Lewis A. Fanger Sells 37,738 Shares of Full House Resorts, Inc. (NASDAQ:FLL) Stock

Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger sold 37,738 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $5.05, for a total value of $190,576.90. Following the transaction, the chief financial officer now directly owns 254,658 shares of the company’s stock, valued at $1,286,022.90. The trade was a 12.91 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Full House Resorts Stock Performance

Full House Resorts stock traded up $0.05 during mid-day trading on Monday, reaching $4.91. 162,454 shares of the company were exchanged, compared to its average volume of 99,273. The firm’s 50-day simple moving average is $4.96 and its two-hundred day simple moving average is $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 PE ratio of -4.20 and a beta of 1.99. The company has a debt-to-equity ratio of 9.04, a quick ratio of 0.83 and a current ratio of 0.87.

Hedge Funds Weigh In On Full House Resorts

A number of hedge funds and other institutional investors have recently bought and sold shares of FLL. Price T Rowe Associates Inc. MD purchased a new stake in Full House Resorts in the 1st quarter valued at approximately $57,000. Bank of New York Mellon Corp grew its holdings in Full House Resorts by 13.2% during the second quarter. Bank of New York Mellon Corp now owns 96,749 shares of the company’s stock worth $484,000 after acquiring an additional 11,288 shares during the period. Panagora Asset Management Inc. raised its position in Full House Resorts by 107.6% in the second quarter. Panagora Asset Management Inc. now owns 36,855 shares of the company’s stock worth $184,000 after acquiring an additional 19,101 shares in the last quarter. Rhumbline Advisers lifted its holdings 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 acquiring an additional 7,551 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Full House Resorts by 9.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 230,017 shares of the company’s stock worth $1,150,000 after purchasing an additional 19,802 shares in the last quarter. 37.68% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

FLL has been the subject of several analyst reports. JMP Securities lowered their price target on shares of Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. Craig Hallum raised shares of Full House Resorts to a “strong-buy” rating in a report on Wednesday, September 4th. Finally, B. Riley reduced their price target on shares of Full House Resorts from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $6.67.

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.