Lewis A. Fanger Sells 3,856 Shares of Full House Resorts, Inc. (NASDAQ:FLL) Stock

Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger sold 3,856 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $5.01, for a total transaction of $19,318.56. Following the completion of the transaction, the chief financial officer now directly owns 254,658 shares of the company’s stock, valued at $1,275,836.58. This represents a 1.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Full House Resorts Stock Down 1.6 %

Shares of NASDAQ FLL opened at $4.83 on Wednesday. The business has a 50-day moving average of $4.95 and a two-hundred day moving average of $5.02. The company has a market capitalization of $171.95 million, a price-to-earnings ratio of -4.09 and a beta of 1.99. Full House Resorts, Inc. has a 1 year low of $4.42 and a 1 year high of $5.98. The company has a debt-to-equity ratio of 9.04, a current ratio of 0.87 and a quick ratio of 0.83.

Institutional Investors Weigh In On Full House Resorts

Institutional investors have recently added to or reduced their stakes in the business. Barclays PLC increased its stake in Full House Resorts by 268.5% in the third quarter. Barclays PLC now owns 43,247 shares of the company’s stock valued at $217,000 after purchasing an additional 31,512 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Full House Resorts by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 738,560 shares of the company’s stock valued at $3,709,000 after buying an additional 11,747 shares in the last quarter. State Street Corp grew its position in shares of Full House Resorts by 1.7% in the 3rd quarter. State Street Corp now owns 610,048 shares of the company’s stock valued at $3,062,000 after buying an additional 10,168 shares during the last quarter. KG&L Capital Management LLC acquired a new stake in Full House Resorts during the 3rd quarter worth $50,000. Finally, Private Management Group Inc. purchased a new stake in Full House Resorts in the third quarter valued at $2,957,000. Hedge funds and other institutional investors own 37.68% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on FLL shares. Craig Hallum upgraded Full House Resorts to a “strong-buy” rating in a report on Wednesday, September 4th. B. Riley decreased their price objective on Full House Resorts from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Finally, JMP Securities cut their target price on shares of Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. One 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 assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $6.67.

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.