Insider Selling: Full House Resorts, Inc. (NASDAQ:FLL) Director Sells 8,900 Shares of Stock

Full House Resorts, Inc. (NASDAQ:FLL) Director Kathleen M. Caracciolo sold 8,900 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $4.43, for a total value of $39,427.00. Following the completion of the sale, the director now owns 40,997 shares of the company’s stock, valued at approximately $181,616.71. This trade represents a 17.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Full House Resorts Stock Performance

NASDAQ:FLL traded down $0.02 during mid-day trading on Friday, hitting $4.40. The company’s stock had a trading volume of 202,321 shares, compared to its average volume of 101,405. The business’s fifty day moving average is $4.87 and its two-hundred day moving average is $4.98. The stock has a market cap of $156.64 million, a price-to-earnings ratio of -3.73 and a beta of 1.89. Full House Resorts, Inc. has a 1 year low of $4.36 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.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on FLL. JMP Securities cut their price target 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. B. Riley lowered their price target on 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, Craig Hallum upgraded Full House Resorts to a “strong-buy” rating in a research note on Wednesday, September 4th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Gabelli Funds LLC lifted its position in shares of Full House Resorts by 0.3% during the 2nd quarter. Gabelli Funds LLC now owns 600,000 shares of the company’s stock valued at $3,000,000 after buying an additional 2,000 shares in the last quarter. Rhumbline Advisers lifted its position in Full House Resorts by 14.6% during the second quarter. Rhumbline Advisers now owns 59,333 shares of the company’s stock worth $297,000 after buying an additional 7,551 shares in the last quarter. KG&L Capital Management LLC purchased a new stake in shares of Full House Resorts in the 3rd quarter valued at approximately $50,000. B. Riley Wealth Advisors Inc. purchased a new stake in Full House Resorts in the 2nd quarter valued at about $50,000. Finally, Price T Rowe Associates Inc. MD purchased a new position in shares of Full House Resorts during the first quarter worth $57,000. 37.68% of the stock is currently 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.