Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Purchases $79,794.00 in Stock

Posted by Donald Scott on Apr 18th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc purchased 11,700 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The stock was acquired at an average price of $6.82 per share, with a total value of $79,794.00. Following the completion of the purchase, the insider now owns 5,853,808 shares in the company, valued at $39,922,970.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more 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 Wednesday, April 17th, Fund 1 Investments, Llc acquired 37,000 shares of Tile Shop stock. The shares were purchased at an average cost of $6.66 per share, for a total transaction of $246,420.00.
On Wednesday, April 10th, Fund 1 Investments, Llc acquired 7,500 shares of Tile Shop stock. The shares were purchased at an average cost of $6.84 per share, for a total transaction of $51,300.00.
On Monday, April 8th, Fund 1 Investments, Llc purchased 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 shares were bought at an average cost of $6.96 per share, for a total transaction of $400,200.00.
On Wednesday, April 3rd, Fund 1 Investments, Llc acquired 50,000 shares of Tile Shop stock. The stock was acquired at an average cost of $6.98 per share, for a total transaction of $349,000.00.
On Monday, April 1st, Fund 1 Investments, Llc acquired 25,000 shares of Tile Shop stock. The stock was acquired at an average cost of $7.01 per share, for a total transaction of $175,250.00.
On Thursday, March 28th, Fund 1 Investments, Llc bought 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 bought 20,000 shares of Tile Shop stock. The shares were purchased at an average price of $6.96 per share, for a total transaction of $139,200.00.
On Friday, March 22nd, Fund 1 Investments, Llc acquired 37,500 shares of Tile Shop stock. The shares were bought at an average price of $6.98 per share, for a total transaction of $261,750.00.
On Wednesday, March 20th, Fund 1 Investments, Llc acquired 24,000 shares of Tile Shop stock. The shares were bought at an average price of $6.89 per share, for a total transaction of $165,360.00.

Tile Shop Price Performance

Tile Shop stock opened at $6.65 on Thursday. The stock has a market cap of $295.99 million, a P/E ratio of 28.91 and a beta of 1.39. Tile Shop Holdings, Inc. has a 1 year low of $4.07 and a 1 year high of $7.67. The firm’s 50 day moving average price is $6.78 and its 200-day moving average price is $6.45.

Tile Shop (NASDAQ:TTSH – Get Free Report) last released its quarterly earnings data 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 firm had revenue of $84.46 million for the quarter.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its stake in Tile Shop by 4.1% during the fourth quarter. JPMorgan Chase & Co. now owns 46,066 shares of the company’s stock worth $202,000 after buying an additional 1,835 shares during the period. Stokes Family Office LLC boosted its stake in shares of Tile Shop by 20.1% during the third quarter. Stokes Family Office LLC now owns 13,171 shares of the company’s stock valued at $72,000 after purchasing an additional 2,201 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Tile Shop by 6.5% during the first quarter. Bank of New York Mellon Corp now owns 36,483 shares of the company’s stock valued at $239,000 after purchasing an additional 2,241 shares during the period. SG Americas Securities LLC boosted its stake in shares of Tile Shop by 19.4% during the fourth 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 period. Finally, Northern Trust Corp boosted its stake in shares of Tile Shop by 4.6% during the first quarter. Northern Trust Corp now owns 64,126 shares of the company’s stock valued at $420,000 after purchasing an additional 2,837 shares during the period. 36.66% of the stock is owned by hedge funds and other 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.