Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder, Fund 1 Investments, Llc, bought 10,000 shares of the company on Wednesday, August 7. The shares were bought at an average price of $6.00 per share, for a total value of $60,000.00. Following the acquisition, the insider now owns 7,538,623 shares of the company’s stock, valued at approximately $45,231,738. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC’s website. Major shareholders who own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Fund 1 Investments, Llc has also recently completed the following transactions:
- On Monday, August 5, Fund 1 Investments, Llc purchased 7,000 shares of Tile Shop. The shares were purchased at an average price of $6.15 per share, for a total value of $43,050.00.
- On Friday, August 2, Fund 1 Investments, Llc purchased 12,500 shares of Tile Shop stock. The shares were purchased at an average price of $6.56 per share, for a total transaction of $82,000.00.
- On Wednesday, July 31, Fund 1 Investments, Llc purchased 48,500 shares of Tile Shop. The shares were purchased at an average price of $7.26 per share, for a total value of $352,110.00.
- On Friday, July 26, Fund 1 Investments, Llc purchased 12,500 shares of Tile Shop. The shares were purchased at an average price of $7.00 per share, for a total transaction of $87,500.00.
- On Tuesday, July 23, Fund 1 Investments, Llc purchased 34,000 shares of Tile Shop. The shares were acquired at an average price of $7.05 per share, for a total value of $239,700.00.
- On Thursday, July 18, Fund 1 Investments, Llc purchased 13,500 shares of Tile Shop. The shares were acquired at an average price of $7.02 per share, for a total value of $94,770.00.
- On Tuesday, July 16, 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, for a total transaction of $206,625.00.
- On Friday, July 12, Fund 1 Investments, Llc purchased 31,000 shares of Tile Shop. The shares were acquired at an average price of $7.24 per share, for a total transaction of $224,440.00.
- On Wednesday, July 10, Fund 1 Investments, Llc purchased 15,500 shares of Tile Shop. The shares were purchased at an average price of $6.87 per share, for a total value of $106,485.00.
- On Friday, July 5, Fund 1 Investments, Llc purchased 95,000 shares of Tile Shop. The shares were purchased at an average price of $6.80 per share, for a total transaction of $646,000.00.
Tile Shop Price Performance
Tile Shop stock opened at $6.00 on Thursday. The stock has a market cap of $267.16 million, a price-to-earnings ratio of 28.57, and a beta of 1.43. The company has a 50-day moving average of $6.84 and a 200-day moving average of $6.74. Tile Shop Holdings, Inc. has a 1-year low of $4.33 and a 1-year high of $7.67.
Tile Shop (NASDAQ:TTSH – Free Report) last announced its quarterly earnings results on Thursday, May 9. The company reported $0.04 earnings per share for the quarter. Tile Shop had a return on equity of 7.77% and a net margin of 2.52%. The company posted revenue of $91.73 million for the quarter.
Institutional investors comment on the tile business
Several large investors have recently changed their holdings in TTSH. Fund 1 Investments LLC increased its holdings in Tile Shop by 13.9% in the fourth quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock valued at $37,539,000 after buying an additional 620,899 shares during the same period. Hillsdale Investment Management Inc. acquired a new stake in Tile Shop in the 1st quarter valued at $2,417,000. O Shaughnessy Asset Management LLC increased its holdings in Tile Shop by 5.5% in the first quarter. O Shaughnessy Asset Management LLC now owns 140,548 shares of the company’s stock valued at $988,000 after buying an additional 7,268 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Tile Shop by 9.2% in the first quarter. Janney Montgomery Scott LLC now owns 92,910 shares of the company’s stock valued at $653,000 after purchasing an additional 7,805 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in Tile Shop in the fourth quarter valued at about $95,000. Institutional investors own 36.66% of the company’s stock.
About Tile Shop
(Get free report)
Tile Shop Holdings, Inc. is a specialty retailer of natural and engineered stone tiles, installation and maintenance materials, and accessories in the United States. The company offers natural stone products, including marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. Engineered stone products include ceramic, porcelain, glass, cement, wood-effect, metallic, and luxury vinyl tiles.
Further information
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