Full House Resorts, Inc. (NASDAQ:FLL) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP cut its stake in shares of Full House Resorts, Inc. (NASDAQ:FLL) by 33.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 53,120 shares of the company’s stock after selling 27,036 shares during the period. GSA Capital Partners LLP owned about 0.15% of Full House Resorts worth $267,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Gabelli Funds LLC boosted its position in Full House Resorts by 0.3% during the second quarter. Gabelli Funds LLC now owns 600,000 shares of the company’s stock worth $3,000,000 after acquiring an additional 2,000 shares during the last quarter. Private Management Group Inc. purchased a new stake in shares of Full House Resorts in the 3rd quarter valued at approximately $2,957,000. Gamco Investors INC. ET AL boosted its position in shares of Full House Resorts by 7.4% during the first quarter. Gamco Investors INC. ET AL now owns 581,932 shares of the company’s stock worth $3,241,000 after buying an additional 40,032 shares during the period. Dimensional Fund Advisors LP lifted its stake in 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. Finally, Bank of New York Mellon Corp boosted its holdings in Full House Resorts by 13.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 96,749 shares of the company’s stock valued at $484,000 after acquiring an additional 11,288 shares during the period. 37.68% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. JMP Securities reduced their price objective on Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. Craig Hallum upgraded Full House Resorts to a “strong-buy” rating in a report on Wednesday, September 4th. Finally, B. Riley decreased their price objective 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. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $6.67.

Insider Buying and Selling

In related news, CEO Daniel R. Lee sold 11,737 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $5.07, for a total transaction of $59,506.59. Following the transaction, the chief executive officer now owns 1,588,880 shares of the company’s stock, valued at $8,055,621.60. This represents a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold a total of 98,702 shares of company stock valued at $491,347 over the last three months. 12.70% of the stock is currently owned by company insiders.

Full House Resorts Stock Performance

Shares of FLL opened at $4.86 on Friday. The company’s 50 day simple moving average is $4.96 and its 200-day simple moving average is $5.03. The firm has a market cap of $173.02 million, a PE ratio of -4.12 and a beta of 1.99. Full House Resorts, Inc. has a 12-month low of $4.42 and a 12-month high of $5.98. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 9.04.

Full House Resorts 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.