Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys $106,485.00 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 15,500 shares of Tile Shop stock in a transaction that occurred on Wednesday, July 10th. The stock was acquired at an average price of $6.87 per share, for a total transaction of $106,485.00. Following the transaction, the insider now directly owns 7,290,123 shares of the company’s stock, valued at approximately $50,083,145.01. The acquisition was disclosed in a document filed with the SEC, which is accessible 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 Friday, July 12th, Fund 1 Investments, Llc purchased 31,000 shares of Tile Shop stock. The stock was acquired at an average price of $7.24 per share, for a total transaction of $224,440.00.
• On Friday, July 5th, Fund 1 Investments, Llc purchased 95,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.80 per share, for a total transaction of $646,000.00.
• On Wednesday, July 3rd, Fund 1 Investments, Llc purchased 10,000 shares of Tile Shop stock. The stock was acquired at an average price of $7.01 per share, for a total transaction of $70,100.00.
• On Monday, July 1st, Fund 1 Investments, Llc purchased 33,029 shares of Tile Shop stock. The stock was acquired at an average price of $6.84 per share, for a total transaction of $225,918.36.
• On Friday, June 28th, Fund 1 Investments, Llc acquired 27,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.91 per share, with a total value of $190,025.00.
• On Wednesday, June 26th, Fund 1 Investments, Llc acquired 34,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.85 per share, with a total value of $232,900.00.
• On Monday, June 24th, Fund 1 Investments, Llc acquired 74,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.97 per share, with a total value of $519,265.00.
• On Thursday, June 20th, Fund 1 Investments, Llc acquired 28,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.97 per share, with a total value of $195,160.00.
• On Monday, June 17th, Fund 1 Investments, Llc acquired 88,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.80 per share, with a total value of $601,800.00.
• On Friday, June 14th, Fund 1 Investments, Llc acquired 55,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.63 per share, with a total value of $367,965.00.

Tile Shop Stock Down 0.6 %

NASDAQ TTSH opened at $7.20 on Monday. The company has a fifty day moving average of $6.73 and a two-hundred day moving average of $6.76. The firm has a market capitalization of $320.62 million, a price-to-earnings ratio of 34.29 and a beta of 1.43. Tile Shop Holdings, Inc. has a 52 week low of $4.33 and a 52 week high of $7.67.

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

Institutional Trading of Tile Shop

A number of large investors have recently made changes to their positions in the stock. Quadrature Capital Ltd purchased a new stake in shares of Tile Shop during the first quarter valued at $413,000. O Shaughnessy Asset Management LLC boosted its stake in shares of Tile Shop by 5.5% during 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 during the period. Hillsdale Investment Management Inc. purchased a new stake in shares of Tile Shop during the first quarter valued at $2,417,000. Vanguard Group Inc. boosted its stake in shares of Tile Shop by 0.8% during the first quarter. Vanguard Group Inc. now owns 1,298,881 shares of the company’s stock valued at $9,131,000 after purchasing an additional 10,062 shares during the period. Finally, First Eagle Investment Management LLC boosted its stake in shares of Tile Shop by 8.5% during the first 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 during the period. 36.66% of the stock is owned by hedge funds and other institutional investors.

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.