Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee Sells 2,388 Shares

Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee sold 2,388 shares of the business’s stock in a transaction on Friday, October 18th. The stock was 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 directly 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 filing with the SEC, which is accessible through this hyperlink.

Full House Resorts Trading Down 0.6 %

FLL stock opened at $4.97 on Wednesday. The company has a market cap of $172.15 million, a P/E ratio of -6.90 and a beta of 2.00. Full House Resorts, Inc. has a twelve month low of $3.40 and a twelve month high of $5.98. The company has a quick ratio of 0.78, a current ratio of 0.81 and a debt-to-equity ratio of 7.88. The business has a fifty day moving average of $4.98 and a 200-day moving average of $5.06.

Full House Resorts (NASDAQ:FLL) last released 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 the consensus estimate of $79.10 million. Full House Resorts had a negative net margin of 10.11% and a negative return on equity of 37.79%. During the same quarter in the prior year, the company posted ($0.16) EPS. As a group, equities research analysts expect that Full House Resorts, Inc. will post -0.74 EPS for the current year.

Institutional Investors Weigh In On Full House Resorts

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLL. Wasatch Advisors LP increased its holdings in Full House Resorts by 11.4% in the first quarter. Wasatch Advisors LP now owns 840,579 shares of the company’s stock valued at $4,682,000 after purchasing an additional 86,333 shares during the last quarter. GSA Capital Partners LLP increased its holdings in Full House Resorts by 48.3% in the first quarter. GSA Capital Partners LLP now owns 170,321 shares of the company’s stock valued at $949,000 after purchasing an additional 55,499 shares during the last quarter. Gamco Investors INC. ET AL increased its holdings in Full House Resorts by 7.4% in the first quarter. Gamco Investors INC. ET AL now owns 581,932 shares of the company’s stock valued at $3,241,000 after purchasing an additional 40,032 shares during the last quarter. Aristeia Capital L.L.C. bought a new stake in Full House Resorts in the second quarter valued at about $140,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Full House Resorts by 9.4% in the second quarter. Dimensional Fund Advisors LP now owns 230,017 shares of the company’s stock worth $1,150,000 after acquiring an additional 19,802 shares in the last quarter. Institutional investors own 37.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on FLL shares. Craig Hallum upgraded Full House Resorts to a “strong-buy” rating in a research report on Wednesday, September 4th. JMP Securities boosted their target price on Full House Resorts from $6.00 to $7.00 and gave the stock a “market outperform” rating in a research report on Wednesday, July 17th. 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’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $7.33.

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.