Fund 1 Investments, Llc Purchases 3,500 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 3,500 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were purchased at an average price of $6.63 per share, with a total value of $23,205.00. Following the completion of the transaction, the insider now directly owns 7,829,336 shares of the company’s stock, valued at approximately $51,908,497.68. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 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 Wednesday, September 25th, Fund 1 Investments, Llc bought 11,500 shares of Tile Shop stock. The shares were acquired at an average cost of $6.55 per share, with a total value of $75,325.00.
• On Friday, September 20th, Fund 1 Investments, Llc purchased 27,900 shares of Tile Shop stock. The stock was acquired at an average cost of $6.65 per share, for a total transaction of $185,535.00.
• On Wednesday, September 18th, Fund 1 Investments, Llc acquired 25,500 shares of Tile Shop stock. The shares were acquired at an average cost of $6.61 per share, with a total value of $168,555.00.
• On Monday, September 16th, Fund 1 Investments, Llc bought 2,507 shares of Tile Shop stock. The stock was acquired at an average cost of $6.41 per share, for a total transaction of $16,069.87.
• On Wednesday, September 11th, Fund 1 Investments, Llc purchased 19,302 shares of Tile Shop stock. The stock was bought at an average price of $6.17 per share, with a total value of $119,093.34.
• On Monday, September 9th, Fund 1 Investments, Llc acquired 6,000 shares of Tile Shop stock. The shares were bought at an average price of $5.95 per share, for a total transaction of $35,700.00.
• On Thursday, September 5th, Fund 1 Investments, Llc bought 20,500 shares of Tile Shop stock. The stock was bought at an average cost of $5.88 per share, with a total value of $120,540.00.
• On Tuesday, September 3rd, Fund 1 Investments, Llc purchased 22,600 shares of Tile Shop stock. The shares were purchased at an average cost of $6.08 per share, for a total transaction of $137,408.00.
• On Thursday, August 29th, Fund 1 Investments, Llc purchased 20,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.09 per share, for a total transaction of $124,845.00.
• On Tuesday, August 27th, Fund 1 Investments, Llc bought 7,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.05 per share, with a total value of $42,350.00.

Tile Shop Stock Performance

Tile Shop stock opened at $6.50 on Friday. The company’s 50 day simple moving average is $6.36 and its 200-day simple moving average is $6.63. Tile Shop Holdings, Inc. has a 1 year low of $4.33 and a 1 year high of $7.67. The company has a market capitalization of $290.23 million, a price-to-earnings ratio of 30.95 and a beta of 1.43.

Tile Shop (NASDAQ:TTSH) last announced its earnings results on Thursday, August 8th. The company reported $0.03 earnings per share (EPS) for the quarter. Tile Shop had a return on equity of 4.47% and a net margin of 1.50%. The company had revenue of $91.38 million for the quarter.

Institutional Investors Weigh In On Tile Shop

Several institutional investors and hedge funds have recently modified their holdings of the company. The Manufacturers Life Insurance Company boosted its holdings in Tile Shop by 30.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,398 shares of the company’s stock valued at $93,000 after acquiring an additional 3,145 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of Tile Shop during the first quarter worth about $25,000. BNP Paribas Financial Markets boosted its stake in shares of Tile Shop by 80.3% in the first quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock valued at $102,000 after purchasing an additional 6,446 shares during the period. O Shaughnessy Asset Management LLC grew its holdings in shares of Tile Shop by 5.5% in the first quarter. O Shaughnessy Asset Management LLC now owns 140,548 shares of the company’s stock valued at $988,000 after purchasing an additional 7,268 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in Tile Shop by 9.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 92,910 shares of the company’s stock worth $653,000 after buying an additional 7,805 shares during the period. Hedge funds and other institutional investors own 36.66% of the company’s stock.

Tile Shop Company Profile

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.