Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee Sells 11,737 Shares

Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee sold 11,737 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $5.07, for a total transaction of $59,506.59. Following the completion of the transaction, the chief executive officer now directly owns 1,588,880 shares in the company, valued at approximately $8,055,621.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Full House Resorts Stock Down 1.2 %

Shares of FLL opened at $4.92 on Friday. Full House Resorts, Inc. has a 1 year low of $3.40 and a 1 year 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. The stock has a 50 day simple moving average of $5.13 and a two-hundred day simple moving average of $5.09. The firm has a market cap of $170.41 million, a P/E ratio of -6.83 and a beta of 2.00.

Full House Resorts (NASDAQ:FLL) last released its earnings results on Tuesday, August 6th. The company reported ($0.25) earnings per share 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 company had revenue of $73.49 million during the quarter, compared to the consensus estimate of $79.10 million. During the same period last year, the firm posted ($0.16) EPS. On average, analysts forecast that Full House Resorts, Inc. will post -0.74 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Craig Hallum upgraded Full House Resorts to a “strong-buy” rating in a research 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 equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $7.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Bard Associates Inc. boosted its holdings in shares of 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. Aristides Capital LLC raised its position in Full House Resorts by 133.3% during the 4th quarter. Aristides Capital LLC now owns 69,498 shares of the company’s stock valued at $373,000 after purchasing an additional 39,706 shares during the last quarter. Wasatch Advisors LP lifted its holdings in Full House Resorts by 11.4% in the 1st quarter. Wasatch Advisors LP now owns 840,579 shares of the company’s stock worth $4,682,000 after buying an additional 86,333 shares during the period. GSA Capital Partners LLP grew its position in shares of Full House Resorts by 48.3% in the 1st quarter. GSA Capital Partners LLP now owns 170,321 shares of the company’s stock worth $949,000 after buying an additional 55,499 shares during the last quarter. Finally, Gamco Investors INC. ET AL increased its stake in shares of Full House Resorts by 7.4% during the first quarter. Gamco Investors INC. ET AL now owns 581,932 shares of the company’s stock valued at $3,241,000 after buying an additional 40,032 shares during the period. Institutional investors 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.