Tile Shop Hldgs, Inc. (NASDAQ:TTS) CFO Kirk Geadelmann purchased 5,000 shares of the company’s stock in a transaction dated Friday, October 20th. The stock was purchased at an average price of $8.75 per share, for a total transaction of $43,750.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Kirk Geadelmann also recently made the following trade(s):

  • On Monday, October 23rd, Kirk Geadelmann acquired 5,000 shares of Tile Shop Hldgs stock. The stock was bought at an average price of $9.25 per share, with a total value of $46,250.00.

Tile Shop Hldgs, Inc. (NASDAQ:TTS) traded down 4.76% during mid-day trading on Tuesday, hitting $9.00. 1,115,267 shares of the stock traded hands. Tile Shop Hldgs, Inc. has a 1-year low of $8.20 and a 1-year high of $22.40. The firm has a market capitalization of $468.64 million, a P/E ratio of 25.21 and a beta of 1.80. The company has a 50-day moving average of $12.11 and a 200 day moving average of $16.88.

Tile Shop Hldgs (NASDAQ:TTS) last announced its quarterly earnings results on Tuesday, October 17th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. The company had revenue of $84.40 million during the quarter, compared to analyst estimates of $84.05 million. Tile Shop Hldgs had a return on equity of 15.40% and a net margin of 5.38%. The firm’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.10 earnings per share. On average, equities research analysts anticipate that Tile Shop Hldgs, Inc. will post $0.43 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 14th. Shareholders of record on Tuesday, October 31st will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 2.12%. The ex-dividend date is Monday, October 30th. Tile Shop Hldgs’s dividend payout ratio is currently 55.56%.

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Several research firms have recently weighed in on TTS. Telsey Advisory Group reiterated a “market perform” rating and issued a $17.00 price objective (down previously from $21.00) on shares of Tile Shop Hldgs in a research note on Wednesday, July 19th. Loop Capital began coverage on shares of Tile Shop Hldgs in a research note on Wednesday, July 19th. They issued a “hold” rating and a $15.00 price objective for the company. BidaskClub lowered shares of Tile Shop Hldgs from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Zacks Investment Research lowered shares of Tile Shop Hldgs from a “hold” rating to a “sell” rating in a research note on Wednesday, August 23rd. Finally, Citigroup Inc. lowered their price objective on shares of Tile Shop Hldgs from $22.00 to $17.00 and set a “neutral” rating for the company in a research note on Wednesday, July 19th. Three research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $8.92.

A number of institutional investors have recently made changes to their positions in the business. Louisiana State Employees Retirement System lifted its position in Tile Shop Hldgs by 0.7% during the second quarter. Louisiana State Employees Retirement System now owns 13,500 shares of the company’s stock valued at $279,000 after buying an additional 100 shares during the period. PNC Financial Services Group Inc. lifted its position in Tile Shop Hldgs by 1.4% during the first quarter. PNC Financial Services Group Inc. now owns 9,692 shares of the company’s stock valued at $186,000 after buying an additional 134 shares during the period. Arizona State Retirement System lifted its position in Tile Shop Hldgs by 1.2% during the first quarter. Arizona State Retirement System now owns 17,200 shares of the company’s stock valued at $331,000 after buying an additional 200 shares during the period. Texas Permanent School Fund lifted its position in Tile Shop Hldgs by 1.1% during the second quarter. Texas Permanent School Fund now owns 24,129 shares of the company’s stock valued at $498,000 after buying an additional 257 shares during the period. Finally, Municipal Employees Retirement System of Michigan lifted its position in Tile Shop Hldgs by 3.5% during the second quarter. Municipal Employees Retirement System of Michigan now owns 7,780 shares of the company’s stock valued at $161,000 after buying an additional 260 shares during the period. 68.33% of the stock is owned by institutional investors and hedge funds.

About Tile Shop Hldgs

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 Hldgs (NASDAQ:TTS)

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