Fund 1 Investments, Llc Purchases 11,700 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Posted by Lisa Durand on Apr 17th, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc bought 11,700 shares of the company’s stock in a transaction on Monday, April 15th. The shares were acquired at an average price of $6.82 per share, with a total value of $79,794.00. Following the transaction, the insider now directly owns 5,853,808 shares of the company’s stock, valued at $39,922,970.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large 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 bought 37,000 shares of Tile Shop stock. The shares were acquired at an average price of $6.66 per share, with a total value of $246,420.00.
On Wednesday, April 10th, Fund 1 Investments, Llc purchased 7,500 shares of Tile Shop stock. The shares were bought 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 purchased 5,000 shares of Tile Shop stock. The shares were bought at an average cost of $7.00 per share, with a total value of $35,000.00.
On Friday, April 5th, Fund 1 Investments, Llc acquired 57,500 shares of Tile Shop stock. The stock was acquired at an average cost of $6.96 per share, with a total value 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, with a total value 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, with a total value of $175,250.00.
On Thursday, March 28th, Fund 1 Investments, Llc acquired 198,993 shares of Tile Shop stock. The stock was acquired at an average cost of $7.03 per share, with a total value of $1,398,920.79.
On Tuesday, March 26th, Fund 1 Investments, Llc purchased 20,000 shares of Tile Shop stock. The shares were acquired at an average cost of $6.96 per share, for a total transaction of $139,200.00.
On Friday, March 22nd, Fund 1 Investments, Llc purchased 37,500 shares of Tile Shop stock. The shares were acquired 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 purchased 24,000 shares of Tile Shop stock. The shares were acquired at an average cost of $6.89 per share, for a total transaction of $165,360.00.

Tile Shop Stock Down 1.2 %

Shares of TTSH traded down $0.08 during trading hours on Wednesday, reaching $6.65. 104,821 shares of the company traded hands, compared to its average volume of 129,542. The stock has a market capitalization of $296.00 million, a P/E ratio of 28.91 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 moving average price of $6.78 and a 200-day moving average price of $6.45.

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TTSH. Shay Capital LLC raised its position in shares of Tile Shop by 1,023.7% during the 4th quarter. Shay Capital LLC now owns 882,304 shares of the company’s stock worth $3,864,000 after purchasing an additional 803,786 shares during the last quarter. Fund 1 Investments LLC raised its holdings in Tile Shop by 13.9% in the 4th quarter. Fund 1 Investments LLC now owns 5,100,446 shares of the company’s stock valued at $37,539,000 after acquiring an additional 620,899 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Tile Shop by 157.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 617,513 shares of the company’s stock valued at $2,705,000 after acquiring an additional 377,320 shares during the last quarter. Northern Trust Corp raised its holdings in Tile Shop by 366.4% in the 2nd quarter. Northern Trust Corp now owns 299,101 shares of the company’s stock valued at $919,000 after acquiring an additional 234,975 shares during the last quarter. Finally, State Street Corp increased its holdings in shares of Tile Shop by 183.8% during the 2nd quarter. State Street Corp now owns 361,283 shares of the company’s stock worth $1,109,000 after buying an additional 234,002 shares during the last quarter. Institutional investors and hedge funds own 36.66% of the company’s stock.

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.