Insider Selling: Full House Resorts, Inc. (NASDAQ:FLL) CFO Sells 7,597 Shares of Stock

Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger sold 7,597 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $5.00, for a total value of $37,985.00. Following the completion of the sale, the chief financial officer now directly owns 254,658 shares in the company, valued at approximately $1,273,290. This represents a 2.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Full House Resorts Stock Performance

FLL stock opened at $4.58 on Thursday. The stock’s 50 day simple moving average is $4.52 and its 200 day simple moving average is $4.88. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 9.04. Full House Resorts, Inc. has a 12-month low of $3.77 and a 12-month high of $5.94. The stock has a market capitalization of $163.05 million, a PE ratio of -3.88 and a beta of 1.92.

Analysts Set New Price Targets

FLL has been the subject of a number of recent research reports. JMP Securities reiterated a “market outperform” rating and set a $6.00 price objective on shares of Full House Resorts in a research note on Thursday, January 16th. B. Riley cut their price objective on shares of Full House Resorts from $9.00 to $8.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. SG Americas Securities LLC raised its holdings in shares of Full House Resorts by 23.7% during the fourth quarter. SG Americas Securities LLC now owns 13,372 shares of the company’s stock valued at $55,000 after purchasing an additional 2,558 shares during the last quarter. Barclays PLC grew its position in Full House Resorts by 268.5% in the 3rd quarter. Barclays PLC now owns 43,247 shares of the company’s stock worth $217,000 after purchasing an additional 31,512 shares during the period. Geode Capital Management LLC raised its stake in Full House Resorts by 1.6% during 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 during the last quarter. State Street Corp lifted its holdings in shares of Full House Resorts by 1.7% during 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 period. Finally, KG&L Capital Management LLC purchased a new position in shares of Full House Resorts in the 3rd quarter worth $50,000. 37.68% of the stock is owned by 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.