Insider Selling: Full House Resorts, Inc. (NASDAQ:FLL) CFO Sells $190,576.90 in Stock

Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger sold 37,738 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $5.05, for a total value of $190,576.90. Following the completion of the sale, the chief financial officer now owns 254,658 shares in the company, valued at $1,286,022.90. This represents a 12.91 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Full House Resorts Stock Down 1.4 %

NASDAQ FLL opened at $4.76 on Thursday. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 9.04. Full House Resorts, Inc. has a 52 week low of $4.42 and a 52 week high of $5.98. The firm has a market capitalization of $169.46 million, a price-to-earnings ratio of -4.03 and a beta of 1.99. The company has a fifty day moving average of $4.94 and a two-hundred day moving average of $5.02.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on FLL. Craig Hallum upgraded Full House Resorts to a “strong-buy” rating in a research report on Wednesday, September 4th. B. Riley lowered their price objective on shares of Full House Resorts from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Finally, JMP Securities reduced 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 report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $6.67.

Hedge Funds Weigh In On Full House Resorts

A number of large investors have recently made changes to their positions in FLL. Gabelli Funds LLC grew its position in Full House Resorts by 0.3% in the 2nd quarter. Gabelli Funds LLC now owns 600,000 shares of the company’s stock valued at $3,000,000 after acquiring an additional 2,000 shares during the last quarter. Rhumbline Advisers grew its holdings in shares of Full House Resorts by 14.6% in the second quarter. Rhumbline Advisers now owns 59,333 shares of the company’s stock worth $297,000 after purchasing an additional 7,551 shares during the last quarter. KG&L Capital Management LLC purchased a new position in Full House Resorts in the 3rd quarter worth about $50,000. B. Riley Wealth Advisors Inc. purchased a new position in Full House Resorts in the 2nd quarter worth about $50,000. Finally, Price T Rowe Associates Inc. MD bought a new stake in Full House Resorts during the 1st quarter valued at about $57,000. 37.68% of the stock is owned by hedge funds and other institutional investors.

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.