Tile shop holdings sees $146,333 in stock purchases by fund 1 investments

Published 14/05/2025, 00:58
Tile shop holdings sees $146,333 in stock purchases by fund 1 investments

Fund 1 Investments, LLC, a significant shareholder in Tile Shop Holdings, Inc. (NASDAQ:TTSH), recently reported a series of stock acquisitions. According to the latest SEC filing, the fund acquired a total of 28,178 shares of common stock over several transactions, with purchase prices ranging from $5.0999 to $5.329 per share, notably below the current trading price of $6.26. The total value of these transactions amounts to $146,333. The company, currently valued at $280.46M, has demonstrated impressive gross profit margins of 65.71%.

The acquisitions took place on May 6th and May 8th, 2025, and were made through indirect ownership channels, as noted in the filing. Following these transactions, the fund’s total holdings in Tile Shop Holdings increased to 11,814,928 shares. The stock has shown significant momentum, posting a 17.67% return over the past week, though InvestingPro analysis suggests the stock may be trading above its Fair Value.

These purchases reflect Fund 1 Investments’ ongoing interest in Tile Shop Holdings, as the company continues to navigate its market strategies. Investors may view these transactions as a sign of confidence in the company’s future prospects. InvestingPro has identified 8 additional key investment tips for TTSH, available to subscribers along with comprehensive valuation metrics and financial health scores.

In other recent news, Tile Shop Holdings reported its first-quarter 2025 financial results, revealing a mixed performance. The company experienced a 4% decrease in comparable store sales, attributed to reduced store traffic, but managed to improve its gross margin by 20 basis points to 66%. Tile Shop Holdings generated $88.01 million in revenue and achieved an operating cash flow of $10 million, raising its cash reserves to $27.1 million. The company expanded its product offerings, introducing new luxury vinyl tile and engineered hardwood collections, which contributed to an increase in tile volume sales. Additionally, the closure and subleasing of a New Jersey distribution center resulted in a $2 million income boost. Analysts have not publicly provided any recent upgrades or downgrades for the company. Tile Shop Holdings continues to focus on enhancing customer experience and managing expenses amid market volatility and tariff uncertainties. The company’s future revenue forecasts for fiscal years 2025 and 2026 are projected at $347.07 million.

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