Insider Buying: Tile Shop Holdings, Inc. (NASDAQ:TTSH) Major Shareholder Acquires 5,500 Shares of Stock

From MarketBeat:

Tile Shop Holdings, Inc. major shareholder Fund 1 Investments, Llc acquired 5,500 shares in a recent transaction, at an average price of $7.27 with a total value of $39,985.00. Post-acquisition, the insider now directly holds 5,105,946 shares in the company, valued at about $37,120,227.42. The transaction was disclosed with the SEC and can be accessed through this link.

Fund 1 Investments, Llc also made several recent trades of Tile Shop stock, buying a total of 123,210 shares between November 15th and December 18th. Tile Shop stock traded down $0.09 during Tuesday’s trading at $7.27.

Tile Shop Holdings, Inc.’s 12-month low has been $4.07 and a 12-month high of $7.67. The stock has a 50-day moving average of $6.33 and a 200 day moving average of $5.89. The company’s market cap is $323.73 million, and has a price-to-earnings ratio of 29.08 and a beta of 1.48. Additionally, Tile Shop had a return on equity of 9.56% and a net profit margin of 2.86%.

Several institutional investors made moves with Tile Shop stock, with institutional investors and hedge funds now owning 35.08% of the company’s stock. On Wall Street, TheStreet downgraded Tile Shop from a “b-” rating to a “c” rating on November 2nd.

Lastly, Tile Shop Holdings, Inc. operates as a specialty retailer of natural stone and man-made tiles in the United States, and received a “hold” rating among analysts. Though MarketBeat has identified five stocks that top analysts recommend to their clients, and Tile Shop isn’t on the list.



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