Tile Shop Holdings, Inc. (NASDAQ:TTSH – Get Free Report) major shareholder, Fund 1 Investments, Llc, bought 13,300 shares of the company’s stock on Wednesday, August 14. The shares were purchased at an average price of $5.99 per share, for a total transaction of $79,667.00. Following the completion of the acquisition, the insider now directly owns 7,606,027 shares of the company’s stock, valued at approximately $45,560,101.73. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders who own more than 10% 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 Friday, August 16, Fund 1 Investments, Llc purchased 3,500 shares of Tile Shop stock. The shares were purchased at an average price of $6.17 per share, for a total transaction of $21,595.00.
- On Monday, August 12, Fund 1 Investments, Llc purchased 14,300 shares of Tile Shop stock. The shares were purchased at an average price of $5.93 per share, for a total transaction of $84,799.00.
- On Friday, August 9, Fund 1 Investments, Llc purchased 15,304 shares of Tile Shop stock. The shares were purchased at an average price of $6.04 per share, for a total transaction of $92,436.16.
- On Wednesday, August 7, Fund 1 Investments, Llc purchased 10,000 shares of Tile Shop. The shares were purchased at an average price of $6.00 per share, for a total transaction of $60,000.00.
- On Monday, August 5, Fund 1 Investments, Llc purchased 7,000 shares of Tile Shop stock. The shares were purchased at an average price of $6.15 per share, for a total transaction 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 transaction 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 purchased at an average price of $7.05 per share, for a total transaction of $239,700.00.
- On Thursday, July 18, Fund 1 Investments, Llc purchased 13,500 shares of Tile Shop. The shares were purchased at an average price of $7.02 per share, for a total transaction of $94,770.00.
Price development of Tile Shop shares
TTSH stock opened at $6.16 on Friday. The stock’s 50-day moving average is $6.76 and its 200-day moving average is $6.71. Tile Shop Holdings, Inc. has a 52-week low of $4.33 and a 52-week high of $7.67. The company has a market cap of $274.28 million, a P/E ratio of 29.33 and a beta of 1.43.
Institutional trading in tile shops
A number of hedge funds and other institutional investors have recently increased or reduced their holdings in TTSH. SG Americas Securities LLC increased its holdings 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 buying an additional 2,548 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Tile Shop in the 4th quarter valued at about $95,000. Gladius Capital Management LP acquired a new stake in Tile Shop in the 4th quarter valued at about $38,000. Janney Montgomery Scott LLC increased its stake in Tile Shop by 17.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 85,105 shares of the company’s stock valued at $626,000 after buying an additional 12,921 shares in the last quarter. Finally, First Eagle Investment Management LLC increased its holdings 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 valued at $2,532,000 after purchasing an additional 25,300 shares during the last quarter. 36.66% of the shares are owned by institutional investors.
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.
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