Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Fund 1 Investments, Llc Acquires 12,500 Shares

Tile Shop Holdings, Inc. (NASDAQ:TTSH) major shareholder Fund 1 Investments, Llc acquired 12,500 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The stock was acquired at an average price of $7.00 per share, with a total value of $87,500.00. Following the acquisition, the insider now directly owns 7,435,623 shares of the company’s stock, valued at approximately $52,049,361. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 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 Tuesday, July 23rd, Fund 1 Investments, Llc purchased 34,000 shares of Tile Shop stock. The shares were purchased at an average price of $7.05 per share, with a total value of $239,700.00.
• On Thursday, July 18th, Fund 1 Investments, Llc purchased 13,500 shares of Tile Shop stock. The shares were purchased at an average price of $7.02 per share, with a total value of $94,770.00.
• On Tuesday, July 16th, Fund 1 Investments, Llc purchased 28,500 shares of Tile Shop stock. The shares were purchased at an average price of $7.25 per share, with a total value of $206,625.00.
• On Friday, July 12th, Fund 1 Investments, Llc purchased 31,000 shares of Tile Shop stock. The shares were purchased at an average price of $7.24 per share, with a total value of $224,440.00.
• On Wednesday, July 10th, Fund 1 Investments, Llc purchased 15,500 shares of Tile Shop stock. The shares were purchased at an average price of $6.87 per share, with a total value of $106,485.00.
• On Friday, July 5th, Fund 1 Investments, Llc purchased 95,000 shares of Tile Shop stock. The shares were purchased at an average price of $6.80 per share, with a total value of $646,000.00.
• On Wednesday, July 3rd, Fund 1 Investments, Llc acquired 10,000 shares of Tile Shop stock. The shares were bought at an average price of $7.01 per share, with a total value of $70,100.00.
• On Monday, July 1st, Fund 1 Investments, Llc acquired 33,029 shares of Tile Shop stock. The shares were bought at an average price of $6.84 per share, with a total value of $225,918.36.
• On Friday, June 28th, Fund 1 Investments, Llc acquired 27,500 shares of Tile Shop stock. The shares were bought at an average price of $6.91 per share, with a total value of $190,025.00.
• On Wednesday, June 26th, Fund 1 Investments, Llc acquired 34,000 shares of Tile Shop stock. The shares were bought at an average price of $6.85 per share, with a total value of $232,900.00.

Tile Shop Price Performance

Shares of NASDAQ:TTSH traded down $0.14 during trading on Tuesday, hitting $7.09. 70,361 shares of the company were exchanged, compared to its average volume of 113,581. The stock has a market capitalization of $315.72 million, a P/E ratio of 33.76 and a beta of 1.43. Tile Shop Holdings, Inc. has a 12-month low of $4.33 and a 12-month high of $7.67. The firm’s 50 day moving average price is $6.84 and its 200-day moving average price is $6.76.

Tile Shop (NASDAQ:TTSH) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.04 EPS for the quarter. Tile Shop had a net margin of 2.52% and a return on equity of 7.77%. The firm had revenue of $91.73 million during the quarter.

Institutional Trading of Tile Shop

Several institutional investors and hedge funds have recently bought and sold shares of TTSH. SG Americas Securities LLC raised its position in Tile Shop by 19.4% in the 4th quarter. SG Americas Securities LLC now owns 15,700 shares of the company’s stock valued at $116,000 after purchasing an additional 2,548 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Tile Shop in the 4th quarter valued at $95,000. Gladius Capital Management LP purchased a new stake in Tile Shop in the 4th quarter valued at $38,000. Janney Montgomery Scott LLC raised its position in Tile Shop by 17.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 85,105 shares of the company’s stock worth $626,000 after buying an additional 12,921 shares during the last quarter. Finally, First Eagle Investment Management LLC raised its position in Tile Shop by 7.9% during the 4th quarter. First Eagle Investment Management LLC now owns 344,084 shares of the company’s stock worth $2,532,000 after buying an additional 25,300 shares during the last quarter. Hedge funds and other institutional investors own 36.66% of the company’s stock.

About Tile Shop

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.