Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Buys $119,093.34 in Stock

Posted by John Adams on Sep 16th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc purchased 19,302 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The stock was acquired at an average cost of $6.17 per share, with a total value of $119,093.34. Following the purchase, the insider now directly owns 7,768,929 shares of the company’s stock, valued at $47,934,291.93. The purchase was disclosed in a legal filing with the SEC, which is available 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 Monday, September 16th, Fund 1 Investments, Llc acquired 2,507 shares of Tile Shop stock. The shares were bought at an average cost of $6.41 per share, for a total transaction of $16,069.87.
On Monday, September 9th, Fund 1 Investments, Llc bought 6,000 shares of Tile Shop stock. The stock was bought at an average cost of $5.95 per share, with a total value of $35,700.00.
On Thursday, September 5th, Fund 1 Investments, Llc purchased 20,500 shares of Tile Shop stock. The shares were bought 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 acquired 22,600 shares of Tile Shop stock. The stock was bought 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 bought 20,500 shares of Tile Shop stock. The shares were 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 purchased 7,000 shares of Tile Shop stock. The shares were purchased at an average price of $6.05 per share, for a total transaction of $42,350.00.
On Tuesday, August 20th, Fund 1 Investments, Llc acquired 8,000 shares of Tile Shop stock. The stock was purchased at an average price of $6.07 per share, with a total value of $48,560.00.
On Friday, August 16th, Fund 1 Investments, Llc bought 3,500 shares of Tile Shop stock. The shares were acquired at an average price of $6.17 per share, for a total transaction of $21,595.00.
On Wednesday, August 14th, Fund 1 Investments, Llc purchased 13,300 shares of Tile Shop stock. The stock was acquired at an average price of $5.99 per share, with a total value of $79,667.00.
On Monday, August 12th, Fund 1 Investments, Llc acquired 14,300 shares of Tile Shop stock. The shares were acquired at an average cost of $5.93 per share, for a total transaction of $84,799.00.

Tile Shop Stock Up 0.8 %

Shares of NASDAQ TTSH traded up $0.05 on Monday, reaching $6.40. 36,523 shares of the company’s stock traded hands, compared to its average volume of 102,806. The business’s 50 day simple moving average is $6.45 and its two-hundred day simple moving average is $6.64. Tile Shop Holdings, Inc. has a 12 month low of $4.33 and a 12 month high of $7.67. The company has a market cap of $284.97 million, a price-to-earnings ratio of 30.48 and a beta of 1.43.

Tile Shop (NASDAQ:TTSH – Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.03 earnings per share 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 during the quarter.

Hedge Funds Weigh In On Tile Shop

A number of hedge funds have recently bought and sold shares of TTSH. Janney Montgomery Scott LLC raised its holdings 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 buying 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 approximately $118,000. Fund 1 Investments LLC boosted its stake in Tile Shop by 13.9% during the 4th 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. Denali Advisors LLC increased its holdings in shares of Tile Shop by 62.9% in the 1st quarter. Denali Advisors LLC now owns 34,200 shares of the company’s stock worth $240,000 after purchasing an additional 13,200 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of Tile Shop by 80.3% in the first quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock worth $102,000 after purchasing an additional 6,446 shares during the last quarter. Institutional investors 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.