Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee Sells 13,002 Shares

Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee sold 13,002 shares of the stock in a transaction on Monday, October 14th. The shares were sold at an average price of $4.96, for a total value of $64,489.92. Following the completion of the sale, the chief executive officer now owns 1,588,880 shares in the company, valued at approximately $7,880,844.80. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Full House Resorts Stock Performance

NASDAQ:FLL remained flat at $5.00 during mid-day trading on Wednesday. 83,210 shares of the company were exchanged, compared to its average volume of 94,292. Full House Resorts, Inc. has a 1-year low of $3.40 and a 1-year high of $5.98. The company has a quick ratio of 0.78, a current ratio of 0.81 and a debt-to-equity ratio of 7.88. The business’s 50 day moving average is $4.98 and its two-hundred day moving average is $5.07. The stock has a market capitalization of $173.01 million, a price-to-earnings ratio of -6.94 and a beta of 2.00.

Full House Resorts (NASDAQ:FLL) last issued its quarterly earnings results on Tuesday, August 6th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.11). Full House Resorts had a negative return on equity of 37.79% and a negative net margin of 10.11%. The company had revenue of $73.49 million for the quarter, compared to analyst estimates of $79.10 million. During the same period in the prior year, the company earned ($0.16) EPS. As a group, equities research analysts forecast that Full House Resorts, Inc. will post -0.74 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on FLL. Craig Hallum raised shares of Full House Resorts to a “strong-buy” rating in a research report on Wednesday, September 4th. JMP Securities raised their price objective on shares of Full House Resorts from $6.00 to $7.00 and gave the stock a “market outperform” rating in a research report on Wednesday, July 17th. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $7.33.

Hedge Funds Weigh In On Full House Resorts

A number of institutional investors have recently modified their holdings of the business. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Full House Resorts in the 2nd quarter valued at approximately $50,000. SG Americas Securities LLC acquired a new stake in Full House Resorts in the third quarter valued at approximately $54,000. Price T Rowe Associates Inc. MD acquired a new stake in Full House Resorts in the first quarter valued at approximately $57,000. Aristeia Capital L.L.C. bought a new position in shares of Full House Resorts in the 2nd quarter valued at $140,000. Finally, Panagora Asset Management Inc. boosted its holdings in shares of Full House Resorts by 107.6% during the 2nd quarter. Panagora Asset Management Inc. now owns 36,855 shares of the company’s stock valued at $184,000 after acquiring an additional 19,101 shares in the last quarter. Institutional investors and hedge funds own 37.68% of the company’s stock.

Full House Resorts Company Profile

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.