Lewis A. Fanger Sells 3,856 Shares of Full House Resorts, Inc. (NASDAQ:FLL) Stock

Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger sold 3,856 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $5.01, for a total transaction of $19,318.56. Following the sale, the chief financial officer now directly owns 254,658 shares in the company, valued at approximately $1,275,836.58. The trade was a 1.49 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Full House Resorts Trading Up 1.0 %

Shares of Full House Resorts stock traded up $0.05 during trading hours on Monday, reaching $4.91. 162,454 shares of the company’s stock were exchanged, compared to its average volume of 99,273. The firm has a market capitalization of $174.80 million, a price-to-earnings ratio of -4.16 and a beta of 1.99. The company has a fifty day moving average of $4.96 and a 200-day moving average of $5.03. Full House Resorts, Inc. has a 52-week low of $4.42 and a 52-week high of $5.98. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 9.04.

Hedge Funds Weigh In On Full House Resorts

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Barclays PLC increased its stake in shares of Full House Resorts by 268.5% in the third quarter. Barclays PLC now owns 43,247 shares of the company’s stock worth $217,000 after acquiring an additional 31,512 shares during the last quarter. Geode Capital Management LLC raised its position in Full House Resorts by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 738,560 shares of the company’s stock valued at $3,709,000 after purchasing an additional 11,747 shares during the last quarter. State Street Corp boosted its holdings in Full House Resorts by 1.7% in the third quarter. State Street Corp now owns 610,048 shares of the company’s stock valued at $3,062,000 after acquiring an additional 10,168 shares during the last quarter. KG&L Capital Management LLC bought a new stake in Full House Resorts in the third quarter valued at about $50,000. Finally, Private Management Group Inc. acquired a new stake in shares of Full House Resorts during the third quarter worth about $2,957,000. 37.68% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. JMP Securities lowered their price target on 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 research note 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 for the company in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Full House Resorts presently has a consensus rating of “Moderate Buy” and an average target price of $6.67.

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.