Daniel R. Lee Sells 13,188 Shares of Full House Resorts, Inc. (NASDAQ:FLL) Stock

Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee sold 13,188 shares of the stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $4.99, for a total transaction of $65,808.12. Following the sale, the chief executive officer now directly owns 1,588,880 shares in the company, valued at $7,928,511.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Full House Resorts Stock Up 0.3 %

Shares of Full House Resorts stock opened at $5.01 on Friday. Full House Resorts, Inc. has a 52-week low of $3.40 and a 52-week high of $5.98. The company has a 50 day moving average of $4.98 and a 200 day moving average of $5.07. 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 company has a market capitalization of $173.53 million, a P/E ratio of -6.96 and a beta of 2.00.

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

Analysts Set New Price Targets

Several analysts have recently issued reports on FLL shares. Craig Hallum raised shares of Full House Resorts to a “strong-buy” rating in a research report on Wednesday, September 4th. JMP Securities raised their target price on shares of Full House Resorts from $6.00 to $7.00 and gave the company a “market outperform” rating in a report on Wednesday, July 17th. One investment 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 stock. According to data from MarketBeat.com, Full House Resorts currently has an average rating of “Moderate Buy” and an average target price of $7.33.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FLL. Wasatch Advisors LP lifted its position in shares of Full House Resorts by 11.4% during the 1st quarter. Wasatch Advisors LP now owns 840,579 shares of the company’s stock worth $4,682,000 after buying an additional 86,333 shares during the last quarter. Gabelli Funds LLC lifted its position in shares of Full House Resorts by 0.3% during the 2nd quarter. Gabelli Funds LLC now owns 600,000 shares of the company’s stock worth $3,000,000 after buying an additional 2,000 shares during the last quarter. Gamco Investors INC. ET AL lifted its position in shares of Full House Resorts by 7.4% during the 1st 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 last quarter. Dimensional Fund Advisors LP lifted 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 buying an additional 19,802 shares during the last quarter. Finally, GSA Capital Partners LLP lifted its position in shares of Full House Resorts by 48.3% during the 1st quarter. GSA Capital Partners LLP now owns 170,321 shares of the company’s stock worth $949,000 after buying an additional 55,499 shares during the last quarter. Hedge funds and other institutional investors own 37.68% of the company’s stock.

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.