Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Acquires $1,398,920.79 in Stock

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 198,993 shares of the stock in a transaction on Thursday, March 28th. The shares were purchased at an average price of $7.03 per share, with a total value of $1,398,920.79. Following the acquisition, the insider now owns 5,632,108 shares in the company, valued at approximately $39,593,719.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more 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 Tuesday, March 26th, Fund 1 Investments, Llc purchased 20,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.96 per share, with a total value of $139,200.00.
• On Friday, March 22nd, Fund 1 Investments, Llc acquired 37,500 shares of Tile Shop stock. The stock was acquired 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 bought 24,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.89 per share, for a total transaction of $165,360.00.
• On Monday, March 18th, Fund 1 Investments, Llc purchased 279,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.51 per share, for a total transaction of $1,816,290.00.
• On Thursday, March 14th, Fund 1 Investments, Llc acquired 10,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.55 per share, with a total value of $65,500.00.
• On Friday, March 8th, Fund 1 Investments, Llc purchased 10,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.82 per share, with a total value of $68,200.00.
• On Wednesday, March 6th, Fund 1 Investments, Llc purchased 32,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.78 per share, for a total transaction of $220,350.00.
• On Thursday, February 29th, Fund 1 Investments, Llc acquired 155,829 shares of Tile Shop stock. The stock was bought at an average cost of $6.94 per share, with a total value of $1,081,453.26.
• On Tuesday, February 27th, Fund 1 Investments, Llc purchased 93,800 shares of Tile Shop stock. The shares were bought at an average price of $6.89 per share, with a total value of $646,282.00.
• On Thursday, February 22nd, Fund 1 Investments, Llc acquired 60,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.49 per share, with a total value of $389,400.00.

Tile Shop Price Performance

NASDAQ:TTSH opened at $7.03 on Friday. The company has a market capitalization of $312.91 million, a P/E ratio of 30.57 and a beta of 1.39. The business has a fifty day simple moving average of $6.69 and a two-hundred day simple moving average of $6.30. Tile Shop Holdings, Inc. has a 1 year low of $4.07 and a 1 year high of $7.67.

Tile Shop (NASDAQ:TTSH) last posted its quarterly earnings results 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 company had revenue of $84.46 million for the quarter.

Institutional Investors Weigh In On Tile Shop

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of Tile Shop by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 1,288,819 shares of the company’s stock worth $9,486,000 after purchasing an additional 10,452 shares in the last quarter. Virtu Financial LLC bought a new stake in Tile Shop in the 4th quarter worth approximately $114,000. Barclays PLC grew its position in Tile Shop by 328.5% during the fourth quarter. Barclays PLC now owns 44,488 shares of the company’s stock valued at $328,000 after acquiring an additional 34,106 shares during the last quarter. Fund 1 Investments LLC raised 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 worth $37,539,000 after acquiring an additional 620,899 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Tile Shop by 4.2% in the 4th quarter. Northern Trust Corp now owns 227,710 shares of the company’s stock worth $1,676,000 after acquiring an additional 9,165 shares during the last quarter. 36.66% of the stock is currently owned by institutional investors.

Tile Shop Company Profile

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.