Insider Buying: Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys $462,480.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSHGet Free Report) major shareholder Fund 1 Investments, Llc bought 70,500 shares of the company’s stock in a transaction on Monday, June 10th. The stock was bought at an average cost of $6.56 per share, for a total transaction of $462,480.00. Following the completion of the transaction, the insider now directly owns 6,525,435 shares of the company’s stock, valued at $42,806,853.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 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 Friday, June 7th, Fund 1 Investments, Llc bought 30,500 shares of Tile Shop stock. The stock was bought at an average cost of $6.66 per share, for a total transaction of $203,130.00.
  • On Wednesday, June 5th, Fund 1 Investments, Llc bought 8,141 shares of Tile Shop stock. The stock was bought at an average cost of $6.73 per share, for a total transaction of $54,788.93.
  • On Monday, June 3rd, Fund 1 Investments, Llc bought 11,000 shares of Tile Shop stock. The stock was bought at an average cost of $6.73 per share, for a total transaction of $74,030.00.
  • On Thursday, May 30th, Fund 1 Investments, Llc bought 4,500 shares of Tile Shop stock. The stock was bought at an average cost of $6.41 per share, for a total transaction of $28,845.00.
  • On Tuesday, May 28th, Fund 1 Investments, Llc bought 18,393 shares of Tile Shop stock. The stock was bought at an average cost of $6.55 per share, for a total transaction of $120,474.15.
  • On Friday, May 24th, Fund 1 Investments, Llc bought 9,000 shares of Tile Shop stock. The stock was bought at an average cost of $6.54 per share, for a total transaction of $58,860.00.
  • On Wednesday, May 22nd, Fund 1 Investments, Llc purchased 34,347 shares of Tile Shop stock. The stock was acquired at an average cost of $6.39 per share, with a total value of $219,477.33.
  • On Monday, May 20th, Fund 1 Investments, Llc purchased 77,917 shares of Tile Shop stock. The stock was acquired at an average cost of $6.20 per share, with a total value of $483,085.40.
  • On Friday, May 10th, Fund 1 Investments, Llc purchased 30,501 shares of Tile Shop stock. The stock was acquired at an average cost of $6.60 per share, with a total value of $201,306.60.
  • On Wednesday, May 8th, Fund 1 Investments, Llc purchased 14,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.81 per share, with a total value of $98,745.00.

Tile Shop Stock Performance

NASDAQ:TTSH opened at $6.63 on Thursday. Tile Shop Holdings, Inc. has a 1 year low of $4.33 and a 1 year high of $7.67. The stock has a market cap of $295.23 million, a price-to-earnings ratio of 31.57 and a beta of 1.38. The business has a fifty day moving average of $6.65 and a 200-day moving average of $6.76.

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TTSH. Janney Montgomery Scott LLC bought a new position in Tile Shop during the third quarter valued at about $396,000. Stokes Family Office LLC boosted its stake in Tile Shop by 20.1% during the third quarter. Stokes Family Office LLC now owns 13,171 shares of the company’s stock valued at $72,000 after buying an additional 2,201 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in Tile Shop by 17.0% during the third quarter. O Shaughnessy Asset Management LLC now owns 144,857 shares of the company’s stock valued at $795,000 after buying an additional 21,053 shares in the last quarter. SG Americas Securities LLC boosted its stake in Tile Shop by 19.4% during the fourth quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock valued at $116,000 after buying an additional 2,548 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in Tile Shop during the fourth quarter valued at about $95,000. 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.

Further Reading

Insider Buying and Selling by Quarter for Tile Shop (NASDAQ:TTSH)

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