Insider Selling: Full House Resorts, Inc. (NASDAQ:FLL) CFO Sells 104,992 Shares of Stock

Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger sold 104,992 shares of Full House Resorts stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $4.62, for a total value of $485,063.04. Following the transaction, the chief financial officer now directly owns 254,658 shares in the company, valued at approximately $1,176,519.96. This trade represents a 29.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Full House Resorts Trading Up 5.0 %

NASDAQ:FLL opened at $5.00 on Wednesday. Full House Resorts, Inc. has a 1-year low of $3.77 and a 1-year high of $5.94. The business’s 50-day moving average price is $4.53 and its two-hundred day moving average price is $4.87. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 9.04. The firm has a market capitalization of $178 million, a price-to-earnings ratio of -4.24 and a beta of 1.92.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on FLL shares. B. Riley reduced their target price on Full House Resorts from $9.00 to $8.00 and set a “buy” rating for the company in a report on Thursday, November 7th. JMP Securities reiterated a “market outperform” rating and issued a $6.00 price target on shares of Full House Resorts in a research report on Monday.

Institutional Investors Weigh In On Full House Resorts

Hedge funds have recently modified their holdings of the business. R Squared Ltd bought a new position in shares of Full House Resorts during the fourth quarter worth about $26,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Full House Resorts during the 2nd quarter worth approximately $50,000. KG&L Capital Management LLC bought a new position in shares of Full House Resorts during the 3rd quarter worth approximately $50,000. SG Americas Securities LLC bought a new position in shares of Full House Resorts during the 3rd quarter worth approximately $54,000. Finally, Barclays PLC lifted its holdings in Full House Resorts by 268.5% during the 3rd quarter. Barclays PLC now owns 43,247 shares of the company’s stock worth $217,000 after purchasing an additional 31,512 shares during the last quarter. Institutional investors and hedge funds 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.