Fund 1 Investments, Llc Buys 4,700 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 4,700 shares of the firm’s stock in a transaction that occurred on Thursday, October 10th. The shares were acquired at an average cost of $6.43 per share, with a total value of $30,221.00. Following the completion of the purchase, the insider now directly owns 7,949,169 shares in the company, valued at $51,113,156.67. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Tuesday, October 8th, Fund 1 Investments, Llc bought 6,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.42 per share, with a total value of $38,520.00.
• On Thursday, October 3rd, Fund 1 Investments, Llc acquired 3,000 shares of Tile Shop stock. The shares were bought at an average price of $6.37 per share, with a total value of $19,110.00.
• On Monday, September 30th, Fund 1 Investments, Llc bought 17,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.55 per share, for a total transaction of $114,625.00.
• On Friday, September 27th, Fund 1 Investments, Llc purchased 7,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.61 per share, with a total value of $46,270.00.
• On Wednesday, September 25th, Fund 1 Investments, Llc purchased 11,500 shares of Tile Shop stock. The shares were purchased at an average price of $6.55 per share, for a total transaction of $75,325.00.
• On Monday, September 23rd, Fund 1 Investments, Llc bought 3,500 shares of Tile Shop stock. The shares were acquired at an average cost of $6.63 per share, for a total transaction of $23,205.00.
• On Friday, September 20th, Fund 1 Investments, Llc acquired 27,900 shares of Tile Shop stock. The shares were acquired at an average cost of $6.65 per share, for a total transaction of $185,535.00.
• On Wednesday, September 18th, Fund 1 Investments, Llc bought 25,500 shares of Tile Shop stock. The shares were bought at an average price of $6.61 per share, with a total value of $168,555.00.
• On Monday, September 16th, Fund 1 Investments, Llc purchased 2,507 shares of Tile Shop stock. The stock was bought at an average cost 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 bought at an average cost of $6.17 per share, for a total transaction of $119,093.34.

Tile Shop Stock Performance

Shares of Tile Shop stock opened at $6.51 on Monday. Tile Shop Holdings, Inc. has a one year low of $4.33 and a one year high of $7.67. The company has a market capitalization of $289.86 million, a PE ratio of 31.00 and a beta of 1.42. The company has a 50-day simple moving average of $6.24 and a two-hundred day simple moving average of $6.60.

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

Hedge Funds Weigh In On Tile Shop

Several hedge funds have recently made changes to their positions in TTSH. The Manufacturers Life Insurance Company increased its holdings in shares of 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 purchasing an additional 3,145 shares during the period. Russell Investments Group Ltd. acquired a new position in Tile Shop in the 1st quarter worth approximately $25,000. BNP Paribas Financial Markets raised its position 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 buying an additional 6,446 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its stake in Tile Shop by 5.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 140,548 shares of the company’s stock valued at $988,000 after acquiring an additional 7,268 shares during the period. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of Tile Shop by 9.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 92,910 shares of the company’s stock valued at $653,000 after acquiring an additional 7,805 shares during the last quarter. 36.66% of the stock is owned by institutional investors and hedge funds.

About Tile Shop

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.