Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee Sells 10,793 Shares

Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee sold 10,793 shares of the company’s stock in a transaction dated Friday, October 11th. The shares were sold at an average price of $5.00, for a total transaction of $53,965.00. Following the completion of the sale, the chief executive officer now directly owns 1,588,880 shares of the company’s stock, valued at $7,944,400. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Full House Resorts Stock Performance

Shares of Full House Resorts stock remained flat at $4.99 on Friday. 64,915 shares of the stock were exchanged, compared to its average volume of 94,697. 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 cap of $173.65 million, a price-to-earnings ratio of -6.16 and a beta of 2.00. The business has a 50-day simple moving average of $4.99 and a 200 day simple moving average of $5.09. Full House Resorts, Inc. has a twelve month low of $3.40 and a twelve month high of $5.98.

Full House Resorts (NASDAQ:FLL) last announced its 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 net margin of 10.11% and a negative return on equity of 37.79%. The firm had revenue of $73.49 million during the quarter, compared to analysts’ expectations of $79.10 million. During the same period in the previous year, the firm earned ($0.16) EPS. As a group, sell-side analysts predict that Full House Resorts, Inc. will post -0.74 EPS for the current year.

Wall Street Analysts Forecast Growth

FLL has been the subject of a number of recent analyst reports. Craig Hallum upgraded shares of Full House Resorts to a “strong-buy” rating in a report on Wednesday, September 4th. JMP Securities raised their target price on Full House Resorts from $6.00 to $7.00 and gave the stock a “market outperform” rating in a research note on Wednesday, July 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $7.33.

Hedge Funds Weigh In On Full House Resorts

Several institutional investors have recently bought and sold shares of FLL. Price T Rowe Associates Inc. MD purchased a new position in shares of Full House Resorts in the first quarter valued at approximately $57,000. Wasatch Advisors LP boosted its position in Full House Resorts by 11.4% in the 1st 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 period. Panagora Asset Management Inc. grew its stake in shares of Full House Resorts by 107.6% in the second 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 in the last quarter. Rhumbline Advisers increased its position in shares of Full House Resorts by 14.6% during the second quarter. Rhumbline Advisers now owns 59,333 shares of the company’s stock worth $297,000 after acquiring an additional 7,551 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of Full House Resorts by 13.2% in the second 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 in the last quarter. 37.68% of the stock is owned by institutional investors and hedge funds.

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.