Daniel R. Lee Sells 24,512 Shares of Full House Resorts, Inc. (NASDAQ:FLL) Stock

Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee sold 24,512 shares of Full House Resorts stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $5.04, for a total value of $123,540.48. Following the sale, the chief executive officer now owns 1,056,737 shares of the company’s stock, valued at approximately $5,325,954.48. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Full House Resorts Stock Performance

FLL remained flat at $5.00 during midday trading on Thursday. The company’s stock had a trading volume of 129,684 shares, compared to its average volume of 98,940. The company has a current ratio of 0.91, a quick ratio of 0.88 and a debt-to-equity ratio of 6.96. The firm has a market capitalization of $173.19 million, a price-to-earnings ratio of -6.94 and a beta of 2.00. The firm has a 50-day simple moving average of $5.09 and a 200-day simple moving average of $5.08. Full House Resorts, Inc. has a 52 week low of $3.40 and a 52 week high of $5.98.

Full House Resorts (NASDAQ:FLL) last posted its quarterly earnings results on Tuesday, August 6th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate 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 net margin of 9.49% and a negative return on equity of 31.04%. During the same quarter last year, the firm earned ($0.16) EPS. On average, equities analysts expect that Full House Resorts, Inc. will post -0.59 EPS for the current year.

Institutional Trading of Full House Resorts

Institutional investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD purchased a new stake in shares of Full House Resorts during the 1st quarter worth about $57,000. SG Americas Securities LLC purchased a new stake in shares of Full House Resorts during the 4th quarter worth about $78,000. Aristeia Capital L.L.C. purchased a new stake in shares of Full House Resorts during the 2nd quarter worth about $140,000. Panagora Asset Management Inc. grew its holdings in shares of Full House Resorts by 107.6% during the 2nd 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. grew its holdings in shares of Full House Resorts by 6.2% during the 4th quarter. Bard Associates Inc. now owns 36,075 shares of the company’s stock worth $194,000 after purchasing an additional 2,100 shares during the period. Hedge funds and other institutional investors own 37.68% of the company’s stock.

Wall Street Analysts Forecast Growth

FLL has been the subject of a number of recent research reports. B. Riley initiated coverage on Full House Resorts in a research report on Friday, April 26th. They set a “buy” rating and a $9.00 price objective for the company. JMP Securities lifted their price target on Full House Resorts from $6.00 to $7.00 and gave the company a “market outperform” rating in a report on Wednesday, July 17th.

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.