Tile Shop Holdings (NASDAQ:TTS) operates as a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States.
Insider buying during the last 30 days
Here is a table of Tile Shop's insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Purchased||Current Ownership||Increase In Shares|
|Peter Kamin||Director||Feb 28 -March 3||95,600||582,957 shares||+19.6%|
|Peter Jacullo||Director||Feb 24-28||36,000||39,832 shares||+939.5%|
|Todd Krasnow||Director||Feb 25||15,000||171,686 shares||+9.6%|
There have been 146,600 shares purchased by insiders during the last 30 days.
Insider buying by calendar month
Here is a table of Tile Shop's insider activity by calendar month.
|Month||Insider buying / shares||Insider selling / shares|
There have been 146,600 shares purchased, and there have been 6,236,845 shares sold by insiders since January 2013. The month of February 2014 has seen the most insider buying.
Tile Shop reported the full-year 2013 financial results on February 20 with the following highlights:
|Net loss||$35.7 million|
The insiders purchased their shares after this report.
Tile Shop's 2014 guidance is as follows:
|Qtrly Rev Growth (yoy):||0.25||-0.03||0.06|
|PEG (5 yr expected):||1.55||1.13||1.17|
Tile Shop has the fastest revenue growth among these three companies.
Here is a table of these competitors' insider activities during the last six months.
|Company||Insider buying / shares||Insider selling / shares|
Only Tile Shop has seen intensive insider buying during the last 30 days.
There have been three different insiders buying Tile Shop, and there have not been any insiders selling Tile Shop during the last 30 days. Two of these three insiders increased their holdings by more than 10%. Tile Shop has an insider ownership of 52.39%.
The insiders purchased their shares at prices ranging from $15.43 to $15.56. I believe Tile Shop could be a good pick below $15.56 based on the intensive insider buying.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in TTS over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.