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 stock was sold at an average price of $4.62, for a total transaction of $485,063.04. Following the sale, the chief financial officer now directly owns 254,658 shares of the company’s stock, valued at $1,176,519.96. The trade was a 29.19 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Full House Resorts Stock Performance

Shares of FLL traded up $0.24 during mid-day trading on Tuesday, hitting $5.00. 165,901 shares of the company’s stock were exchanged, compared to its average volume of 203,906. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 9.04. Full House Resorts, Inc. has a 52 week low of $3.77 and a 52 week high of $5.94. The stock’s 50-day simple moving average is $4.53 and its 200-day simple moving average is $4.87. The firm has a market cap of $178 million, a price-to-earnings ratio of -4.24 and a beta of 1.92.

Hedge Funds Weigh In On Full House Resorts

A number of hedge funds have recently added to or reduced their stakes in FLL. Dimensional Fund Advisors LP boosted its position in shares of Full House Resorts by 9.4% during the 2nd 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. B. Riley Wealth Advisors Inc. bought a new stake in Full House Resorts during the second quarter worth $50,000. SG Americas Securities LLC acquired a new stake in shares of Full House Resorts in the 3rd quarter valued at $54,000. Private Management Group Inc. acquired a new stake in shares of Full House Resorts in the 3rd quarter valued at $2,957,000. Finally, KG&L Capital Management LLC bought a new position in shares of Full House Resorts in the 3rd quarter valued at $50,000. Institutional investors own 37.68% of the company’s stock.

Analyst Upgrades and Downgrades

FLL has been the subject of a number of research analyst reports. JMP Securities restated a “market outperform” rating and set a $6.00 price objective on shares of Full House Resorts in a report on Monday. B. Riley reduced their price target on Full House Resorts from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Thursday, November 7th.

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.