Tile Shop Holdings, Inc. (NASDAQ:TTS) Director Todd Krasnow bought 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The shares were bought at an average price of $9.01 per share, with a total value of $90,100.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Tile Shop Holdings, Inc. (TTS) opened at $9.75 on Wednesday. Tile Shop Holdings, Inc. has a fifty-two week low of $8.08 and a fifty-two week high of $22.40. The company has a current ratio of 1.55, a quick ratio of 0.39 and a debt-to-equity ratio of 0.04. The company has a market cap of $477.25, a PE ratio of 21.28, a price-to-earnings-growth ratio of 0.90 and a beta of 1.73.

Tile Shop (NASDAQ:TTS) last issued its quarterly earnings data on Tuesday, October 17th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. Tile Shop had a net margin of 5.38% and a return on equity of 15.40%. The firm had revenue of $84.40 million for the quarter, compared to analyst estimates of $84.05 million. During the same quarter in the prior year, the firm earned $0.10 EPS. The company’s revenue was up 7.4% on a year-over-year basis. equities analysts forecast that Tile Shop Holdings, Inc. will post 0.41 earnings per share for the current year.

A number of brokerages have recently issued reports on TTS. Stifel Nicolaus dropped their price objective on shares of Tile Shop from $15.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 4th. CJS Securities cut shares of Tile Shop from an “outperform” rating to a “market perform” rating and set a $10.00 price objective for the company. in a research note on Tuesday, October 3rd. Loop Capital dropped their price objective on shares of Tile Shop from $12.00 to $9.00 and set a “hold” rating for the company in a research note on Friday, October 13th. Zacks Investment Research upgraded shares of Tile Shop from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. Finally, Citigroup dropped their target price on shares of Tile Shop from $17.00 to $11.00 and set a “neutral” rating for the company in a research report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. Tile Shop presently has an average rating of “Hold” and a consensus price target of $8.92.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Schwab Charles Investment Management Inc. raised its position in shares of Tile Shop by 5.0% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 121,055 shares of the company’s stock valued at $2,331,000 after acquiring an additional 5,814 shares during the period. State Street Corp raised its position in shares of Tile Shop by 6.7% in the 1st quarter. State Street Corp now owns 749,255 shares of the company’s stock valued at $14,422,000 after acquiring an additional 47,340 shares during the period. Bank of Montreal Can raised its position in shares of Tile Shop by 7.7% in the 2nd quarter. Bank of Montreal Can now owns 5,814 shares of the company’s stock valued at $120,000 after acquiring an additional 416 shares during the period. Russell Investments Group Ltd. raised its position in shares of Tile Shop by 21.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 24,443 shares of the company’s stock valued at $504,000 after acquiring an additional 4,323 shares during the period. Finally, Municipal Employees Retirement System of Michigan raised its position in shares of Tile Shop by 3.5% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,780 shares of the company’s stock valued at $161,000 after acquiring an additional 260 shares during the period. 66.77% of the stock is currently owned by institutional investors.

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About Tile Shop

Tile Shop Holdings, Inc operates as a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. It offers approximately 4,000 products, including ceramic, porcelain, glass, cement, wood look, and metal tiles; and marble, granite, quartz, sandstone, travertine, slate, and onyx tiles primarily under the Rush River and Fired Earth brand names.

Insider Buying and Selling by Quarter for Tile Shop (NASDAQ:TTS)

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