How are energy investors positioned?
In a recent series of transactions, Pleasant Lake Partners LLC, PLP Funds Master Fund LP, and Fund 1 Investments, LLC—a group of entities with significant ownership stakes—acquired a substantial amount of common stock in Tile Shop Holdings, Inc. (NASDAQ:TTSH). The purchases, which occurred over three consecutive days, totaled $532,021. The shares were bought at prices ranging from $7.5995 to $7.6879 each, near the stock’s 52-week high of $7.75. The company, currently valued at $343 million, has demonstrated strong momentum with a 26% price return over the past six months.
The acquisitions were made by these entities, which are collectively managed by Fund 1 Investments, LLC, with Benjamin C. Cable signing off as the Chief Operating Officer. Following these transactions, the group now holds a total of 11,151,060 shares, reflecting their continued interest in the company. According to InvestingPro data, TTSH maintains impressive gross profit margins of 66% and strong liquidity with a current ratio of 1.52.
The transactions are part of routine disclosures required by the Securities and Exchange Commission, providing transparency to investors about the trading activities of significant stakeholders in publicly traded companies. For deeper insights into TTSH’s valuation and 12 additional exclusive ProTips, check out the comprehensive research report available on InvestingPro.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.