Fund 1 Investments, Llc Buys 6,000 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Posted by William Tyler on Sep 12th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc acquired 6,000 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was acquired at an average cost of $5.95 per share, with a total value of $35,700.00. Following the transaction, the insider now directly owns 7,748,627 shares of the company’s stock, valued at $46,104,330.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Fund 1 Investments, Llc also recently made the following trade(s):

On Thursday, September 5th, Fund 1 Investments, Llc purchased 20,500 shares of Tile Shop stock. The shares were acquired 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 acquired 22,600 shares of Tile Shop stock. The stock was bought 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 bought 20,500 shares of Tile Shop stock. The stock was bought at an average price of $6.09 per share, with a total value 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 price of $6.05 per share, for a total transaction of $42,350.00.
On Tuesday, August 20th, Fund 1 Investments, Llc acquired 8,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.07 per share, with a total value of $48,560.00.
On Friday, August 16th, Fund 1 Investments, Llc bought 3,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.17 per share, for a total transaction of $21,595.00.
On Wednesday, August 14th, Fund 1 Investments, Llc purchased 13,300 shares of Tile Shop stock. The shares were purchased at an average cost of $5.99 per share, with a total value of $79,667.00.
On Monday, August 12th, Fund 1 Investments, Llc acquired 14,300 shares of Tile Shop stock. The stock was purchased at an average price of $5.93 per share, for a total transaction of $84,799.00.
On Friday, August 9th, Fund 1 Investments, Llc bought 15,304 shares of Tile Shop stock. The shares were acquired at an average price of $6.04 per share, with a total value of $92,436.16.
On Wednesday, August 7th, Fund 1 Investments, Llc purchased 10,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.00 per share, for a total transaction of $60,000.00.

Tile Shop Stock Up 1.8 %

Shares of NASDAQ TTSH opened at $6.21 on Thursday. Tile Shop Holdings, Inc. has a fifty-two week low of $4.33 and a fifty-two week high of $7.67. The business has a 50 day moving average price of $6.49 and a two-hundred day moving average price of $6.66. The firm has a market cap of $276.51 million, a PE ratio of 29.57 and a beta of 1.43.

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. bought a new position in shares of Tile Shop during the first quarter worth about $25,000. The Manufacturers Life Insurance Company lifted 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 worth $93,000 after buying an additional 3,145 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of Tile Shop by 80.3% in the 1st quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock worth $102,000 after acquiring an additional 6,446 shares in the last quarter. Focus Financial Network Inc. ADV bought a new stake in shares of Tile Shop in the 4th quarter valued at approximately $118,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in shares of Tile Shop during the 2nd quarter valued at approximately $157,000. 36.66% of the stock is owned by institutional investors and hedge funds.

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.