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 company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $5.01, for a total value of $19,318.56. Following the completion of the sale, the chief financial officer now owns 254,658 shares of the company’s stock, valued at approximately $1,275,836.58. The trade was a 1.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Full House Resorts Stock Performance

Shares of Full House Resorts stock opened at $4.76 on Thursday. The stock 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 debt-to-equity ratio of 9.04, a current ratio of 0.87 and a quick ratio of 0.83. The business has a 50-day moving average of $4.94 and a 200 day moving average of $5.02. Full House Resorts, Inc. has a 12 month low of $4.42 and a 12 month high of $5.98.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Private Management Group Inc. purchased a new stake in Full House Resorts during the 3rd quarter worth approximately $2,957,000. Barclays PLC raised its stake in shares of 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 acquiring an additional 31,512 shares in the last quarter. Aristeia Capital L.L.C. acquired a new position in Full House Resorts during the 2nd quarter worth $140,000. Dimensional Fund Advisors LP increased its stake in shares of Full House Resorts by 9.4% during the second quarter. Dimensional Fund Advisors LP now owns 230,017 shares of the company’s stock worth $1,150,000 after buying an additional 19,802 shares during the period. Finally, Panagora Asset Management Inc. boosted its position in shares of Full House Resorts by 107.6% during the 2nd quarter. Panagora Asset Management Inc. now owns 36,855 shares of the company’s stock worth $184,000 after acquiring an additional 19,101 shares in the last quarter. Hedge funds and other institutional investors own 37.68% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on FLL. B. Riley dropped their price target on shares of 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. Craig Hallum raised Full House Resorts to a “strong-buy” rating in a research note on Wednesday, September 4th. Finally, JMP Securities cut their price objective on Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating for the company in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.