Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Purchases 98,438 Shares

Posted by Samantha Reynolds on Apr 23rd, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc bought 98,438 shares of the business’s stock in a transaction dated Monday, April 22nd. The stock was acquired at an average price of $6.34 per share, for a total transaction of $624,096.92. Following the purchase, the insider now directly owns 6,048,446 shares in the company, valued at $38,347,147.64. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own more than 10% 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, April 19th, Fund 1 Investments, Llc bought 24,200 shares of Tile Shop stock. The shares were acquired at an average cost of $6.26 per share, with a total value of $151,492.00.
On Wednesday, April 17th, Fund 1 Investments, Llc purchased 37,000 shares of Tile Shop stock. The stock was bought at an average cost of $6.66 per share, for a total transaction of $246,420.00.
On Monday, April 15th, Fund 1 Investments, Llc acquired 11,700 shares of Tile Shop stock. The shares were bought at an average price of $6.82 per share, with a total value of $79,794.00.
On Wednesday, April 10th, Fund 1 Investments, Llc bought 7,500 shares of Tile Shop stock. The stock was bought at an average price of $6.84 per share, for a total transaction of $51,300.00.
On Monday, April 8th, Fund 1 Investments, Llc purchased 5,000 shares of Tile Shop stock. The stock was bought at an average cost of $7.00 per share, for a total transaction of $35,000.00.
On Friday, April 5th, Fund 1 Investments, Llc acquired 57,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.96 per share, with a total value of $400,200.00.
On Wednesday, April 3rd, Fund 1 Investments, Llc bought 50,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.98 per share, for a total transaction of $349,000.00.
On Monday, April 1st, Fund 1 Investments, Llc acquired 25,000 shares of Tile Shop stock. The stock was purchased at an average cost of $7.01 per share, with a total value of $175,250.00.
On Thursday, March 28th, Fund 1 Investments, Llc acquired 198,993 shares of Tile Shop stock. The shares were acquired at an average cost of $7.03 per share, for a total transaction of $1,398,920.79.
On Tuesday, March 26th, Fund 1 Investments, Llc bought 20,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.96 per share, with a total value of $139,200.00.

Tile Shop Trading Up 0.6 %

Shares of TTSH stock opened at $6.38 on Tuesday. The firm’s 50 day moving average is $6.79 and its 200 day moving average is $6.48. The stock has a market capitalization of $283.97 million, a P/E ratio of 27.74 and a beta of 1.39. Tile Shop Holdings, Inc. has a 12 month low of $4.17 and a 12 month high of $7.67.

Tile Shop (NASDAQ:TTSH – Get Free Report) last posted its earnings results on Thursday, February 29th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $84.46 million for the quarter. Tile Shop had a return on equity of 8.64% and a net margin of 2.67%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. First Eagle Investment Management LLC increased its holdings in Tile Shop by 30.4% during the 3rd quarter. First Eagle Investment Management LLC now owns 318,784 shares of the company’s stock worth $1,750,000 after acquiring an additional 74,250 shares during the period. Janney Montgomery Scott LLC purchased a new position in shares of Tile Shop during the 3rd quarter valued at $396,000. Stokes Family Office LLC increased its holdings in shares of Tile Shop by 20.1% in the third quarter. Stokes Family Office LLC now owns 13,171 shares of the company’s stock worth $72,000 after purchasing an additional 2,201 shares during the period. Strs Ohio raised its position in shares of Tile Shop by 568.2% in the third quarter. Strs Ohio now owns 14,700 shares of the company’s stock worth $80,000 after buying an additional 12,500 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. boosted its stake in Tile Shop by 1.1% during the third quarter. Punch & Associates Investment Management Inc. now owns 835,796 shares of the company’s stock valued at $4,589,000 after buying an additional 8,996 shares during the period. Hedge funds and other institutional investors own 36.66% of the company’s stock.

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. 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.