Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Purchases $168,555.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 25,500 shares of the stock in a transaction that occurred on Wednesday, September 18th. The shares were bought at an average price of $6.61 per share, for a total transaction of $168,555.00. Following the purchase, the insider now directly owns 7,797,936 shares of the company’s stock, valued at $51,544,356.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Friday, September 20th, Fund 1 Investments, Llc purchased 27,900 shares of Tile Shop stock. The shares were purchased at an average cost of $6.65 per share, with a total value of $185,535.00.
• On Monday, September 16th, Fund 1 Investments, Llc acquired 2,507 shares of Tile Shop stock. The stock was purchased at an average cost of $6.41 per share, for a total transaction of $16,069.87.
• On Wednesday, September 11th, Fund 1 Investments, Llc acquired 19,302 shares of Tile Shop stock. The shares were acquired at an average price of $6.17 per share, with a total value of $119,093.34.
• On Monday, September 9th, Fund 1 Investments, Llc purchased 6,000 shares of Tile Shop stock. The stock was 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 stock was acquired at an average price of $5.88 per share, with a total value of $120,540.00.
• On Tuesday, September 3rd, Fund 1 Investments, Llc purchased 22,600 shares of Tile Shop stock. The shares were bought 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 bought 20,500 shares of Tile Shop stock. The stock was 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 acquired 7,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.05 per share, for a total transaction 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 stock was bought at an average price of $6.17 per share, with a total value of $21,595.00.

Tile Shop Stock Performance

Shares of TTSH stock traded down $0.13 during trading hours on Friday, hitting $6.62. The company had a trading volume of 232,455 shares, compared to its average volume of 102,797. The firm’s fifty day moving average is $6.42 and its 200 day moving average is $6.64. Tile Shop Holdings, Inc. has a 12 month low of $4.33 and a 12 month high of $7.67. The firm has a market capitalization of $294.76 million, a price-to-earnings ratio of 31.52 and a beta of 1.43.

Tile Shop (NASDAQ:TTSH) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.03 earnings per share for the quarter. The firm 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%.

Institutional Trading of Tile Shop

Hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. bought a new position in shares of Tile Shop during the 1st quarter worth approximately $25,000. The Manufacturers Life Insurance Company raised its stake in Tile Shop by 30.7% in the second quarter. The Manufacturers Life Insurance Company now owns 13,398 shares of the company’s stock valued at $93,000 after buying an additional 3,145 shares during the period. BNP Paribas Financial Markets lifted 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 valued at $102,000 after purchasing an additional 6,446 shares during the last quarter. Focus Financial Network Inc. ADV bought a new position in Tile Shop in the 4th quarter valued at about $118,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Tile Shop during the second quarter worth approximately $157,000. 36.66% of the stock is currently owned by institutional investors and hedge funds.

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.