Tile Shop Hldgs, Inc. on Focus After Bullish Options Activity

 Tile Shop Hldgs, Inc. on Focus After Bullish Options Activity

In today’s session Tile Shop Hldgs, Inc. (TTS) registered an unusually high (223) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious TTS increase. With 223 contracts traded and 88984 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: TTS161118C00017500 closed last at: $1.9 or 15.2% up. About 106,912 shares traded hands. Tile Shop Hldgs, Inc. (NASDAQ:TTS) has risen 20.38% since April 18, 2016 and is uptrending. It has outperformed by 15.95% the S&P500.

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 firm has “Hold” rating by Zacks given on Tuesday, September 22. The stock of Tile Shop Hldgs, Inc. (NASDAQ:TTS) has “Overweight” rating given on Thursday, September 3 by Piper Jaffray. Citigroup maintained the shares of TTS in a report on Tuesday, August 23 with “Neutral” rating. The stock of Tile Shop Hldgs, Inc. (NASDAQ:TTS) has “Outperform” rating given on Wednesday, April 6 by Northland Capital. As per Thursday, September 3, the company rating was downgraded by Zacks. Citigroup maintained the stock with “Neutral” rating in Tuesday, July 19 report. Zacks upgraded Tile Shop Hldgs, Inc. (NASDAQ:TTS) on Saturday, August 22 to “Sell” rating.

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 decreased to 1.14 in Q2 2016. Its down 0.56, from 1.7 in 2016Q1. The ratio fall, 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.
Landscape Ltd Com last reported 0.1% of its portfolio in the stock. Oxford Asset Mgmt has 0.15% invested in the company for 181,076 shares. Parkside Natl Bank And holds 0% of its portfolio in Tile Shop Hldgs, Inc. (NASDAQ:TTS) for 230 shares. Blackrock Group Ltd has invested 0% of its portfolio in Tile Shop Hldgs, Inc. (NASDAQ:TTS). Ameriprise Financial Inc has 347,697 shares for 0% of their US portfolio. California Employees Retirement Sys owns 50,900 shares or 0% of their US portfolio. Federated Invsts Incorporated Pa holds 627 shares or 0% of its portfolio. Ftb, a Tennessee-based fund reported 252 shares. Geode Capital Limited Liability Corporation owns 246,273 shares or 0% of their US portfolio. Cubist Systematic Strategies Llc last reported 100 shares in the company. The Ohio-based Strs Ohio has invested 0% in Tile Shop Hldgs, Inc. (NASDAQ:TTS). Creative Planning, a Kansas-based fund reported 4,095 shares. Victory Capital Mngmt Incorporated holds 6,475 shares or 0% of its portfolio. Emerald Advisers Pa has invested 0.59% of its portfolio in Tile Shop Hldgs, Inc. (NASDAQ:TTS). Td Asset Inc last reported 0% of its portfolio in the stock.

Insider Transactions: Since June 2, 2016, the stock had 1 insider purchase, and 8 sales for $3.73 million net activity. RANDAZZO CARL had sold 6,000 shares worth $110,904. Shares for $138,705 were sold by KRASNOW TODD on Wednesday, June 15. Another trade for 30,000 shares valued at $524,700 was made by Watts William E on Friday, August 5. LIVINGSTON PHILIP B had bought 4,920 shares worth $83,512. $990,500 worth of Tile Shop Hldgs, Inc. (NASDAQ:TTS) was sold by RUCKER ROBERT A.

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.

More notable recent Tile Shop Hldgs, Inc. (NASDAQ:TTS) news were published by: Bizjournals.com which released: “CFO of the Year: Kirk Geadelmann | Tile Shop Holdings Inc.” on November 18, 2016, also Fool.com with their article: “Tile Shop Hldgs, Inc. Delivers Double-Digit Growth Again, but Is There a …” published on July 19, 2016, Fool.com published: “Tile Shop Hldgs, Inc. Continues Driving Sales Up, Debt Down” on October 19, 2016. More interesting news about Tile Shop Hldgs, Inc. (NASDAQ:TTS) were released by: Fool.com and their article: “Tile Shop Holdings, Inc. Delivers a Solid First Year Under New CEO” published on February 17, 2016 as well as Fool.com‘s news article titled: “Tile Shop Hldgs, Inc. Continues Delivering Big Sales, Profit Growth” with publication date: April 23, 2016.

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