Insider Buying: Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Purchases 27,900 Shares of Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 27,900 shares of the stock in a transaction dated Friday, September 20th. The shares were purchased at an average price of $6.65 per share, with a total value of $185,535.00. Following the completion of the acquisition, the insider now owns 7,825,836 shares of the company’s stock, valued at $52,041,809.40. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 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 Wednesday, September 18th, Fund 1 Investments, Llc bought 25,500 shares of Tile Shop stock. The shares were purchased at an average price of $6.61 per share, for a total transaction of $168,555.00.
• On Monday, September 16th, Fund 1 Investments, Llc purchased 2,507 shares of Tile Shop stock. The stock was acquired at an average price of $6.41 per share, with a total value 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, for a total transaction of $119,093.34.
• On Monday, September 9th, Fund 1 Investments, Llc bought 6,000 shares of Tile Shop stock. The stock was acquired at an average price of $5.95 per share, with a total value of $35,700.00.
• On Thursday, September 5th, Fund 1 Investments, Llc purchased 20,500 shares of Tile Shop stock. The stock was acquired at an average cost of $5.88 per share, for a total transaction of $120,540.00.
• On Tuesday, September 3rd, Fund 1 Investments, Llc acquired 22,600 shares of Tile Shop stock. The shares were bought at an average cost 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 bought at an average cost of $6.09 per share, for a total transaction of $124,845.00.
• On Tuesday, August 27th, Fund 1 Investments, Llc purchased 7,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.05 per share, with a total value of $42,350.00.
• On Tuesday, August 20th, Fund 1 Investments, Llc purchased 8,000 shares of Tile Shop stock. The stock was bought 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 purchased at an average cost of $6.17 per share, for a total transaction of $21,595.00.

Tile Shop Price Performance

TTSH stock traded down $0.13 during trading on Friday, reaching $6.62. 232,455 shares of the stock traded hands, compared to its average volume of 102,797. The firm has a market capitalization of $294.76 million, a PE ratio of 32.14 and a beta of 1.43. The business’s 50 day moving average price is $6.42 and its 200-day moving average price is $6.64. Tile Shop Holdings, Inc. has a 52-week low of $4.33 and a 52-week high of $7.67.

Tile Shop (NASDAQ:TTSH) last issued its earnings results on Thursday, August 8th. The company reported $0.03 earnings per share (EPS) for the quarter. Tile Shop had a return on equity of 4.47% and a net margin of 1.50%. The business had revenue of $91.38 million during the quarter.

Institutional Investors Weigh In On Tile Shop

Several large investors have recently made changes to their positions in TTSH. Janney Montgomery Scott LLC lifted its holdings in shares of Tile Shop by 17.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 85,105 shares of the company’s stock valued at $626,000 after acquiring an additional 12,921 shares in the last quarter. Focus Financial Network Inc. ADV purchased a new position in Tile Shop in the fourth quarter valued at about $118,000. Fund 1 Investments LLC lifted its stake in shares of Tile Shop by 13.9% during the fourth quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock worth $37,539,000 after purchasing an additional 620,899 shares in the last quarter. Denali Advisors LLC boosted its position in shares of Tile Shop by 62.9% in the first quarter. Denali Advisors LLC now owns 34,200 shares of the company’s stock worth $240,000 after buying an additional 13,200 shares during the period. Finally, BNP Paribas Financial Markets grew its stake in shares of Tile Shop by 80.3% in the first quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock valued at $102,000 after buying an additional 6,446 shares in the last quarter. 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.