Daniel R. Lee Sells 8,676 Shares of Full House Resorts, Inc. (NASDAQ:FLL) Stock

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

Full House Resorts Price Performance

FLL stock opened at $4.98 on Friday. The business’s fifty day moving average price is $5.14 and its two-hundred day moving average price is $5.09. The stock has a market capitalization of $172.49 million, a price-to-earnings ratio of -6.92 and a beta of 2.00. Full House Resorts, Inc. has a fifty-two week low of $3.40 and a fifty-two week high of $5.98. 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 (NASDAQ:FLL) last issued its quarterly earnings data on Tuesday, August 6th. The company reported ($0.25) earnings per share 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 analyst estimates of $79.10 million. Full House Resorts had a negative return on equity of 37.79% and a negative net margin of 10.11%. During the same quarter last year, the firm earned ($0.16) EPS. On average, equities analysts anticipate that Full House Resorts, Inc. will post -0.74 earnings per share for the current year.

Analyst Upgrades and Downgrades

FLL has been the topic of a number of research analyst reports. Craig Hallum raised shares of Full House Resorts to a “strong-buy” rating in a report on Wednesday, September 4th. JMP Securities raised their price objective on Full House Resorts from $6.00 to $7.00 and gave the company 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 given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $7.33.

Institutional Investors Weigh In On Full House Resorts

A number of hedge funds and other institutional investors have recently made changes to their positions in FLL. B. Riley Wealth Advisors Inc. bought a new position in Full House Resorts during the 2nd quarter worth $50,000. Price T Rowe Associates Inc. MD acquired a new stake in shares of Full House Resorts during the 1st quarter worth $57,000. Aristeia Capital L.L.C. bought a new position in shares of Full House Resorts in the second quarter worth $140,000. Panagora Asset Management Inc. raised its stake in Full House Resorts by 107.6% in the second quarter. Panagora Asset Management Inc. now owns 36,855 shares of the company’s stock valued at $184,000 after purchasing an additional 19,101 shares in the last quarter. Finally, Bard Associates Inc. lifted its position in Full House Resorts by 6.2% during the fourth 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. 37.68% of the stock is currently 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.