Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee Sells 11,737 Shares

Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee sold 11,737 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $5.07, for a total transaction of $59,506.59. Following the sale, 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 SEC, which is available through the SEC website.

Full House Resorts Trading Down 2.4 %

Shares of FLL stock traded down $0.12 during trading hours on Wednesday, reaching $4.98. The company’s stock had a trading volume of 71,969 shares, compared to its average volume of 93,556. The company has a current ratio of 0.81, a quick ratio of 0.78 and a debt-to-equity ratio of 7.88. The stock has a market capitalization of $172.49 million, a P/E ratio of -6.92 and a beta of 2.00. The firm’s fifty day simple moving average is $5.14 and its 200 day simple moving average is $5.09. Full House Resorts, Inc. has a one year low of $3.40 and a one year high of $5.98.

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

Institutional Trading of Full House Resorts

Several institutional investors and hedge funds have recently bought and sold shares of FLL. B. Riley Wealth Advisors Inc. purchased a new stake in Full House Resorts during the 2nd quarter valued at about $50,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of Full House Resorts during the first quarter valued at approximately $57,000. Aristeia Capital L.L.C. bought a new stake in shares of Full House Resorts during the second quarter valued at approximately $140,000. Bard Associates Inc. raised its holdings in Full House Resorts by 6.2% in the 4th quarter. Bard Associates Inc. now owns 36,075 shares of the company’s stock worth $194,000 after acquiring an additional 2,100 shares during the last quarter. Finally, Panagora Asset Management Inc. lifted its position in Full House Resorts by 107.6% in the 2nd quarter. Panagora Asset Management Inc. now owns 36,855 shares of the company’s stock valued at $184,000 after acquiring an additional 19,101 shares in the last quarter. 37.68% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on FLL. JMP Securities upped their price objective 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. Craig Hallum upgraded shares of Full House Resorts to a “strong-buy” rating in a report on Wednesday, September 4th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price 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.