Insider Buying: Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Acquires $190,025.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSHGet Free Report) major shareholder Fund 1 Investments, Llc acquired 27,500 shares of Tile Shop stock in a transaction that occurred on Friday, June 28th. The shares were purchased at an average cost of $6.91 per share, for a total transaction of $190,025.00. Following the purchase, the insider now directly owns 7,114,594 shares of the company’s stock, valued at approximately $49,161,844.54. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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 Monday, July 1st, Fund 1 Investments, Llc acquired 33,029 shares of Tile Shop stock. The shares were purchased at an average cost of $6.84 per share, for a total transaction of $225,918.36.
  • On Wednesday, June 26th, Fund 1 Investments, Llc purchased 34,000 shares of Tile Shop stock. The shares were bought at an average cost 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 bought at an average cost 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 bought at an average cost 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 bought at an average cost of $6.80 per share, for a total transaction of $601,800.00.
  • On Friday, June 14th, Fund 1 Investments, Llc purchased 55,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.63 per share, for a total transaction of $367,965.00.
  • On Wednesday, June 12th, Fund 1 Investments, Llc purchased 26,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.66 per share, for a total transaction of $173,160.00.
  • On Monday, June 10th, Fund 1 Investments, Llc bought 70,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.56 per share, for a total transaction of $462,480.00.
  • On Friday, June 7th, Fund 1 Investments, Llc bought 30,500 shares of Tile Shop stock. The stock was acquired 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 acquired at an average cost of $6.73 per share, for a total transaction of $54,788.93.

Tile Shop Trading Up 2.5 %

Shares of TTSH stock opened at $6.99 on Friday. The company’s fifty day simple moving average is $6.71 and its 200-day simple moving average is $6.78. Tile Shop Holdings, Inc. has a 52 week low of $4.33 and a 52 week high of $7.67. The company has a market cap of $311.26 million, a PE ratio of 33.29 and a beta of 1.43.

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

Hedge Funds Weigh In On Tile Shop

A number of hedge funds have recently made changes to their positions in the business. Fund 1 Investments LLC grew its holdings 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 valued at $37,539,000 after purchasing an additional 620,899 shares in the last quarter. Hillsdale Investment Management Inc. acquired a new stake in Tile Shop during the 1st quarter valued at $2,417,000. Quadrature Capital Ltd acquired a new stake in Tile Shop during the 1st quarter valued at $413,000. SageView Advisory Group LLC acquired a new stake in Tile Shop during the 1st quarter valued at $299,000. Finally, First Eagle Investment Management LLC grew its holdings in Tile Shop by 8.5% during the 1st quarter. First Eagle Investment Management LLC now owns 373,484 shares of the company’s stock valued at $2,626,000 after purchasing an additional 29,400 shares in the last quarter. Hedge funds and other institutional investors own 36.66% of the company’s stock.

Tile Shop Company Profile

(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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