Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys $225,918.36 in Stock

Posted by Paula Ricardo on Jul 5th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc acquired 33,029 shares of the firm’s stock in a transaction on Monday, July 1st. The stock was purchased at an average price of $6.84 per share, with a total value of $225,918.36. Following the transaction, the insider now owns 7,147,623 shares of the company’s stock, valued at approximately $48,889,741.32. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Major shareholders that own 10% or more 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 Friday, June 28th, Fund 1 Investments, Llc purchased 27,500 shares of Tile Shop stock. The stock was acquired at an average price of $6.91 per share, with a total value of $190,025.00.
On Wednesday, June 26th, Fund 1 Investments, Llc purchased 34,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.85 per share, for a total transaction of $232,900.00.
On Monday, June 24th, Fund 1 Investments, Llc acquired 74,500 shares of Tile Shop stock. The stock was acquired at an average price of $6.97 per share, with a total value of $519,265.00.
On Thursday, June 20th, Fund 1 Investments, Llc bought 28,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.97 per share, for a total transaction of $195,160.00.
On Monday, June 17th, Fund 1 Investments, Llc purchased 88,500 shares of Tile Shop stock. The stock was bought 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 bought 55,500 shares of Tile Shop stock. The stock was bought at an average price of $6.63 per share, for a total transaction of $367,965.00.
On Wednesday, June 12th, Fund 1 Investments, Llc bought 26,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.66 per share, with a total value of $173,160.00.
On Monday, June 10th, Fund 1 Investments, Llc purchased 70,500 shares of Tile Shop stock. The stock was bought at an average cost of $6.56 per share, for a total transaction of $462,480.00.
On Friday, June 7th, Fund 1 Investments, Llc acquired 30,500 shares of Tile Shop stock. The shares were purchased at an average price of $6.66 per share, with a total value of $203,130.00.
On Wednesday, June 5th, Fund 1 Investments, Llc purchased 8,141 shares of Tile Shop stock. The stock was purchased at an average cost of $6.73 per share, for a total transaction of $54,788.93.

Tile Shop Stock Performance

NASDAQ TTSH opened at $6.99 on Friday. Tile Shop Holdings, Inc. has a one year low of $4.33 and a one year high of $7.67. The business has a fifty day moving average price of $6.71 and a 200 day moving average price of $6.78. The company has a market cap of $311.26 million, a P/E ratio of 33.29 and a beta of 1.43.

Tile Shop (NASDAQ:TTSH – Get Free Report) last issued its earnings results on Thursday, May 9th. The company reported $0.04 EPS for the quarter. The business 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 Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC increased its holdings in shares of Tile Shop by 19.4% in the fourth quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock valued at $116,000 after purchasing an additional 2,548 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in Tile Shop in the 1st quarter valued at $25,000. Gladius Capital Management LP acquired a new stake in shares of Tile Shop in the 4th quarter worth $38,000. BNP Paribas Financial Markets raised its holdings in shares of Tile Shop by 80.3% during 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 during the period. Finally, O Shaughnessy Asset Management LLC boosted its position in shares of Tile Shop by 5.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 140,548 shares of the company’s stock valued at $988,000 after acquiring an additional 7,268 shares during the last quarter. 36.66% of the stock is owned by hedge funds and other institutional investors.

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.