Fund 1 Investments, Llc Acquires 12,500 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 12,500 shares of the stock in a transaction on Friday, July 26th. The stock was bought at an average price of $7.00 per share, for a total transaction of $87,500.00. Following the completion of the transaction, the insider now directly owns 7,435,623 shares of the company’s stock, valued at $52,049,361. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Large shareholders that own 10% or more 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 Tuesday, July 23rd, Fund 1 Investments, Llc purchased 34,000 shares of Tile Shop stock. The stock was bought at an average price of $7.05 per share, for a total transaction of $239,700.00.
• On Thursday, July 18th, Fund 1 Investments, Llc bought 13,500 shares of Tile Shop stock. The shares were acquired at an average price of $7.02 per share, for a total transaction of $94,770.00.
• On Tuesday, July 16th, Fund 1 Investments, Llc bought 28,500 shares of Tile Shop stock. The shares were acquired at an average price of $7.25 per share, for a total transaction of $206,625.00.
• On Friday, July 12th, Fund 1 Investments, Llc bought 31,000 shares of Tile Shop stock. The shares were acquired at an average price of $7.24 per share, for a total transaction of $224,440.00.
• On Wednesday, July 10th, Fund 1 Investments, Llc bought 15,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.87 per share, for a total transaction of $106,485.00.
• On Friday, July 5th, Fund 1 Investments, Llc bought 95,000 shares of Tile Shop stock. The shares were 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 bought 10,000 shares of Tile Shop stock. The shares were 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 bought 33,029 shares of Tile Shop stock. The shares were 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 purchased 27,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.91 per share, for a total transaction of $190,025.00.
• On Wednesday, June 26th, Fund 1 Investments, Llc purchased 34,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.85 per share, for a total transaction of $232,900.00.

Tile Shop Stock Performance

NASDAQ:TTSH traded down $0.14 during mid-day trading on Tuesday, hitting $7.09. The company had a trading volume of 70,361 shares, compared to its average volume of 113,581. Tile Shop Holdings, Inc. has a fifty-two week low of $4.33 and a fifty-two week high of $7.67. The business’s fifty day moving average is $6.84 and its two-hundred day moving average is $6.76. The firm has a market cap of $315.72 million, a P/E ratio of 33.76 and a beta of 1.43.

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

Institutional Investors Weigh In On Tile Shop

Several large investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC bought a new stake in shares of Tile Shop in the second quarter worth about $157,000. Bank of New York Mellon Corp increased its holdings in shares of Tile Shop by 15.2% in the second quarter. Bank of New York Mellon Corp now owns 86,960 shares of the company’s stock worth $603,000 after acquiring an additional 11,456 shares in the last quarter. Quadrature Capital Ltd bought a new stake in shares of Tile Shop in the first quarter worth about $413,000. O Shaughnessy Asset Management LLC increased 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 worth $988,000 after acquiring an additional 7,268 shares in the last quarter. Finally, Hillsdale Investment Management Inc. bought a new stake in shares of Tile Shop in the first quarter worth about $2,417,000. 36.66% of the stock is currently owned by institutional investors.

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.