Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Purchases 20,000 Shares

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc purchased 20,000 shares of Tile Shop stock in a transaction dated Tuesday, March 26th. The shares were acquired at an average cost of $6.96 per share, for a total transaction of $139,200.00. Following the completion of the transaction, the insider now owns 5,433,115 shares of the company’s stock, valued at approximately $37,814,480.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 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 Thursday, March 28th, Fund 1 Investments, Llc bought 198,993 shares of Tile Shop stock. The stock was purchased at an average cost of $7.03 per share, for a total transaction of $1,398,920.79.
• On Friday, March 22nd, Fund 1 Investments, Llc bought 37,500 shares of Tile Shop stock. The stock was 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 bought 24,000 shares of Tile Shop stock. The stock was purchased 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 bought 279,000 shares of Tile Shop stock. The stock was 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 bought 10,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.55 per share, for a total transaction of $65,500.00.
• On Friday, March 8th, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.82 per share, for a total transaction of $68,200.00.
• On Wednesday, March 6th, Fund 1 Investments, Llc bought 32,500 shares of Tile Shop stock. The stock was purchased 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 purchased 155,829 shares of Tile Shop stock. The shares were bought at an average cost of $6.94 per share, for a total transaction 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 cost of $6.89 per share, for a total transaction of $646,282.00.
• On Thursday, February 22nd, Fund 1 Investments, Llc purchased 60,000 shares of Tile Shop stock. The shares were bought at an average cost of $6.49 per share, for a total transaction of $389,400.00.

Tile Shop Trading Up 0.9 %

TTSH traded up $0.06 during midday trading on Thursday, hitting $7.03. 394,438 shares of the company were exchanged, compared to its average volume of 134,645. The company’s 50 day simple moving average is $6.69 and its 200 day simple moving average is $6.29. Tile Shop Holdings, Inc. has a 1-year low of $4.07 and a 1-year high of $7.67. The firm has a market capitalization of $312.91 million, a price-to-earnings ratio of 30.57 and a beta of 1.39.

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

Institutional Investors Weigh In On Tile Shop

Several hedge funds have recently modified their holdings of TTSH. JPMorgan Chase & Co. boosted its stake in shares of Tile Shop by 65.7% during the 1st quarter. JPMorgan Chase & Co. now owns 50,118 shares of the company’s stock worth $328,000 after acquiring an additional 19,870 shares in the last quarter. Raymond James & Associates purchased a new position in Tile Shop in the 1st quarter valued at about $81,000. Bank of New York Mellon Corp lifted its stake in Tile Shop by 6.5% in the 1st quarter. Bank of New York Mellon Corp now owns 36,483 shares of the company’s stock valued at $239,000 after buying an additional 2,241 shares in the last quarter. Citigroup Inc. lifted its stake in Tile Shop by 157.6% in the 1st quarter. Citigroup Inc. now owns 56,266 shares of the company’s stock valued at $369,000 after buying an additional 34,426 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Tile Shop by 76.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 202,388 shares of the company’s stock valued at $1,326,000 after buying an additional 87,397 shares in the last quarter. 36.66% of the stock is owned by hedge funds and other 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.