Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Purchases 11,700 Shares

Posted by Patrick Bannon on Apr 18th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc purchased 11,700 shares of the firm’s stock in a transaction on Monday, April 15th. The stock was acquired at an average price of $6.82 per share, with a total value of $79,794.00. Following the completion of the transaction, the insider now owns 5,853,808 shares in the company, valued at approximately $39,922,970.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large 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, April 17th, Fund 1 Investments, Llc acquired 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 Wednesday, April 10th, Fund 1 Investments, Llc bought 7,500 shares of Tile Shop stock. The shares were bought at an average cost of $6.84 per share, for a total transaction of $51,300.00.
On Monday, April 8th, Fund 1 Investments, Llc acquired 5,000 shares of Tile Shop stock. The stock was acquired at an average cost of $7.00 per share, for a total transaction of $35,000.00.
On Friday, April 5th, Fund 1 Investments, Llc acquired 57,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.96 per share, for a total transaction of $400,200.00.
On Wednesday, April 3rd, Fund 1 Investments, Llc acquired 50,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.98 per share, for a total transaction of $349,000.00.
On Monday, April 1st, Fund 1 Investments, Llc acquired 25,000 shares of Tile Shop stock. The stock was acquired at an average cost of $7.01 per share, for a total transaction of $175,250.00.
On Thursday, March 28th, Fund 1 Investments, Llc acquired 198,993 shares of Tile Shop stock. The stock was acquired at an average cost of $7.03 per share, for a total transaction of $1,398,920.79.
On Tuesday, March 26th, Fund 1 Investments, Llc purchased 20,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.96 per share, for a total transaction of $139,200.00.
On Friday, March 22nd, Fund 1 Investments, Llc purchased 37,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.98 per share, for a total transaction of $261,750.00.
On Wednesday, March 20th, Fund 1 Investments, Llc purchased 24,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.89 per share, for a total transaction of $165,360.00.

Tile Shop Price Performance

TTSH opened at $6.65 on Thursday. Tile Shop Holdings, Inc. has a fifty-two week low of $4.07 and a fifty-two week high of $7.67. The company’s 50-day moving average is $6.78 and its 200 day moving average is $6.45. The firm has a market capitalization of $295.99 million, a P/E ratio of 28.91 and a beta of 1.39.

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

Institutional Trading of Tile Shop

Large investors have recently added to or reduced their stakes in the stock. First Eagle Investment Management LLC increased its holdings in Tile Shop by 30.4% during the third quarter. First Eagle Investment Management LLC now owns 318,784 shares of the company’s stock worth $1,750,000 after buying an additional 74,250 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Tile Shop in the third quarter valued at approximately $396,000. Stokes Family Office LLC raised its position 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 during the period. Strs Ohio raised its position 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 during the period. Finally, Punch & Associates Investment Management Inc. increased its holdings in Tile Shop by 1.1% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 835,796 shares of the company’s stock worth $4,589,000 after acquiring an additional 8,996 shares during the period. Hedge funds and other 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.