Insider Buying: Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Purchases 7,000 Shares of Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 7,000 shares of the business’s stock in a transaction on Monday, August 5th. The stock was bought at an average cost of $6.15 per share, with a total value of $43,050.00. Following the transaction, the insider now owns 7,513,623 shares in the company, valued at approximately $46,208,781.45. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% 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 Wednesday, August 7th, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The stock was bought at an average cost of $6.00 per share, with a total value of $60,000.00.
• On Friday, August 2nd, Fund 1 Investments, Llc bought 12,500 shares of Tile Shop stock. The stock was bought at an average cost of $6.56 per share, with a total value of $82,000.00.
• On Wednesday, July 31st, Fund 1 Investments, Llc bought 48,500 shares of Tile Shop stock. The stock was bought at an average cost of $7.26 per share, with a total value of $352,110.00.
• On Friday, July 26th, Fund 1 Investments, Llc acquired 12,500 shares of Tile Shop stock. The shares were acquired at an average cost of $7.00 per share, with a total value of $87,500.00.
• On Tuesday, July 23rd, Fund 1 Investments, Llc acquired 34,000 shares of Tile Shop stock. The shares were acquired at an average cost of $7.05 per share, with a total value of $239,700.00.
• On Thursday, July 18th, Fund 1 Investments, Llc acquired 13,500 shares of Tile Shop stock. The shares were acquired at an average cost of $7.02 per share, with a total value of $94,770.00.
• On Tuesday, July 16th, Fund 1 Investments, Llc acquired 28,500 shares of Tile Shop stock. The shares were acquired at an average cost of $7.25 per share, with a total value of $206,625.00.
• On Friday, July 12th, Fund 1 Investments, Llc acquired 31,000 shares of Tile Shop stock. The shares were acquired at an average cost of $7.24 per share, with a total value of $224,440.00.
• On Wednesday, July 10th, Fund 1 Investments, Llc acquired 15,500 shares of Tile Shop stock. The shares were acquired at an average cost of $6.87 per share, with a total value of $106,485.00.
• On Friday, July 5th, Fund 1 Investments, Llc acquired 95,000 shares of Tile Shop stock. The shares were acquired at an average cost of $6.80 per share, with a total value of $646,000.00.

Tile Shop Trading Down 2.4 %

Shares of TTSH traded down $0.15 during trading hours on Wednesday, reaching $6.00. 58,404 shares of the stock traded hands, compared to its average volume of 112,743. Tile Shop Holdings, Inc. has a 52-week low of $4.33 and a 52-week high of $7.67. The company’s 50-day moving average price is $6.85 and its two-hundred day moving average price is $6.75. The company has a market cap of $267.16 million, a P/E ratio of 28.57 and a beta of 1.43.

Tile Shop (NASDAQ:TTSH) last released its earnings results on Thursday, May 9th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $91.73 million for the quarter. Tile Shop had a net margin of 2.52% and a return on equity of 7.77%.

Institutional Trading of Tile Shop

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