Fund 1 Investments, Llc Purchases 7,000 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Posted by Dee Baugher on Oct 2nd, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc purchased 7,000 shares of the company’s stock in a transaction on Friday, September 27th. The stock was acquired at an average cost of $6.61 per share, for a total transaction of $46,270.00. Following the completion of the purchase, the insider now owns 7,885,636 shares of the company’s stock, valued at approximately $52,124,053.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Monday, September 30th, Fund 1 Investments, Llc purchased 17,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.55 per share, for a total transaction of $114,625.00.
On Wednesday, September 25th, Fund 1 Investments, Llc purchased 11,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.55 per share, for a total transaction of $75,325.00.
On Monday, September 23rd, Fund 1 Investments, Llc purchased 3,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.63 per share, for a total transaction of $23,205.00.
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, for a total transaction of $185,535.00.
On Wednesday, September 18th, Fund 1 Investments, Llc bought 25,500 shares of Tile Shop stock. The shares were purchased at an average cost 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 shares were purchased at an average cost of $6.41 per share, for a total transaction of $16,069.87.
On Wednesday, September 11th, Fund 1 Investments, Llc bought 19,302 shares of Tile Shop stock. The shares were purchased 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 bought 6,000 shares of Tile Shop stock. The shares were purchased at an average cost of $5.95 per share, for a total transaction of $35,700.00.
On Thursday, September 5th, Fund 1 Investments, Llc bought 20,500 shares of Tile Shop stock. The shares were purchased at an average cost 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 cost of $6.08 per share, for a total transaction of $137,408.00.

Tile Shop Stock Down 1.7 %

Shares of NASDAQ:TTSH opened at $6.48 on Wednesday. The stock’s 50 day moving average is $6.34 and its 200-day moving average is $6.63. Tile Shop Holdings, Inc. has a twelve month low of $4.33 and a twelve month high of $7.67. The firm has a market capitalization of $288.53 million, a price-to-earnings ratio of 30.29 and a beta of 1.43.

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

Institutional Investors Weigh In On Tile Shop

Several institutional investors have recently bought and sold shares of TTSH. Russell Investments Group Ltd. bought a new stake in Tile Shop during the first quarter worth $25,000. The Manufacturers Life Insurance Company grew its stake in Tile Shop by 30.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,398 shares of the company’s stock valued at $93,000 after purchasing an additional 3,145 shares during the period. BNP Paribas Financial Markets grew its stake in Tile Shop by 80.3% in the 1st quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock valued at $102,000 after purchasing an additional 6,446 shares during the period. Focus Financial Network Inc. ADV bought a new position in Tile Shop in the 4th quarter valued at $118,000. Finally, Allspring Global Investments Holdings LLC bought a new position in Tile Shop in the 2nd quarter valued at $157,000. 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.