Tile Shop Holdings, Inc. (NASDAQ:TTS) produced a 7.93% rally since recording the worst price of $8.2. Thanks to the latest 6.63% increase, it now trades at $8.85. Throughout the trading on Oct. 18, 2017, the share price floated between $8.25 and $8.9. This company shares are 12.2% off its target price of $9.93 and the current market capitalization stands at $459.58M. The recent change has given its price a -34.16% deficit over SMA 50 and -60.49% deficit over its 52-week high. The stock witnessed -40.6% declines, -37.46% declines and -57.35% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TTS’s volatility during a week at 5.83% and during a month it has been found around 5.35%.Tile Shop Holdings, Inc. (TTS) Top Holders
Institutional investors currently hold around $295 million or 70.1% in TTS stock. Look at its top three institutional owners. Price T Rowe Associates Inc /Md/ owns $40.3 million in Tile Shop Holdings, Inc., which represents roughly 8.77% of the company’s market cap and approximately 13.66% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 4,439,098 shares of the stock are valued at $36.85 million. The third largest holder is Vanguard Group Inc, which currently holds $24.76 million worth of this stock and that ownership represents nearly 5.39% of its market capitalization.Tile Shop Holdings, Inc. 13F Filings
At the end of June reporting period, 60 institutional holders increased their position in Tile Shop Holdings, Inc. (NASDAQ:TTS) by some 3,131,465 shares, 67 decreased positions by 3,127,057 and 15 held positions by 29,267,861. That puts total institutional holdings at 35,526,383 shares, according to SEC filings. The stock grabbed 17 new institutional investments totaling 1,461,454 shares while 14 institutional investors sold out their entire positions totaling 1,015,681 shares.
Multiple company employees have indulged in significant insider trading. Tile Shop Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Kamin Peter H has acquired 29,600 shares of Tile Shop Holdings, Inc. (TTS) in trading session dated Jul. 25, 2017. These shares are worth $402,560 and were traded at $13.6 each. The SEC filing shows that Jacullo Peter J Iii performed a purchase of 10,000 shares. The Director added these shares by way of transaction on Jul. 24, 2017. The company’s shares were assimilated at $13.9 per share worth to an investment of some $139,000 on account of Jacullo Peter J Iii.
CEO and President, Homeister Chris, purchased 9,000 common shares of Tile Shop Holdings, Inc. (TTS) in the open market. In a transaction dated Jul. 21, 2017, the shares were bought at an average price of $13.98, giving away a sum of $125,820. After this purchase, 76,258 common shares of TTS are directly owned by the insider, with total stake valued at $674,883.
In the transaction dated Jul. 21, 2017, the great number of shares acquired came courtesy the Director; Kamin Peter H added a total of 14,157 shares at an average price of $14.01, amounting to approximately $198,340. The insider now directly owns 1,482,195 shares worth $13,117,426.Tile Shop Holdings, Inc. (TTS) Analyst Guide
Several analysts have released their opinion on Tile Shop Holdings, Inc. (NASDAQ:TTS), with 0 analysts believing it is a strong buy. Whereas 6 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 1 strong sell ratings, collectively assigning a 3.29 average brokerage recommendation.