Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger Sells 3,856 Shares

Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger sold 3,856 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $5.01, for a total transaction of $19,318.56. Following the sale, the chief financial officer now directly 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Full House Resorts Stock Performance

Full House Resorts stock opened at $4.91 on Tuesday. The company has a debt-to-equity ratio of 9.04, a current ratio of 0.87 and a quick ratio of 0.83. Full House Resorts, Inc. has a 12 month low of $4.42 and a 12 month high of $5.98. The company has a fifty day moving average price of $4.95 and a two-hundred day moving average price of $5.03. The company has a market cap of $174.80 million, a PE ratio of -4.16 and a beta of 1.99.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Gabelli Funds LLC boosted its position in 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 purchasing an additional 2,000 shares during the period. Rhumbline Advisers lifted its stake in Full House Resorts by 14.6% in the second quarter. Rhumbline Advisers now owns 59,333 shares of the company’s stock valued at $297,000 after buying an additional 7,551 shares during the last quarter. KG&L Capital Management LLC acquired a new position in shares of Full House Resorts during the third quarter valued at $50,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Full House Resorts during the second quarter worth about $50,000. Finally, Price T Rowe Associates Inc. MD acquired a new stake in shares of Full House Resorts in the 1st quarter worth about $57,000. 37.68% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FLL has been the topic of several recent analyst reports. B. Riley cut their price target on shares of Full House Resorts from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. JMP Securities cut 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 research note on Thursday, November 7th. Finally, Craig Hallum raised shares of Full House Resorts to a “strong-buy” rating in a research report on Wednesday, September 4th. One 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 company’s stock. According to data from MarketBeat.com, Full House Resorts currently has an average rating of “Moderate Buy” and an average target price 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.