Fund 1 Investments, Llc Purchases 33,029 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 33,029 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The stock was acquired at an average cost of $6.84 per share, for a total transaction of $225,918.36. Following the acquisition, the insider now directly owns 7,147,623 shares of the company’s stock, valued at $48,889,741.32. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own more than 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 Friday, June 28th, Fund 1 Investments, Llc bought 27,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.91 per share, for a total transaction of $190,025.00.
• On Wednesday, June 26th, Fund 1 Investments, Llc bought 34,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.85 per share, for a total transaction of $232,900.00.
• On Monday, June 24th, Fund 1 Investments, Llc bought 74,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.97 per share, for a total transaction of $519,265.00.
• On Thursday, June 20th, Fund 1 Investments, Llc acquired 28,000 shares of Tile Shop stock. The shares were 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 acquired 88,500 shares of Tile Shop stock. The shares were 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 acquired 55,500 shares of Tile Shop stock. The shares were 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 acquired 26,000 shares of Tile Shop stock. The shares were 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 acquired 70,500 shares of Tile Shop stock. The shares were 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 acquired 30,500 shares of Tile Shop stock. The shares were 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 acquired 8,141 shares of Tile Shop stock. The shares were purchased at an average cost of $6.73 per share, for a total transaction of $54,788.93.

Tile Shop Stock Performance

Shares of TTSH stock opened at $6.99 on Thursday. The stock’s 50-day moving average is $6.69 and its two-hundred day moving average is $6.78. The firm has a market cap of $311.26 million, a price-to-earnings ratio of 33.29 and a beta of 1.43. 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 issued its quarterly earnings results on Thursday, May 9th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm 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%.

Hedge Funds Weigh In On Tile Shop

Several institutional investors have recently added to or reduced their stakes in TTSH. Fund 1 Investments LLC increased its position in Tile Shop by 13.9% in the 4th quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock valued at $37,539,000 after acquiring an additional 620,899 shares during the period. Hillsdale Investment Management Inc. acquired a new position in Tile Shop in the 1st quarter valued at about $2,417,000. Quadrature Capital Ltd acquired a new position in Tile Shop in the 1st quarter valued at about $413,000. SageView Advisory Group LLC acquired a new position in Tile Shop in the 1st quarter valued at about $299,000. Finally, First Eagle Investment Management LLC increased its position in Tile Shop by 8.5% in the 1st quarter. First Eagle Investment Management LLC now owns 373,484 shares of the company’s stock valued at $2,626,000 after acquiring an additional 29,400 shares during the period. 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.