Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys $224,440.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 31,000 shares of the stock in a transaction dated Friday, July 12th. The stock was bought at an average price of $7.24 per share, for a total transaction of $224,440.00. Following the completion of the purchase, the insider now owns 7,321,123 shares in the company, valued at approximately $53,004,930.52. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Wednesday, July 10th, Fund 1 Investments, Llc acquired 15,500 shares of Tile Shop stock. The stock was bought at an average price of $6.87 per share, for a total transaction of $106,485.00.
• On Friday, July 5th, Fund 1 Investments, Llc purchased 95,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.80 per share, for a total transaction of $646,000.00.
• On Wednesday, July 3rd, Fund 1 Investments, Llc purchased 10,000 shares of Tile Shop stock. The shares were acquired at an average price of $7.01 per share, for a total transaction of $70,100.00.
• On Monday, July 1st, Fund 1 Investments, Llc purchased 33,029 shares of Tile Shop stock. The shares were acquired at an average price of $6.84 per share, for a total transaction of $225,918.36.
• On Friday, June 28th, Fund 1 Investments, Llc purchased 27,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.91 per share, for a total transaction of $190,025.00.
• On Wednesday, June 26th, Fund 1 Investments, Llc purchased 34,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.85 per share, for a total transaction of $232,900.00.
• On Monday, June 24th, Fund 1 Investments, Llc purchased 74,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.97 per share, for a total transaction of $519,265.00.
• On Thursday, June 20th, Fund 1 Investments, Llc purchased 28,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.97 per share, for a total transaction of $195,160.00.
• On Monday, June 17th, Fund 1 Investments, Llc purchased 88,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.80 per share, for a total transaction of $601,800.00.
• On Friday, June 14th, Fund 1 Investments, Llc acquired 55,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.63 per share, for a total transaction of $367,965.00.

Tile Shop Stock Performance

Shares of TTSH opened at $7.20 on Monday. The firm has a market capitalization of $320.62 million, a price-to-earnings ratio of 34.29 and a beta of 1.43. The business’s fifty day moving average price is $6.73 and its two-hundred day moving average price is $6.76. 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 announced its quarterly earnings data on Thursday, May 9th. The company reported $0.04 EPS for the quarter. The firm had revenue of $91.73 million for the quarter. Tile Shop had a return on equity of 7.77% and a net margin of 2.52%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new position in Tile Shop in the 1st quarter valued at $25,000. Gladius Capital Management LP acquired a new position in shares of Tile Shop in the 4th quarter valued at $38,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Tile Shop in the 4th quarter valued at $95,000. BNP Paribas Financial Markets lifted its stake in shares of Tile Shop by 80.3% in the 1st quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock valued at $102,000 after purchasing an additional 6,446 shares during the period. Finally, SG Americas Securities LLC lifted its stake in shares of Tile Shop by 19.4% in the 4th quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock valued at $116,000 after purchasing an additional 2,548 shares during the period. 36.66% of the stock is currently owned by institutional investors.

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.