Full House Resorts, Inc. (NASDAQ:FLL) CEO Sells $59,506.59 in Stock

Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee sold 11,737 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $5.07, for a total value of $59,506.59. Following the transaction, the chief executive officer now directly owns 1,588,880 shares in the company, valued at approximately $8,055,621.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Full House Resorts Stock Performance

Shares of FLL stock opened at $4.92 on Friday. The company has a debt-to-equity ratio of 7.88, a current ratio of 0.81 and a quick ratio of 0.78. The firm has a 50-day moving average of $5.13 and a 200-day moving average of $5.09. Full House Resorts, Inc. has a one year low of $3.40 and a one year high of $5.98. The company has a market cap of $170.41 million, a P/E ratio of -6.83 and a beta of 2.00.

Full House Resorts (NASDAQ:FLL) last announced its earnings results on Tuesday, August 6th. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.11). The business had revenue of $73.49 million during the quarter, compared to analysts’ expectations of $79.10 million. Full House Resorts had a negative return on equity of 37.79% and a negative net margin of 10.11%. During the same quarter in the previous year, the firm earned ($0.16) EPS. Equities research analysts forecast that Full House Resorts, Inc. will post -0.74 EPS for the current fiscal year.

Hedge Funds Weigh In On Full House Resorts

Institutional investors have recently added to or reduced their stakes in the stock. B. Riley Wealth Advisors Inc. bought a new position in shares of Full House Resorts during the 2nd quarter valued at approximately $50,000. Price T Rowe Associates Inc. MD purchased a new stake in Full House Resorts in the 1st quarter worth about $57,000. Aristeia Capital L.L.C. bought a new stake in Full House Resorts in the 2nd quarter valued at about $140,000. Panagora Asset Management Inc. boosted its position in Full House Resorts by 107.6% during the second quarter. Panagora Asset Management Inc. now owns 36,855 shares of the company’s stock worth $184,000 after purchasing an additional 19,101 shares during the period. Finally, Bard Associates Inc. increased its stake in shares of Full House Resorts by 6.2% in the fourth quarter. Bard Associates Inc. now owns 36,075 shares of the company’s stock worth $194,000 after purchasing an additional 2,100 shares in the last quarter. Institutional investors own 37.68% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on FLL shares. Craig Hallum upgraded shares of Full House Resorts to a “strong-buy” rating in a research report on Wednesday, September 4th. JMP Securities boosted their target price on shares of 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 given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $7.33.

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.