Purkiss Capital Advisors LLC Purchases New Holdings in Tile Shop Holdings, Inc. (NASDAQ:TTSH)

Purkiss Capital Advisors LLC acquired a new position in shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 14,878 shares of the company’s stock, valued at approximately $103,000.

Several other large investors also recently added to or reduced their stakes in TTSH. Bank of New York Mellon Corp grew its holdings in shares of Tile Shop by 16.5% during the fourth quarter. Bank of New York Mellon Corp now owns 78,763 shares of the company’s stock valued at $546,000 after buying an additional 11,179 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Tile Shop during the 4th quarter worth about $86,000. JPMorgan Chase & Co. grew its stake in Tile Shop by 155.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 54,558 shares of the company’s stock valued at $360,000 after acquiring an additional 33,171 shares in the last quarter. Barclays PLC increased its holdings in shares of Tile Shop by 122.1% in the 3rd quarter. Barclays PLC now owns 52,039 shares of the company’s stock valued at $343,000 after purchasing an additional 28,608 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Tile Shop by 0.3% in the third quarter. Geode Capital Management LLC now owns 616,320 shares of the company’s stock worth $4,062,000 after purchasing an additional 1,957 shares in the last quarter. 36.66% of the stock is owned by institutional investors and hedge funds.

Tile Shop Stock Performance

TTSH stock opened at $7.57 on Friday. The firm has a 50 day simple moving average of $7.17 and a 200 day simple moving average of $6.73. Tile Shop Holdings, Inc. has a 52 week low of $5.68 and a 52 week high of $7.75. The stock has a market cap of $338.07 million, a P/E ratio of 94.64 and a beta of 1.43.

Tile Shop (NASDAQ:TTSH) last issued its earnings results on Thursday, February 27th. The company reported ($0.01) earnings per share (EPS) for the quarter. Tile Shop had a net margin of 1.02% and a return on equity of 2.94%. The company had revenue of $79.45 million for the quarter.

Tile Shop Company Profile

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.