Fund 1 Investments, Llc Buys 27,500 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 27,500 shares of the company’s stock in a transaction on Friday, June 28th. The stock was acquired at an average price of $6.91 per share, with a total value of $190,025.00. Following the purchase, the insider now directly owns 7,114,594 shares in the company, valued at $49,161,844.54. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Monday, July 1st, Fund 1 Investments, Llc acquired 33,029 shares of Tile Shop stock. The stock was acquired at an average price of $6.84 per share, with a total value of $225,918.36.
• On Wednesday, June 26th, Fund 1 Investments, Llc acquired 34,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.85 per share, with a total value of $232,900.00.
• On Monday, June 24th, Fund 1 Investments, Llc acquired 74,500 shares of Tile Shop stock. The stock was acquired at an average price of $6.97 per share, with a total value of $519,265.00.
• 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, for a total transaction 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, for a total transaction of $601,800.00.
• On Friday, June 14th, Fund 1 Investments, Llc bought 55,500 shares of Tile Shop stock. The stock was purchased at an average cost of $6.63 per share, for a total transaction of $367,965.00.
• On Wednesday, June 12th, Fund 1 Investments, Llc bought 26,000 shares of Tile Shop stock. The stock was purchased at an average cost 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 stock was purchased at an average cost 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 stock was purchased at an average cost of $6.66 per share, for a total transaction of $203,130.00.
• On Wednesday, June 5th, Fund 1 Investments, Llc purchased 8,141 shares of Tile Shop stock. The shares were bought at an average cost of $6.73 per share, for a total transaction of $54,788.93.

Tile Shop Trading Up 2.5 %

Shares of Tile Shop stock opened at $6.99 on Thursday. The firm has a market capitalization of $311.26 million, a PE ratio of 33.29 and a beta of 1.43. The firm’s 50 day moving average is $6.69 and its 200 day moving average is $6.78. Tile Shop Holdings, Inc. has a 1 year low of $4.33 and a 1 year high of $7.67.

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

Institutional Investors Weigh In On Tile Shop

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. bought a new stake in shares of Tile Shop during the 1st quarter valued at approximately $25,000. Gladius Capital Management LP bought a new stake in Tile Shop during the 4th quarter worth approximately $38,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Tile Shop during the 4th quarter worth approximately $95,000. BNP Paribas Financial Markets grew its holdings in Tile Shop by 80.3% during the 1st quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock worth $102,000 after acquiring an additional 6,446 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in Tile Shop by 19.4% during the 4th quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock worth $116,000 after acquiring an additional 2,548 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.