Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Acquires 10,000 Shares

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 2nd. The stock was acquired at an average price of $6.74 per share, with a total value of $67,400.00. Following the completion of the acquisition, the insider now directly owns 6,068,446 shares of the company’s stock, valued at approximately $40,901,326.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 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 Tuesday, April 30th, Fund 1 Investments, Llc acquired 10,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.71 per share, with a total value of $67,100.00.
• On Monday, April 22nd, Fund 1 Investments, Llc purchased 98,438 shares of Tile Shop stock. The shares were purchased at an average price of $6.34 per share, with a total value of $624,096.92.
• On Friday, April 19th, Fund 1 Investments, Llc purchased 24,200 shares of Tile Shop stock. The shares were purchased at an average price of $6.26 per share, with a total value of $151,492.00.
• On Wednesday, April 17th, Fund 1 Investments, Llc purchased 37,000 shares of Tile Shop stock. The shares were purchased at an average price of $6.66 per share, with a total value of $246,420.00.
• On Monday, April 15th, Fund 1 Investments, Llc acquired 11,700 shares of Tile Shop stock. The shares were bought at an average cost of $6.82 per share, with a total value of $79,794.00.
• On Wednesday, April 10th, Fund 1 Investments, Llc acquired 7,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.84 per share, with a total value of $51,300.00.
• On Monday, April 8th, Fund 1 Investments, Llc acquired 5,000 shares of Tile Shop stock. The shares were bought at an average cost of $7.00 per share, with a total value of $35,000.00.
• On Friday, April 5th, Fund 1 Investments, Llc acquired 57,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.96 per share, with a total value of $400,200.00.
• On Wednesday, April 3rd, Fund 1 Investments, Llc purchased 50,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.98 per share, with a total value of $349,000.00.
• On Monday, April 1st, Fund 1 Investments, Llc purchased 25,000 shares of Tile Shop stock. The stock was acquired at an average cost of $7.01 per share, with a total value of $175,250.00.

Tile Shop Trading Down 1.9 %

NASDAQ:TTSH traded down $0.13 during mid-day trading on Thursday, hitting $6.74. The company’s stock had a trading volume of 73,840 shares, compared to its average volume of 123,188. Tile Shop Holdings, Inc. has a fifty-two week low of $4.30 and a fifty-two week high of $7.67. The company has a market capitalization of $300.00 million, a price-to-earnings ratio of 29.87 and a beta of 1.42. The stock has a fifty day moving average of $6.78 and a 200-day moving average of $6.54.

Tile Shop (NASDAQ:TTSH) last posted its quarterly earnings data on Thursday, February 29th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $84.46 million during the quarter. Tile Shop had a net margin of 2.67% and a return on equity of 8.64%.

Institutional Trading of Tile Shop

Several hedge funds have recently modified their holdings of the company. First Eagle Investment Management LLC increased its holdings in shares of Tile Shop by 30.4% in the third quarter. First Eagle Investment Management LLC now owns 318,784 shares of the company’s stock valued at $1,750,000 after purchasing an additional 74,250 shares in the last quarter. Strs Ohio increased its holdings in shares of Tile Shop by 568.2% in the third quarter. Strs Ohio now owns 14,700 shares of the company’s stock valued at $80,000 after purchasing an additional 12,500 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Tile Shop in the third quarter valued at approximately $396,000. Stokes Family Office LLC increased its holdings in shares of Tile Shop by 20.1% in the third quarter. Stokes Family Office LLC now owns 13,171 shares of the company’s stock valued at $72,000 after purchasing an additional 2,201 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. increased its holdings in shares of Tile Shop by 1.1% in the third quarter. Punch & Associates Investment Management Inc. now owns 835,796 shares of the company’s stock valued at $4,589,000 after purchasing an additional 8,996 shares in the last quarter. Institutional investors and hedge funds own 36.66% of the company’s stock.

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.