Daniel R. Lee Sells 2,388 Shares of Full House Resorts, Inc. (NASDAQ:FLL) Stock

Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee sold 2,388 shares of the stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of $4.99, for a total value of $11,916.12. Following the completion of the sale, the chief executive officer now directly owns 1,588,880 shares of the company’s stock, valued at approximately $7,928,511.20. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Full House Resorts Stock Performance

Full House Resorts stock traded down $0.03 during mid-day trading on Monday, hitting $5.00. 66,231 shares of the company’s stock traded hands, compared to its average volume of 93,979. The firm has a 50 day simple moving average of $4.98 and a two-hundred day simple moving average of $5.06. Full House Resorts, Inc. has a fifty-two week low of $3.40 and a fifty-two week high of $5.98. The stock has a market cap of $173.19 million, a price-to-earnings ratio of -6.97 and a beta of 2.00. The company has a debt-to-equity ratio of 7.88, a current ratio of 0.81 and a quick ratio of 0.78.

Full House Resorts (NASDAQ:FLL) last posted its quarterly earnings data on Tuesday, August 6th. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $73.49 million for the quarter, compared to the consensus estimate of $79.10 million. During the same quarter in the previous year, the business earned ($0.16) EPS. On average, research analysts expect that Full House Resorts, Inc. will post -0.74 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC bought a new position in shares of Full House Resorts in the third quarter worth $54,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Full House Resorts in the second quarter worth $50,000. Aristeia Capital L.L.C. bought a new position in Full House Resorts in the second quarter valued at about $140,000. Gabelli Funds LLC grew its position in Full House Resorts by 0.3% in the second quarter. Gabelli Funds LLC now owns 600,000 shares of the company’s stock valued at $3,000,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Full House Resorts by 9.4% in the second quarter. Dimensional Fund Advisors LP now owns 230,017 shares of the company’s stock valued at $1,150,000 after acquiring an additional 19,802 shares during the last quarter. Institutional investors own 37.68% of the company’s stock.

Wall Street Analysts Forecast Growth

FLL has been the subject of several recent analyst reports. Craig Hallum raised Full House Resorts to a “strong-buy” rating in a report on Wednesday, September 4th. JMP Securities raised their price target on Full House Resorts from $6.00 to $7.00 and gave the company a “market outperform” rating in a report on Wednesday, July 17th. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Full House Resorts has an average rating of “Moderate Buy” and an average target price of $7.33.

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.