Daniel R. Lee Sells 13,002 Shares of Full House Resorts, Inc. (NASDAQ:FLL) Stock

Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee sold 13,002 shares of the stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $4.96, for a total value of $64,489.92. Following the transaction, the chief executive officer now directly owns 1,588,880 shares in the company, valued at approximately $7,880,844.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Full House Resorts Price Performance

Shares of NASDAQ:FLL opened at $5.00 on Thursday. The company has a market cap of $173.01 million, a price-to-earnings ratio of -6.94 and a beta of 2.00. The business has a 50 day moving average price of $4.98 and a 200 day moving average price 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. 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 quarterly earnings data on Tuesday, August 6th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $73.49 million during the quarter, compared to analyst estimates of $79.10 million. During the same quarter in the previous year, the business posted ($0.16) EPS. Research analysts predict that Full House Resorts, Inc. will post -0.74 earnings per share for the current year.

Institutional Trading of Full House Resorts

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Wasatch Advisors LP grew its holdings 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 purchasing an additional 86,333 shares in the last quarter. GSA Capital Partners LLP lifted its position in Full House Resorts by 48.3% in the first quarter. GSA Capital Partners LLP now owns 170,321 shares of the company’s stock worth $949,000 after purchasing an additional 55,499 shares during the period. Gamco Investors INC. ET AL lifted its position in Full House Resorts by 7.4% in the first quarter. Gamco Investors INC. ET AL now owns 581,932 shares of the company’s stock worth $3,241,000 after purchasing an additional 40,032 shares during the period. Aristeia Capital L.L.C. acquired a new stake in Full House Resorts during the second quarter worth $140,000. Finally, Dimensional Fund Advisors LP increased its holdings in Full House Resorts by 9.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 230,017 shares of the company’s stock valued at $1,150,000 after buying an additional 19,802 shares during the period. 37.68% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have commented on FLL. Craig Hallum upgraded Full House Resorts to a “strong-buy” rating in a 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 research note on Wednesday, July 17th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $7.33.

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.