Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger Sells 37,738 Shares

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

Full House Resorts Price Performance

Shares of NASDAQ FLL opened at $4.91 on Tuesday. The stock has a market cap of $174.80 million, a P/E ratio of -4.16 and a beta of 1.99. The firm’s 50-day simple moving average is $4.96 and its 200 day simple moving average is $5.03. Full House Resorts, Inc. has a fifty-two week low of $4.42 and a fifty-two week high of $5.98. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 9.04.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on FLL shares. B. Riley lowered 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 report on Thursday, November 7th. JMP Securities reduced their target price on shares of Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating for the company in a research note on Thursday, November 7th. Finally, Craig Hallum upgraded shares of Full House Resorts to a “strong-buy” rating in a research note on Wednesday, September 4th. 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 issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $6.67.

Institutional Trading of Full House Resorts

A number of hedge funds and other institutional investors have recently made changes to their positions in FLL. KG&L Capital Management LLC bought a new stake in shares of Full House Resorts in the 3rd quarter worth $50,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Full House Resorts in the 2nd quarter worth approximately $50,000. Price T Rowe Associates Inc. MD bought a new stake in shares of Full House Resorts in the 1st quarter worth approximately $57,000. SG Americas Securities LLC acquired a new stake in Full House Resorts during the third quarter valued at approximately $54,000. Finally, Aristeia Capital L.L.C. acquired a new stake in Full House Resorts during the second quarter valued at approximately $140,000. 37.68% of the stock is currently owned by institutional investors.

About Full House Resorts

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.