Fund 1 Investments, Llc Purchases 34,000 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 34,000 shares of the company’s stock in a transaction dated Tuesday, July 23rd. The shares were bought at an average cost of $7.05 per share, for a total transaction of $239,700.00. Following the completion of the acquisition, the insider now directly owns 7,423,123 shares of the company’s stock, valued at $52,333,017.15. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more 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, July 18th, Fund 1 Investments, Llc acquired 13,500 shares of Tile Shop stock. The shares were bought at an average cost of $7.02 per share, for a total transaction of $94,770.00.
• On Tuesday, July 16th, Fund 1 Investments, Llc acquired 28,500 shares of Tile Shop stock. The shares were bought at an average cost of $7.25 per share, for a total transaction of $206,625.00.
• On Friday, July 12th, Fund 1 Investments, Llc acquired 31,000 shares of Tile Shop stock. The shares were bought at an average cost of $7.24 per share, for a total transaction of $224,440.00.
• On Wednesday, July 10th, Fund 1 Investments, Llc acquired 15,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.87 per share, for a total transaction of $106,485.00.
• On Friday, July 5th, Fund 1 Investments, Llc purchased 95,000 shares of Tile Shop stock. The shares were bought at an average cost 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 shares were bought at an average cost 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 shares were bought at an average cost 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 bought 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 bought at an average cost of $6.85 per share, for a total transaction of $232,900.00.
• On Monday, June 24th, Fund 1 Investments, Llc purchased 74,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.97 per share, for a total transaction of $519,265.00.

Tile Shop Trading Down 0.1 %

TTSH traded down $0.01 during midday trading on Tuesday, hitting $7.04. 160,432 shares of the company were exchanged, compared to its average volume of 114,828. The company’s 50 day simple moving average is $6.77 and its 200 day simple moving average is $6.76. The firm has a market capitalization of $313.49 million, a price-to-earnings ratio of 33.53 and a beta of 1.43. Tile Shop Holdings, Inc. has a 1-year low of $4.33 and a 1-year high of $7.67.

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

Institutional Investors Weigh In On Tile Shop

Several hedge funds have recently modified their holdings of the company. Quadrature Capital Ltd purchased a new stake in shares of Tile Shop during the 1st quarter worth about $413,000. O Shaughnessy Asset Management LLC boosted its stake 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 worth $988,000 after acquiring an additional 7,268 shares in the last quarter. Hillsdale Investment Management Inc. purchased a new stake in shares of Tile Shop during the 1st quarter worth about $2,417,000. Vanguard Group Inc. boosted its stake in shares of Tile Shop by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 1,298,881 shares of the company’s stock worth $9,131,000 after acquiring an additional 10,062 shares in the last quarter. Finally, First Eagle Investment Management LLC boosted its stake in shares of Tile Shop by 8.5% during the 1st quarter. First Eagle Investment Management LLC now owns 373,484 shares of the company’s stock worth $2,626,000 after acquiring an additional 29,400 shares in the last quarter. 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.