Today’s Stock On Watch: Does Tile Shop Hldgs, Inc. Have Any Gas After Today’s Significant Increase?

Today's Stock On Watch: Does Tile Shop Hldgs, Inc. Have Any Gas After Today's Significant Increase?

The stock of Tile Shop Hldgs, Inc. (NASDAQ:TTS) is a huge mover today! About 771,107 shares traded hands or 19.19% up from the average. Tile Shop Hldgs, Inc. (NASDAQ:TTS) has risen 22.26% since March 15, 2016 and is uptrending. It has outperformed by 16.78% the S&P500.
The move comes after 7 months positive chart setup for the $862.91M company. It was reported on Oct, 18 by Barchart.com. We have $28.67 PT which if reached, will make NASDAQ:TTS worth $517.75 million more.

Tile Shop Hldgs, Inc. (NASDAQ:TTS) Ratings Coverage

Out of 4 analysts covering Tile Shop Hldgs (NASDAQ:TTS), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. Tile Shop Hldgs has been the topic of 7 analyst reports since August 22, 2015 according to StockzIntelligence Inc. The rating was initiated by Northland Capital with “Outperform” on Wednesday, April 6. The stock has “Neutral” rating given by Citigroup on Tuesday, August 23. Zacks upgraded Tile Shop Hldgs, Inc. (NASDAQ:TTS) on Tuesday, September 22 to “Hold” rating. The firm has “Overweight” rating given on Thursday, September 3 by Piper Jaffray. Zacks downgraded the stock to “Sell” rating in Thursday, September 3 report. The stock has “Sell” rating given by Zacks on Saturday, August 22. The stock has “Neutral” rating given by Citigroup on Tuesday, July 19.

According to Zacks Investment Research, “Tile Shop Holdings, Inc. is the parent company of The Tile Shop. The Tile Shop is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. It offers floor, wall, natural stone, ceramic, porcelain, glass, and metal tile products; tile patterns; basins; fixtures; listellos/borders; and profiles. Tile Shop Holdings, Inc. is based in Plymouth, Minnesota.”

Insitutional Activity: The institutional sentiment increased to 1.7 in Q2 2016. Its up 0.64, from 1.06 in 2016Q1. The ratio improved, as 16 funds sold all Tile Shop Hldgs, Inc. shares owned while 34 reduced positions. 34 funds bought stakes while 51 increased positions. They now own 32.87 million shares or 2.08% more from 32.20 million shares in 2016Q1.
Great West Life Assurance Can accumulated 1,909 shares or 0% of the stock. Walleye Trading Limited Liability Corporation last reported 3,821 shares in the company. Cadence Management Ltd holds 0.04% of its portfolio in Tile Shop Hldgs, Inc. (NASDAQ:TTS) for 29,090 shares. Robeco Institutional Asset Management Bv reported 83,633 shares or 0.01% of all its holdings. Navellier & Associates accumulated 22,407 shares or 0.07% of the stock. The New York-based Teachers Advsr Inc has invested 0% in Tile Shop Hldgs, Inc. (NASDAQ:TTS). Victory reported 6,475 shares or 0% of all its holdings. Eam Limited holds 0.42% or 140,876 shares in its portfolio. Sentinel Asset Mngmt has 0.31% invested in the company for 653,554 shares. Old Mutual Global (Uk) Limited last reported 8,644 shares in the company. The Ontario – Canada-based Retail Bank Of Montreal Can has invested 0% in Tile Shop Hldgs, Inc. (NASDAQ:TTS). Zurcher Kantonalbank (Zurich Cantonalbank) reported 724 shares or 0% of all its holdings. Dimensional Fund Advisors Limited Partnership last reported 0% of its portfolio in the stock. Thompson Davis Inc has 0.08% invested in the company for 2,500 shares. Fifth Third Bank holds 0% or 2,614 shares in its portfolio.

Insider Transactions: Since April 20, 2016, the stock had 1 buy, and 9 insider sales for $3.83 million net activity. Homeister Chris also sold $95,523 worth of Tile Shop Hldgs, Inc. (NASDAQ:TTS) shares. Another trade for 6,000 shares valued at $110,904 was sold by RANDAZZO CARL. The insider KRASNOW TODD sold $256,151. $524,700 worth of Tile Shop Hldgs, Inc. (NASDAQ:TTS) was sold by Watts William E. On Friday, July 1 RUCKER ROBERT A sold $990,500 worth of the stock or 50,000 shares. 4,920 Tile Shop Hldgs, Inc. (NASDAQ:TTS) shares with value of $83,512 were bought by LIVINGSTON PHILIP B.

More notable recent Tile Shop Hldgs, Inc. (NASDAQ:TTS) news were published by: Fool.com which released: “Tile Shop Hldgs, Inc. Delivers Double-Digit Growth Again, but Is There a …” on July 19, 2016, also Fool.com with their article: “Tile Shop Holdings, Inc. Delivers a Solid First Year Under New CEO” published on February 17, 2016, Globenewswire.com published: “Lawsuit for Investors in shares of Tile Shop Hldgs, Inc. (NASDAQ:TTS) against …” on September 26, 2016. More interesting news about Tile Shop Hldgs, Inc. (NASDAQ:TTS) were released by: Fool.com and their article: “Tile Shop Hldgs, Inc. Continues Delivering Big Sales, Profit Growth” published on April 23, 2016 as well as Fool.com‘s news article titled: “Why Tile Shop Holdings, Inc. Stock Popped Today” with publication date: April 19, 2016.

TTS Company Profile

Tile Shop Holdings, Inc., incorporated on June 21, 2012, is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. The Company’s product portfolio includes over 4,000 products from around the world that consists of ceramic, porcelain, glass and metal tiles. The Company’s natural stone products include marble, granite, quartz, sandstone, travertine, slate and onyx tiles. The Company’s tile products are sold under its Rush River and Fired Earth brands. The Firm makes its own setting and maintenance materials, such as thinset, grout and sealers, under its Superior brand name. The Firm also sells its products on its Website.

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