Insider Buying: Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Purchases 7,500 Shares of Stock

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Tile Shop Holdings, Inc. (NASDAQ:TTSH - Get Free Report) major shareholder Fund 1 Investments, Llc purchased 7,500 shares of the firm's stock in a transaction on Wednesday, April 10th. The stock was bought at an average price of $6.84 per share, for a total transaction of $51,300.00. Following the purchase, the insider now owns 5,817,108 shares in the company, valued at $39,789,018.72. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.

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

On Monday, April 8th, Fund 1 Investments, Llc purchased 5,000 shares of Tile Shop stock. The stock was bought at an average price 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 stock was bought at an average price of $6.96 per share, for a total transaction of $400,200.00.
On Wednesday, April 3rd, Fund 1 Investments, Llc purchased 50,000 shares of Tile Shop stock. The stock was bought at an average price of $6.98 per share, for a total transaction of $349,000.00.
On Monday, April 1st, Fund 1 Investments, Llc purchased 25,000 shares of Tile Shop stock. The stock was bought at an average price of $7.01 per share, for a total transaction of $175,250.00.
On Thursday, March 28th, Fund 1 Investments, Llc purchased 198,993 shares of Tile Shop stock. The stock was bought 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 stock was acquired 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 bought 37,500 shares of Tile Shop stock. The stock was acquired 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 bought 24,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.89 per share, for a total transaction of $165,360.00.
On Monday, March 18th, Fund 1 Investments, Llc bought 279,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.51 per share, for a total transaction of $1,816,290.00.
On Thursday, March 14th, Fund 1 Investments, Llc bought 10,000 shares of Tile Shop stock. The stock was acquired at an average price of $6.55 per share, for a total transaction of $65,500.00.

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Tile Shop Price Performance

Shares of Tile Shop stock traded up $0.04 during trading hours on Friday, reaching $6.93. The company's stock had a trading volume of 83,335 shares, compared to its average volume of 130,926. The firm has a 50 day moving average price of $6.76 and a 200-day moving average price of $6.42. Tile Shop Holdings, Inc. has a one year low of $4.07 and a one year high of $7.67. The stock has a market cap of $308.46 million, a P/E ratio of 30.13 and a beta of 1.39.

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

Hedge Funds Weigh In On Tile Shop

Hedge funds have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in Tile Shop during the 3rd quarter valued at about $25,000. Teachers Retirement System of The State of Kentucky bought a new position in Tile Shop during the 3rd quarter valued at about $33,000. Prudential Financial Inc. bought a new position in Tile Shop during the 2nd quarter valued at about $35,000. Gladius Capital Management LP bought a new position in Tile Shop during the 4th quarter valued at about $38,000. Finally, Virtu Financial LLC bought a new position in Tile Shop in the 2nd quarter worth about $39,000. 36.66% of the stock is currently owned by 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.

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