Fund 1 Investments, Llc Acquires 37,000 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Posted by Linda Flegge on Apr 19th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc acquired 37,000 shares of the business’s stock in a transaction dated Wednesday, April 17th. The stock was acquired at an average cost of $6.66 per share, with a total value of $246,420.00. Following the completion of the transaction, the insider now owns 5,921,308 shares of the company’s stock, valued at $39,435,911.28. The transaction was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

On Monday, April 15th, Fund 1 Investments, Llc bought 11,700 shares of Tile Shop stock. The stock was purchased at an average cost of $6.82 per share, for a total transaction of $79,794.00.
On Wednesday, April 10th, Fund 1 Investments, Llc bought 7,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.84 per share, with a total value of $51,300.00.
On Monday, April 8th, Fund 1 Investments, Llc bought 5,000 shares of Tile Shop stock. The shares were bought 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 purchased 57,500 shares of Tile Shop stock. The stock was purchased at an average price of $6.96 per share, with a total value of $400,200.00.
On Wednesday, April 3rd, Fund 1 Investments, Llc bought 50,000 shares of Tile Shop stock. The stock was purchased at an average cost of $6.98 per share, with a total value of $349,000.00.
On Monday, April 1st, Fund 1 Investments, Llc bought 25,000 shares of Tile Shop stock. The stock was purchased at an average price of $7.01 per share, with a total value of $175,250.00.
On Thursday, March 28th, Fund 1 Investments, Llc purchased 198,993 shares of Tile Shop stock. The shares were purchased at an average price of $7.03 per share, for a total transaction of $1,398,920.79.
On Tuesday, March 26th, Fund 1 Investments, Llc acquired 20,000 shares of Tile Shop stock. The stock was 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 purchased 37,500 shares of Tile Shop stock. The stock was acquired at an average price of $6.98 per share, with a total value of $261,750.00.
On Wednesday, March 20th, Fund 1 Investments, Llc purchased 24,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.89 per share, for a total transaction of $165,360.00.

Tile Shop Stock Down 2.3 %

Shares of NASDAQ:TTSH opened at $6.50 on Friday. The firm has a market cap of $289.32 million, a P/E ratio of 28.26 and a beta of 1.39. Tile Shop Holdings, Inc. has a 12-month low of $4.07 and a 12-month high of $7.67. The business has a fifty day simple moving average of $6.79 and a 200 day simple moving average of $6.45.

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

Hedge Funds Weigh In On Tile Shop

Institutional investors have recently modified their holdings of the business. First Eagle Investment Management LLC boosted its position in Tile Shop by 30.4% in the third quarter. First Eagle Investment Management LLC now owns 318,784 shares of the company’s stock worth $1,750,000 after purchasing an additional 74,250 shares during the last quarter. Strs Ohio grew its position in Tile Shop by 568.2% during the third quarter. Strs Ohio now owns 14,700 shares of the company’s stock valued at $80,000 after buying an additional 12,500 shares during the period. Janney Montgomery Scott LLC purchased a new stake in Tile Shop during the third quarter worth about $396,000. Stokes Family Office LLC raised its position in Tile Shop by 20.1% in the third quarter. Stokes Family Office LLC now owns 13,171 shares of the company’s stock worth $72,000 after acquiring an additional 2,201 shares during the period. Finally, Punch & Associates Investment Management Inc. boosted its stake in Tile Shop by 1.1% in the third quarter. Punch & Associates Investment Management Inc. now owns 835,796 shares of the company’s stock valued at $4,589,000 after acquiring an additional 8,996 shares during the last quarter. 36.66% of the stock is owned by institutional investors.

Tile Shop Company Profile

(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.