Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Buys 50,000 Shares of Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc bought 50,000 shares of Tile Shop stock in a transaction on Wednesday, April 3rd. The shares were bought at an average price of $6.98 per share, for a total transaction of $349,000.00. Following the acquisition, the insider now owns 5,732,108 shares of the company’s stock, valued at approximately $40,010,113.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, April 1st, Fund 1 Investments, Llc bought 25,000 shares of Tile Shop stock. The shares were bought 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 bought 198,993 shares of Tile Shop stock. The shares were bought at an average price 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 shares were bought at an average price of $6.96 per share, for a total transaction of $139,200.00.
• On Friday, March 22nd, Fund 1 Investments, Llc acquired 37,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.98 per share, for a total transaction of $261,750.00.
• On Wednesday, March 20th, Fund 1 Investments, Llc acquired 24,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.89 per share, for a total transaction of $165,360.00.
• On Monday, March 18th, Fund 1 Investments, Llc acquired 279,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.51 per share, for a total transaction of $1,816,290.00.
• On Thursday, March 14th, Fund 1 Investments, Llc acquired 10,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.55 per share, for a total transaction of $65,500.00.
• On Friday, March 8th, Fund 1 Investments, Llc acquired 10,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.82 per share, for a total transaction of $68,200.00.
• On Wednesday, March 6th, Fund 1 Investments, Llc acquired 32,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.78 per share, for a total transaction of $220,350.00.
• On Thursday, February 29th, Fund 1 Investments, Llc acquired 155,829 shares of Tile Shop stock. The shares were acquired at an average price of $6.94 per share, for a total transaction of $1,081,453.26.

Tile Shop Stock Performance

NASDAQ TTSH opened at $6.98 on Thursday. The stock has a market capitalization of $310.68 million, a price-to-earnings ratio of 30.35 and a beta of 1.39. The stock’s 50 day moving average price is $6.70 and its two-hundred day moving average price is $6.35. Tile Shop Holdings, Inc. has a 52 week low of $4.07 and a 52 week high of $7.67.

Tile Shop (NASDAQ:TTSH) last released its earnings results on Thursday, February 29th. The company reported $0.01 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 institutional investors have recently bought and sold shares of TTSH. Shay Capital LLC lifted its stake in Tile Shop by 1,023.7% in the 4th quarter. Shay Capital LLC now owns 882,304 shares of the company’s stock valued at $3,864,000 after acquiring an additional 803,786 shares in the last quarter. Fund 1 Investments LLC increased its position in shares of 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 purchasing an additional 620,899 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Tile Shop by 157.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 617,513 shares of the company’s stock worth $2,705,000 after purchasing an additional 377,320 shares during the last quarter. Northern Trust Corp increased its position in shares of Tile Shop by 366.4% during the 2nd quarter. Northern Trust Corp now owns 299,101 shares of the company’s stock worth $919,000 after purchasing an additional 234,975 shares during the last quarter. Finally, State Street Corp increased its position in shares of Tile Shop by 183.8% during the 2nd quarter. State Street Corp now owns 361,283 shares of the company’s stock worth $1,109,000 after purchasing an additional 234,002 shares during the last quarter. 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.