Noteworthy Insider Activity: Deborah K Glasser Invests $115K In Tile Shop Holdings Stock

It was revealed in a recent SEC filing that Deborah K Glasser, Director at Tile Shop Holdings TTSH made a noteworthy insider purchase on June 21,.

What Happened: Glasser demonstrated confidence in Tile Shop Holdings by purchasing 17,403 shares, as reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Friday. The total value of the transaction is $115,004.

The latest update on Friday morning shows Tile Shop Holdings shares up by 0.72%, trading at $7.02.

Get to Know Tile Shop Holdings Better

Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It manufactures its setting and maintenance materials, such as thinset, grout, and sealers. The company's primary market is retail sales to consumers, contractors, designers, and home builders. Natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. Man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile.

Understanding the Numbers: Tile Shop Holdings's Finances

Revenue Growth: Tile Shop Holdings's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -10.09%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.

Navigating Financial Profits:

  • Gross Margin: The company excels with a remarkable gross margin of 65.76%, indicating superior cost efficiency and profitability compared to its industry peers.

  • Earnings per Share (EPS): Tile Shop Holdings's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.04.

Debt Management: Tile Shop Holdings's debt-to-equity ratio is below the industry average at 1.15, reflecting a lower dependency on debt financing and a more conservative financial approach.

Financial Valuation Breakdown:

  • Price to Earnings (P/E) Ratio: Tile Shop Holdings's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 33.2.

  • Price to Sales (P/S) Ratio: The current P/S ratio of 0.83 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.

  • EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): With an EV/EBITDA ratio lower than industry averages at 12.36, Tile Shop Holdings could be considered undervalued.

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

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Navigating the Impact of Insider Transactions on Investments

Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.

Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.

Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.

Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.

Breaking Down the Significance of Transaction Codes

In the domain of transactions, investors frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.

Check Out The Full List Of Tile Shop Holdings's Insider Trades.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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