Fund 1 Investments, Llc Purchases 17,500 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) Stock

Posted by Teresa Graham on Oct 2nd, 2024

Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder Fund 1 Investments, Llc purchased 17,500 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The shares were bought at an average price of $6.55 per share, for a total transaction of $114,625.00. Following the acquisition, the insider now directly owns 7,903,136 shares in the company, valued at approximately $51,765,540.80. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Friday, September 27th, Fund 1 Investments, Llc purchased 7,000 shares of Tile Shop stock. The shares were bought at an average price of $6.61 per share, for a total transaction of $46,270.00.
On Wednesday, September 25th, Fund 1 Investments, Llc purchased 11,500 shares of Tile Shop stock. The shares were bought at an average price of $6.55 per share, for a total transaction of $75,325.00.
On Monday, September 23rd, Fund 1 Investments, Llc purchased 3,500 shares of Tile Shop stock. The shares were bought at an average price of $6.63 per share, for a total transaction of $23,205.00.
On Friday, September 20th, Fund 1 Investments, Llc purchased 27,900 shares of Tile Shop stock. The shares were bought at an average price of $6.65 per share, for a total transaction of $185,535.00.
On Wednesday, September 18th, Fund 1 Investments, Llc purchased 25,500 shares of Tile Shop stock. The shares were bought at an average price of $6.61 per share, for a total transaction of $168,555.00.
On Monday, September 16th, Fund 1 Investments, Llc purchased 2,507 shares of Tile Shop stock. The shares were bought at an average price of $6.41 per share, for a total transaction of $16,069.87.
On Wednesday, September 11th, Fund 1 Investments, Llc bought 19,302 shares of Tile Shop stock. The stock was acquired at an average price of $6.17 per share, for a total transaction of $119,093.34.
On Monday, September 9th, Fund 1 Investments, Llc bought 6,000 shares of Tile Shop stock. The stock was acquired at an average price of $5.95 per share, for a total transaction of $35,700.00.
On Thursday, September 5th, Fund 1 Investments, Llc bought 20,500 shares of Tile Shop stock. The stock was acquired at an average price of $5.88 per share, for a total transaction of $120,540.00.
On Tuesday, September 3rd, Fund 1 Investments, Llc bought 22,600 shares of Tile Shop stock. The stock was acquired at an average price of $6.08 per share, for a total transaction of $137,408.00.

Tile Shop Stock Down 1.7 %

TTSH stock opened at $6.48 on Wednesday. The business’s fifty day simple moving average is $6.34 and its two-hundred day simple moving average is $6.63. Tile Shop Holdings, Inc. has a twelve month low of $4.33 and a twelve month high of $7.67. The firm has a market cap of $288.53 million, a price-to-earnings ratio of 30.29 and a beta of 1.43.

Tile Shop (NASDAQ:TTSH – Get Free Report) last released its earnings results on Thursday, August 8th. The company reported $0.03 earnings per share for the quarter. Tile Shop had a return on equity of 4.47% and a net margin of 1.50%. The business had revenue of $91.38 million for the quarter.

Hedge Funds Weigh In On Tile Shop

Hedge funds and other institutional investors have recently made changes to their positions in the company. Russell Investments Group Ltd. bought a new position in shares of Tile Shop during the 1st quarter worth $25,000. The Manufacturers Life Insurance Company grew its position in shares of Tile Shop by 30.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,398 shares of the company’s stock worth $93,000 after buying an additional 3,145 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of Tile Shop by 80.3% during the 1st quarter. BNP Paribas Financial Markets now owns 14,478 shares of the company’s stock worth $102,000 after buying an additional 6,446 shares in the last quarter. Focus Financial Network Inc. ADV bought a new position in shares of Tile Shop during the 4th quarter worth $118,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Tile Shop during the 2nd quarter worth $157,000. Institutional investors 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.