Tile Shop Hldgs, Inc. (NASDAQ:TTS) CFO Kirk Geadelmann purchased 5,000 shares of Tile Shop Hldgs stock in a transaction on Monday, October 23rd. The stock was purchased at an average price of $9.25 per share, for a total transaction of $46,250.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Friday, October 20th, Kirk Geadelmann purchased 5,000 shares of Tile Shop Hldgs stock. The stock was purchased at an average price of $8.75 per share, for a total transaction of $43,750.00.

Shares of Tile Shop Hldgs, Inc. (TTS) traded down 4.76% during trading on Tuesday, hitting $9.00. 1,115,166 shares of the stock were exchanged. The firm has a 50 day moving average price of $12.11 and a 200 day moving average price of $16.88. The firm has a market capitalization of $468.64 million, a P/E ratio of 25.21 and a beta of 1.80. Tile Shop Hldgs, Inc. has a 52 week low of $8.20 and a 52 week high of $22.40.

Tile Shop Hldgs (NASDAQ:TTS) last posted its quarterly earnings results on Tuesday, October 17th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. Tile Shop Hldgs had a net margin of 5.38% and a return on equity of 15.40%. The company had revenue of $84.40 million for the quarter, compared to the consensus estimate of $84.05 million. During the same period last year, the company posted $0.10 EPS. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. Analysts forecast that Tile Shop Hldgs, Inc. will post $0.43 EPS for the current fiscal year.

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

TRADEMARK VIOLATION NOTICE: This article was first reported by American Banking News and is owned by of American Banking News. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and international copyright law. The legal version of this article can be read at https://www.americanbankingnews.com/2017/10/24/kirk-geadelmann-acquires-5000-shares-of-tile-shop-hldgs-inc-tts-stock.html.

A number of large investors have recently bought and sold shares of TTS. Swiss National Bank boosted its position in Tile Shop Hldgs by 4.0% during the 1st quarter. Swiss National Bank now owns 55,200 shares of the company’s stock worth $1,063,000 after buying an additional 2,100 shares during the period. Ameriprise Financial Inc. boosted its position in Tile Shop Hldgs by 4.6% during the 1st quarter. Ameriprise Financial Inc. now owns 171,686 shares of the company’s stock worth $3,306,000 after buying an additional 7,516 shares during the period. Mason Street Advisors LLC boosted its position in Tile Shop Hldgs by 6.8% during the 1st quarter. Mason Street Advisors LLC now owns 7,710 shares of the company’s stock worth $148,000 after buying an additional 494 shares during the period. Prudential Financial Inc. boosted its position in Tile Shop Hldgs by 7.9% during the 1st quarter. Prudential Financial Inc. now owns 60,470 shares of the company’s stock worth $1,164,000 after buying an additional 4,450 shares during the period. Finally, SG Americas Securities LLC boosted its position in Tile Shop Hldgs by 86.6% during the 1st quarter. SG Americas Securities LLC now owns 19,969 shares of the company’s stock worth $384,000 after buying an additional 9,268 shares during the period. Institutional investors and hedge funds own 68.33% of the company’s stock.

A number of equities analysts have recently issued reports on TTS shares. Citigroup Inc. reduced their target price on shares of Tile Shop Hldgs from $11.00 to $9.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 18th. BidaskClub upgraded shares of Tile Shop Hldgs from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Zacks Investment Research upgraded shares of Tile Shop Hldgs from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. Piper Jaffray Companies reiterated a “neutral” rating and set a $8.50 target price (down from $14.00) on shares of Tile Shop Hldgs in a research report on Tuesday, October 3rd. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $15.00 target price (down from $18.00) on shares of Tile Shop Hldgs in a research report on Friday, July 21st. Three investment analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. Tile Shop Hldgs presently has a consensus rating of “Hold” and a consensus target price of $8.92.

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)

Receive News & Ratings for Tile Shop Hldgs Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tile Shop Hldgs Inc. and related companies with MarketBeat.com's FREE daily email newsletter.