Insider Buying: Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys $185,535.00 in Stock

Posted by William Tyler on Sep 23rd, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc purchased 27,900 shares of the company’s stock in a transaction on Friday, September 20th. The stock was acquired at an average price of $6.65 per share, with a total value of $185,535.00. Following the completion of the purchase, the insider now directly owns 7,825,836 shares in the company, valued at $52,041,809.40. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

On Wednesday, September 18th, Fund 1 Investments, Llc bought 25,500 shares of Tile Shop stock. The stock was bought at an average cost of $6.61 per share, for a total transaction of $168,555.00.
On Monday, September 16th, Fund 1 Investments, Llc bought 2,507 shares of Tile Shop stock. The shares were bought at an average cost of $6.41 per share, with a total value 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, for a total transaction of $119,093.34.
On Monday, September 9th, Fund 1 Investments, Llc acquired 6,000 shares of Tile Shop stock. The shares were purchased at an average price of $5.95 per share, with a total value of $35,700.00.
On Thursday, September 5th, Fund 1 Investments, Llc bought 20,500 shares of Tile Shop stock. The stock was purchased at an average price of $5.88 per share, for a total transaction 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, with a total value of $137,408.00.
On Thursday, August 29th, Fund 1 Investments, Llc acquired 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 stock was acquired at an average cost of $6.05 per share, with a total value of $42,350.00.
On Tuesday, August 20th, Fund 1 Investments, Llc purchased 8,000 shares of Tile Shop stock. The shares were acquired at an average cost of $6.07 per share, for a total transaction of $48,560.00.
On Friday, August 16th, Fund 1 Investments, Llc bought 3,500 shares of Tile Shop stock. The stock was acquired at an average price of $6.17 per share, for a total transaction of $21,595.00.

Tile Shop Trading Down 1.9 %

TTSH opened at $6.62 on Monday. The firm has a market cap of $294.76 million, a P/E ratio of 31.52 and a beta of 1.43. Tile Shop Holdings, Inc. has a 12 month low of $4.33 and a 12 month high of $7.67. The stock has a 50-day moving average of $6.41 and a 200 day moving average of $6.63.

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

Hedge Funds Weigh In On Tile Shop

A number of large investors have recently made changes to their positions in TTSH. Janney Montgomery Scott LLC lifted its stake in Tile Shop by 17.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 85,105 shares of the company’s stock worth $626,000 after purchasing an additional 12,921 shares during the last quarter. Focus Financial Network Inc. ADV bought a new position in Tile Shop in the 4th quarter valued at $118,000. Fund 1 Investments LLC increased its stake in Tile Shop by 13.9% in the fourth quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock worth $37,539,000 after purchasing an additional 620,899 shares during the period. Denali Advisors LLC lifted its position in shares of Tile Shop by 62.9% during the first quarter. Denali Advisors LLC now owns 34,200 shares of the company’s stock worth $240,000 after purchasing an additional 13,200 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Tile Shop by 80.3% during 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. 36.66% of the stock is owned by hedge funds and other institutional investors.

About Tile Shop

(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.