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Summary

  • Three insiders purchased the stock within one month.
  • The stock was sold by no insiders in the month of intensive purchasing.
  • Two of these three insiders increased their holdings by more than 10%.

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.

(click to enlarge)

Insider buying during the last 30 days

Here is a table of Tile Shop's insider activity during the last 30 days.

NameTitleTrade DateShares PurchasedCurrent OwnershipIncrease In Shares
Peter KaminDirectorFeb 28 -March 395,600582,957 shares+19.6%
Peter JaculloDirectorFeb 24-2836,00039,832 shares+939.5%
Todd KrasnowDirectorFeb 2515,000171,686 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.

MonthInsider buying / sharesInsider selling / shares
March 201414,6000
February 2014132,0000
January 201400
December 201300
November 201300
October 201300
September 201300
August 20130209,184
July 201300
June 201304,452,656
May 20130459,683
April 20130675,657
March 20130439,665
February 201300
January 201300

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.

Financials

Tile Shop reported the full-year 2013 financial results on February 20 with the following highlights:

Revenue$229.6 million
Net loss$35.7 million
Cash$1.8 million
Debt$96.4 million

The insiders purchased their shares after this report.

Outlook

Tile Shop's 2014 guidance is as follows:

Revenue$285-$295 million
EPS$0.43-$0.47

Competition

Tile Shop's competitors include Home Depot (NYSE:HD), and Lowe's (NYSE:LOW). Here is a table comparing these companies.

CompanyTTSHDLOW
Market Cap:872.94M114.44B52.00B
Employees:N/A300,000250,000
Qtrly Rev Growth (yoy):0.25-0.030.06
Revenue:229.56M78.81B53.42B
Gross Margin:0.700.350.35
EBITDA:46.62M10.92B5.71B
Operating Margin:0.140.120.08
Net Income:-35.66M5.38B2.27B
EPS:-0.723.762.14
P/E:N/A22.0223.58
PEG (5 yr expected):1.551.131.17
P/S:3.751.450.98

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.

CompanyInsider buying / sharesInsider selling / shares
HD10,313127,272
LOW0196,262

Only Tile Shop has seen intensive insider buying during the last 30 days.

Conclusion

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.

Source: Tile Shop: 3 Different Insiders Have Purchased Shares During The Last 30 Days