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 Full House Resorts stock in a transaction dated 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 transaction, the chief executive officer now owns 1,588,880 shares in the company, valued at approximately $7,928,511.20. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Full House Resorts Trading Down 0.6 %

Shares of FLL stock traded down $0.03 during mid-day trading on Monday, reaching $5.00. 66,231 shares of the stock traded hands, compared to its average volume of 93,979. The stock’s fifty day simple moving average is $4.98 and its two-hundred day simple moving average is $5.06. Full House Resorts, Inc. has a 1-year low of $3.40 and a 1-year high of $5.98. The company 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 quick ratio of 0.78, a current ratio of 0.81 and a debt-to-equity ratio of 7.88.

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

Hedge Funds Weigh In On Full House Resorts

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Gabelli Funds LLC lifted its stake in shares of Full House Resorts by 0.3% in the second quarter. Gabelli Funds LLC now owns 600,000 shares of the company’s stock worth $3,000,000 after acquiring an additional 2,000 shares during the period. Rhumbline Advisers lifted its stake in Full House Resorts by 14.6% in the second quarter. Rhumbline Advisers now owns 59,333 shares of the company’s stock valued at $297,000 after buying an additional 7,551 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in Full House Resorts in the second quarter valued at approximately $50,000. Price T Rowe Associates Inc. MD acquired a new position in Full House Resorts in the first quarter valued at approximately $57,000. Finally, SG Americas Securities LLC acquired a new position in Full House Resorts in the third quarter valued at approximately $54,000. 37.68% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FLL has been the topic of a number of recent analyst reports. Craig Hallum upgraded Full House Resorts to a “strong-buy” rating in a research report on Wednesday, September 4th. JMP Securities lifted their price target on Full House Resorts from $6.00 to $7.00 and gave the company a “market outperform” rating in a research note on Wednesday, July 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Full House Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $7.33.

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.