Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Buys 6,900 Shares

Tile Shop Holdings, Inc. (NASDAQ:TTSHGet Free Report) major shareholder Fund 1 Investments, Llc acquired 6,900 shares of the firm’s stock in a transaction dated Thursday, February 15th. The shares were purchased at an average price of $6.90 per share, with a total value of $47,610.00. Following the completion of the transaction, the insider now owns 5,423,771 shares of the company’s stock, valued at $37,424,019.90. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more 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 Monday, February 12th, Fund 1 Investments, Llc acquired 4,500 shares of Tile Shop stock. The shares were purchased at an average price of $6.45 per share, with a total value of $29,025.00.
  • On Friday, February 9th, Fund 1 Investments, Llc acquired 9,500 shares of Tile Shop stock. The shares were purchased at an average price of $6.45 per share, with a total value of $61,275.00.
  • On Friday, February 2nd, Fund 1 Investments, Llc bought 65,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.31 per share, for a total transaction of $410,150.00.
  • On Wednesday, January 31st, Fund 1 Investments, Llc acquired 28,700 shares of Tile Shop stock. The stock was acquired at an average cost of $6.51 per share, for a total transaction of $186,837.00.
  • On Monday, January 29th, Fund 1 Investments, Llc acquired 7,400 shares of Tile Shop stock. The stock was acquired at an average cost of $6.52 per share, for a total transaction of $48,248.00.
  • On Thursday, January 25th, Fund 1 Investments, Llc bought 9,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.66 per share, with a total value of $59,940.00.
  • On Tuesday, January 23rd, Fund 1 Investments, Llc bought 1,600 shares of Tile Shop stock. The stock was purchased at an average price of $6.84 per share, with a total value of $10,944.00.
  • On Tuesday, January 16th, Fund 1 Investments, Llc acquired 13,225 shares of Tile Shop stock. The shares were bought at an average price of $7.03 per share, with a total value of $92,971.75.
  • On Thursday, January 11th, Fund 1 Investments, Llc acquired 31,000 shares of Tile Shop stock. The shares were bought at an average price of $6.92 per share, with a total value of $214,520.00.
  • On Tuesday, January 2nd, Fund 1 Investments, Llc bought 5,500 shares of Tile Shop stock. The stock was acquired at an average price of $7.27 per share, with a total value of $39,985.00.

Tile Shop Price Performance

TTSH stock opened at $6.58 on Wednesday. The firm has a 50 day moving average of $6.86 and a 200-day moving average of $6.12. The company has a current ratio of 1.51, a quick ratio of 0.36 and a debt-to-equity ratio of 0.08. Tile Shop Holdings, Inc. has a 12 month low of $4.07 and a 12 month high of $7.67. The firm has a market capitalization of $293.01 million, a P/E ratio of 26.32 and a beta of 1.37.

Hedge Funds Weigh In On Tile Shop

Large investors have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in Tile Shop by 65.7% during the first quarter. JPMorgan Chase & Co. now owns 50,118 shares of the company’s stock valued at $328,000 after purchasing an additional 19,870 shares during the last quarter. Raymond James & Associates purchased a new position in Tile Shop during the 1st quarter valued at $81,000. Bank of New York Mellon Corp increased its position in Tile Shop by 6.5% during the 1st quarter. Bank of New York Mellon Corp now owns 36,483 shares of the company’s stock valued at $239,000 after purchasing an additional 2,241 shares during the period. Citigroup Inc. boosted its holdings in shares of Tile Shop by 157.6% during the 1st quarter. Citigroup Inc. now owns 56,266 shares of the company’s stock valued at $369,000 after buying an additional 34,426 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Tile Shop by 76.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 202,388 shares of the company’s stock valued at $1,326,000 after buying an additional 87,397 shares in the last quarter. 35.08% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, TheStreet downgraded shares of Tile Shop from a “b-” rating to a “c” rating in a research note on Thursday, November 2nd.

Check Out Our Latest Analysis on TTSH

About Tile Shop

(Get Free Report)

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. It offers natural stone products, such as marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and man-made products, including ceramic, porcelain, glass, cement, wood look, and metal and luxury vinyl tiles primarily under the Rush River and Fired Earth brands.

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