Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Purchases $23,205.00 in Stock

Posted by Anthony Miller on Sep 28th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc bought 3,500 shares of Tile Shop stock in a transaction that occurred on Monday, September 23rd. The stock was purchased at an average cost of $6.63 per share, with a total value of $23,205.00. Following the completion of the transaction, the insider now owns 7,829,336 shares of the company’s stock, valued at $51,908,497.68. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

On Wednesday, September 25th, Fund 1 Investments, Llc bought 11,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.55 per share, for a total transaction of $75,325.00.
On Friday, September 20th, Fund 1 Investments, Llc purchased 27,900 shares of Tile Shop stock. The stock was acquired at an average cost of $6.65 per share, with a total value of $185,535.00.
On Wednesday, September 18th, Fund 1 Investments, Llc acquired 25,500 shares of Tile Shop stock. The stock was bought at an average price 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 stock was 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 cost 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 bought 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 bought 22,600 shares of Tile Shop stock. The shares were purchased at an average price of $6.08 per share, with a total value of $137,408.00.
On Thursday, August 29th, Fund 1 Investments, Llc purchased 20,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.09 per share, for a total transaction of $124,845.00.
On Tuesday, August 27th, Fund 1 Investments, Llc acquired 7,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.05 per share, with a total value of $42,350.00.

Tile Shop Price Performance

Shares of TTSH opened at $6.61 on Friday. The business’s 50 day simple moving average is $6.35 and its 200-day simple moving average is $6.63. Tile Shop Holdings, Inc. has a one year low of $4.33 and a one year high of $7.67. The company has a market capitalization of $294.32 million, a P/E ratio of 31.48 and a beta of 1.43.

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

Institutional Investors Weigh In On Tile Shop

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fund 1 Investments LLC grew its stake in shares of Tile Shop by 13.9% during the fourth quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock valued at $37,539,000 after purchasing an additional 620,899 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Tile Shop by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 1,298,881 shares of the company’s stock valued at $9,131,000 after buying an additional 10,062 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Tile Shop by 5.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,108,846 shares of the company’s stock valued at $7,684,000 after buying an additional 53,515 shares during the period. First Eagle Investment Management LLC boosted its holdings in Tile Shop by 8.5% in the first quarter. First Eagle Investment Management LLC now owns 373,484 shares of the company’s stock valued at $2,626,000 after acquiring an additional 29,400 shares during the last quarter. Finally, Hillsdale Investment Management Inc. acquired a new stake in Tile Shop in the first quarter worth about $2,417,000. Institutional investors and hedge funds own 36.66% of the company’s stock.

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.