Full House Resorts, Inc. (NASDAQ:FLL) CFO Sells $19,318.56 in Stock

Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger sold 3,856 shares of Full House Resorts stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $5.01, for a total value of $19,318.56. Following the completion of the transaction, the chief financial officer now owns 254,658 shares in the company, valued at $1,275,836.58. This trade represents a 1.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Full House Resorts Stock Up 1.0 %

Shares of FLL traded up $0.05 during midday trading on Monday, hitting $4.91. The stock had a trading volume of 162,454 shares, compared to its average volume of 99,273. The company has a 50 day simple moving average of $4.96 and a two-hundred day simple moving average of $5.03. Full House Resorts, Inc. has a twelve month low of $4.42 and a twelve month high of $5.98. The firm has a market cap of $174.80 million, a price-to-earnings ratio of -4.16 and a beta of 1.99. The company has a debt-to-equity ratio of 9.04, a current ratio of 0.87 and a quick ratio of 0.83.

Wall Street Analyst Weigh In

Several analysts have commented on FLL shares. JMP Securities lowered their target price on shares of Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating for the company in a research note on Thursday, November 7th. Craig Hallum raised Full House Resorts to a “strong-buy” rating in a research report on Wednesday, September 4th. Finally, B. Riley lowered their price objective on shares of Full House Resorts from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Full House Resorts currently has a consensus rating of “Moderate Buy” and an average price target of $6.67.

Hedge Funds Weigh In On Full House Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of FLL. KG&L Capital Management LLC purchased a new stake in shares of Full House Resorts during the 3rd quarter valued at $50,000. B. Riley Wealth Advisors Inc. purchased a new position in Full House Resorts during the 2nd quarter valued at $50,000. SG Americas Securities LLC purchased a new position in shares of Full House Resorts in the 3rd quarter valued at approximately $54,000. Price T Rowe Associates Inc. MD bought a new stake in Full House Resorts in the first quarter worth $57,000. Finally, Aristeia Capital L.L.C. bought a new stake in shares of Full House Resorts during the second quarter valued at approximately $140,000. Hedge funds and other institutional investors own 37.68% of the company’s stock.

About Full House Resorts

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.