Full House Resorts, Inc. (NASDAQ:FLL) CEO Sells $44,160.84 in Stock

Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee sold 8,676 shares of the company’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $5.09, for a total transaction of $44,160.84. Following the completion of the transaction, the chief executive officer now directly owns 1,588,880 shares of the company’s stock, valued at $8,087,399.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Full House Resorts Trading Down 1.2 %

Full House Resorts stock opened at $4.92 on Friday. The company has a market cap of $170.41 million, a price-to-earnings ratio of -6.83 and a beta of 2.00. The firm has a 50-day moving average of $5.13 and a 200-day moving average of $5.09. The company has a debt-to-equity ratio of 7.88, a current ratio of 0.81 and a quick ratio of 0.78. 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 issued 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 company had revenue of $73.49 million for the quarter, compared to analyst estimates of $79.10 million. Full House Resorts had a negative net margin of 10.11% and a negative return on equity of 37.79%. During the same period last year, the company posted ($0.16) earnings per share. On average, equities analysts expect that Full House Resorts, Inc. will post -0.74 earnings per share for the current fiscal year.

Analyst Ratings Changes

FLL has been the subject of several recent research reports. Craig Hallum raised Full House Resorts to a “strong-buy” rating in a research report on Wednesday, September 4th. JMP Securities upped their price target on 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. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.33.

Institutional Investors Weigh In On Full House Resorts

Large investors have recently made changes to their positions in the stock. Bard Associates Inc. raised its holdings in shares of Full House Resorts by 6.2% in the 4th quarter. Bard Associates Inc. now owns 36,075 shares of the company’s stock valued at $194,000 after purchasing an additional 2,100 shares during the period. Price T Rowe Associates Inc. MD bought a new stake in Full House Resorts in the first quarter valued at approximately $57,000. Aristides Capital LLC raised its stake in Full House Resorts by 133.3% in the fourth quarter. Aristides Capital LLC now owns 69,498 shares of the company’s stock valued at $373,000 after buying an additional 39,706 shares during the period. Wasatch Advisors LP lifted its position in shares of Full House Resorts by 11.4% in the first quarter. Wasatch Advisors LP now owns 840,579 shares of the company’s stock valued at $4,682,000 after buying an additional 86,333 shares during the last quarter. Finally, Panagora Asset Management Inc. boosted its stake 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 acquiring an additional 19,101 shares during the period. Institutional investors and hedge funds 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.