdings, Inc. has a one year low of $4.33 and a one year high of $7.67.

Tile Shop (NASDAQ:TTSH) last issued its quarterly earnings results on Thursday, May 9th. The company reported $0.04 EPS for the quarter. The company had revenue of $91.73 million for the quarter. Tile Shop had a return on equity of 7.77% and a net margin of 2.52%.

Institutional Trading of Tile Shop

A number of hedge funds and other institutional investors have recently modified their holdings of TTSH. Janney Montgomery Scott LLC acquired a new stake in shares of Tile Shop in the third quarter valued at about $396,000. O Shaughnessy Asset Management LLC increased its position in Tile Shop by 17.0% during the third quarter. O Shaughnessy Asset Management LLC now owns 144,857 shares of the company’s stock worth $795,000 after buying an additional 21,053 shares during the last quarter. SG Americas Securities LLC increased its position in Tile Shop by 19.4% during the fourth quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock worth $116,000 after buying an additional 2,548 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in Tile Shop during the fourth quarter worth approximately $95,000. Finally, Gladius Capital Management LP acquired a new position in Tile Shop during the fourth quarter worth approximately $38,000. Institutional investors and hedge funds own 36.66% of the company’s stock.

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.