Tile Shop Holdings Inc (NASDAQ:TTS) Director Purchases $102,400.00 in Stock

Tile Shop Holdings Inc (NASDAQ:TTS) Director Peter J. Jacullo III bought 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The shares were purchased at an average cost of $2.56 per share, for a total transaction of $102,400.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Peter J. Jacullo III also recently made the following trade(s):

  • On Monday, August 12th, Peter J. Jacullo III bought 105,000 shares of Tile Shop stock. The shares were purchased at an average cost of $2.51 per share, for a total transaction of $263,550.00.
  • On Friday, June 14th, Peter J. Jacullo III bought 10,000 shares of Tile Shop stock. The shares were purchased at an average cost of $4.10 per share, for a total transaction of $41,000.00.
  • On Monday, June 10th, Peter J. Jacullo III bought 10,000 shares of Tile Shop stock. The shares were purchased at an average cost of $4.05 per share, for a total transaction of $40,500.00.
  • On Tuesday, June 4th, Peter J. Jacullo III bought 20,000 shares of Tile Shop stock. The shares were purchased at an average cost of $4.19 per share, for a total transaction of $83,800.00.
  • On Thursday, June 6th, Peter J. Jacullo III bought 80,000 shares of Tile Shop stock. The shares were purchased at an average cost of $4.04 per share, for a total transaction of $323,200.00.

TTS traded down $0.01 during midday trading on Monday, reaching $2.40. 1,013,481 shares of the company’s stock were exchanged, compared to its average volume of 447,789. The company has a market cap of $130.34 million, a price-to-earnings ratio of 12.00 and a beta of 1.50. The company has a quick ratio of 0.28, a current ratio of 1.70 and a debt-to-equity ratio of 1.45. Tile Shop Holdings Inc has a one year low of $2.36 and a one year high of $8.23. The company’s 50-day moving average is $3.58.



The firm also recently declared a quarterly dividend, which was paid on Friday, August 9th. Shareholders of record on Monday, July 29th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 8.33%. The ex-dividend date was Friday, July 26th. Tile Shop’s dividend payout ratio is 100.00%.

A number of equities research analysts recently weighed in on TTS shares. ValuEngine raised Tile Shop from a “hold” rating to a “buy” rating in a research report on Monday, July 29th. Loop Capital decreased their target price on Tile Shop from $5.00 to $3.00 and set a “hold” rating on the stock in a research report on Tuesday, July 23rd. Telsey Advisory Group downgraded Tile Shop from a “market perform” rating to an “underperform” rating and decreased their target price for the stock from $5.00 to $2.50 in a research report on Tuesday, July 23rd. Citigroup downgraded Tile Shop from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $9.00 to $5.50 in a research report on Wednesday, May 1st. Finally, BidaskClub downgraded Tile Shop from a “hold” rating to a “sell” rating in a research report on Thursday, April 18th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $5.42.

A number of institutional investors and hedge funds have recently made changes to their positions in TTS. Camelot Portfolios LLC bought a new position in Tile Shop during the second quarter worth about $40,000. BNP Paribas Arbitrage SA lifted its stake in Tile Shop by 1,076.4% during the first quarter. BNP Paribas Arbitrage SA now owns 8,529 shares of the company’s stock worth $48,000 after purchasing an additional 7,804 shares during the period. Meristem Family Wealth LLC bought a new position in Tile Shop during the second quarter worth about $49,000. Municipal Employees Retirement System of Michigan bought a new position in Tile Shop during the fourth quarter worth about $61,000. Finally, Metropolitan Life Insurance Co. NY lifted its stake in Tile Shop by 352.2% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 14,193 shares of the company’s stock worth $78,000 after purchasing an additional 11,054 shares during the period. Hedge funds and other institutional investors own 63.65% of the company’s stock.

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. It offers approximately 6,000 products, including marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and ceramic, porcelain, glass, cement, wood look, and metal tiles primarily under the Rush River and Fired Earth brands.

See Also: Cash Flow Analysis in Stock Selection

Insider Buying and Selling by Quarter for Tile Shop (NASDAQ:TTS)

Receive News & Ratings for Tile Shop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tile Shop and related companies with MarketBeat.com's FREE daily email newsletter.