The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Tile Shop Hldgs Inc shares valued at $150,282 were purchased by Fund 1 Investments, LLC on Jul 02 ’24. At $6.83 per share, Fund 1 Investments, LLC acquired 22,000 shares. The insider’s holdings grew to 7,169,623 shares worth approximately $50.12 million following the completion of this transaction.
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Also, Fund 1 Investments, LLC purchased 33,029 shares, netting a total of over 226,077 in proceeds. Following the buying of shares at $6.84 each, the insider now holds 7,147,623 shares.
Before that, Fund 1 Investments, LLC had added 27,500 shares to its account. In a trade valued at $190,116, the 10% Owner bought Tile Shop Hldgs Inc shares for $6.91 each. Upon closing the transaction, the insider’s holdings increased to 27,500 shares, worth approximately $49.73 million.
As published in their initiating research note from Lake Street on November 19, 2021, Tile Shop Hldgs Inc [TTSH] has been a Buy and the price target has been revised to $12.
Analyzing TTSH Stock Performance
During the last five days, there has been a surge of approximately 2.34%. Over the course of the year, Tile Shop Hldgs Inc shares have dropped approximately -5.03%. Shares of the company reached a 52-week high of $7.39 on 01/02/24 and a 52-week low of $6.06 on 05/20/24. A 50-day SMA is recorded $6.69, while a 200-day SMA reached $6.44. Nevertheless, trading volume fell to 52124.0 shares from 99200.0 shares the previous day.
Support And Resistance Levels for Tile Shop Hldgs Inc (TTSH)
According to the 24-hour chart, there is a support level at 6.87, which, if violated, would cause prices to drop to 6.75. In the upper region, resistance lies at 7.07. The next price resistance is at 7.16. RSI (Relative Strength Index) is 59.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.04, which suggests the price will decrease in the coming days. Percent R is at 7.56%, indicating bullish price movement. Stochastics%K at holding indicates that the stock is to be held.
