Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Buys 24,200 Shares

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 24,200 shares of the company’s stock in a transaction that occurred on Friday, April 19th. The stock was acquired at an average cost of $6.26 per share, for a total transaction of $151,492.00. Following the acquisition, the insider now directly owns 5,950,008 shares of the company’s stock, valued at $37,247,050.08. The purchase was disclosed in a filing with the SEC, which is available 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 Monday, April 22nd, Fund 1 Investments, Llc acquired 98,438 shares of Tile Shop stock. The stock was acquired at an average price of $6.34 per share, for a total transaction of $624,096.92.
• On Wednesday, April 17th, Fund 1 Investments, Llc purchased 37,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.66 per share, with a total value 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 cost of $6.82 per share, for a total transaction 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 cost 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, with a total value 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, for a total transaction 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 cost of $6.98 per share, with a total value of $349,000.00.
• On Monday, April 1st, Fund 1 Investments, Llc purchased 25,000 shares of Tile Shop stock. The shares were purchased at an average price of $7.01 per share, for a total transaction of $175,250.00.
• On Thursday, March 28th, Fund 1 Investments, Llc acquired 198,993 shares of Tile Shop stock. The stock was purchased at an average cost of $7.03 per share, with a total value of $1,398,920.79.
• On Tuesday, March 26th, Fund 1 Investments, Llc purchased 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 Stock Performance

Shares of Tile Shop stock opened at $6.65 on Wednesday. The company has a market capitalization of $295.99 million, a P/E ratio of 28.91 and a beta of 1.39. Tile Shop Holdings, Inc. has a 1 year low of $4.17 and a 1 year high of $7.67. The company’s fifty day moving average is $6.79 and its two-hundred day moving average is $6.48.

Tile Shop (NASDAQ:TTSH) last released its quarterly 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 Investors Weigh In On Tile Shop

Several large investors have recently modified their holdings of TTSH. Denali Advisors LLC grew its position in Tile Shop by 62.9% in the 1st quarter. Denali Advisors LLC now owns 34,200 shares of the company’s stock valued at $240,000 after buying an additional 13,200 shares during the last quarter. Fund 1 Investments LLC raised its position in Tile Shop by 13.9% during the 4th quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock worth $37,539,000 after buying an additional 620,899 shares during the last quarter. Focus Financial Network Inc. ADV acquired a new stake in shares of Tile Shop in the 4th quarter worth $118,000. First Eagle Investment Management LLC boosted its holdings in shares of Tile Shop by 7.9% in the fourth quarter. First Eagle Investment Management LLC now owns 344,084 shares of the company’s stock valued at $2,532,000 after acquiring an additional 25,300 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of Tile Shop by 17.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 85,105 shares of the company’s stock worth $626,000 after acquiring an additional 12,921 shares during the period. 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.