Jane Street Group LLC Lowers Holdings in Full House Resorts, Inc. (NASDAQ:FLL)

Jane Street Group LLC lowered its holdings in Full House Resorts, Inc. (NASDAQ:FLL) by 55.0% during the third quarter, Holdings Channel.com reports. The firm owned 20,749 shares of the company’s stock after selling 25,325 shares during the period. Jane Street Group LLC’s holdings in Full House Resorts were worth $104,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Full House Resorts during the 2nd quarter worth about $50,000. KG&L Capital Management LLC acquired a new stake in shares of Full House Resorts during the third quarter valued at about $50,000. SG Americas Securities LLC acquired a new stake in shares of Full House Resorts during the third quarter valued at about $54,000. Aristeia Capital L.L.C. purchased a new stake in shares of Full House Resorts in the 2nd quarter valued at approximately $140,000. Finally, Rhumbline Advisers lifted its holdings in shares of Full House Resorts by 14.6% in the 2nd quarter. Rhumbline Advisers now owns 59,333 shares of the company’s stock worth $297,000 after acquiring an additional 7,551 shares during the last quarter. Institutional investors and hedge funds own 37.68% of the company’s stock.

Full House Resorts Trading Up 4.2 %

NASDAQ FLL opened at $4.70 on Wednesday. The company has a debt-to-equity ratio of 9.04, a quick ratio of 0.83 and a current ratio of 0.87. The firm has a market cap of $167.32 million, a price-to-earnings ratio of -3.98 and a beta of 1.92. The firm has a 50 day simple moving average of $4.53 and a 200-day simple moving average of $4.88. Full House Resorts, Inc. has a one year low of $3.77 and a one year high of $5.94.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on FLL shares. B. Riley dropped their target price on shares of 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 dropped their price objective on Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating for the company in a research note on Thursday, November 7th.

Insiders Place Their Bets

In related news, CFO Lewis A. Fanger sold 37,738 shares of Full House Resorts stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $5.05, for a total value of $190,576.90. Following the completion of the transaction, the chief financial officer now owns 254,658 shares in the company, valued at $1,286,022.90. The trade was a 12.91 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kathleen M. Caracciolo sold 8,900 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $4.43, for a total transaction of $39,427.00. Following the completion of the sale, the director now directly owns 40,997 shares in the company, valued at approximately $181,616.71. This represents a 17.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 55,134 shares of company stock worth $272,037 in the last ninety days. 12.70% of the stock is owned by corporate insiders.

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.