Eric J. Green Purchases 25,000 Shares of Full House Resorts, Inc. (NASDAQ:FLL) Stock

Full House Resorts, Inc. (NASDAQ:FLL) Director Eric J. Green acquired 25,000 shares of the stock in a transaction on Tuesday, May 13th. The shares were acquired at an average price of $3.40 per share, with a total value of $85,000.00. Following the purchase, the director now owns 203,523 shares in the company, valued at $691,978.20. This represents a 14.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Full House Resorts Trading Up 1.4%

Full House Resorts stock opened at $3.67 on Friday. The firm’s 50-day moving average is $3.55 and its 200-day moving average is $4.34. The company has a debt-to-equity ratio of 9.04, a quick ratio of 0.83 and a current ratio of 0.87. Full House Resorts, Inc. has a 1 year low of $2.86 and a 1 year high of $5.90. The company has a market cap of $132.03 million, a P/E ratio of -3.11 and a beta of 1.70.

Full House Resorts (NASDAQ:FLL) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.27) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.02. Full House Resorts had a negative net margin of 14.64% and a negative return on equity of 66.86%. The company had revenue of $65.36 million for the quarter, compared to the consensus estimate of $80.96 million.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. MetLife Investment Management LLC acquired a new stake in shares of Full House Resorts in the 1st quarter worth about $86,000. American Century Companies Inc. increased its holdings in shares of Full House Resorts by 33.1% in the 1st quarter. American Century Companies Inc. now owns 474,048 shares of the company’s stock worth $1,982,000 after acquiring an additional 117,936 shares during the period. Nuveen LLC acquired a new stake in shares of Full House Resorts in the 1st quarter worth about $541,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Full House Resorts by 7.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 95,366 shares of the company’s stock worth $399,000 after acquiring an additional 7,013 shares during the period. Finally, R Squared Ltd increased its holdings in shares of Full House Resorts by 69.3% in the 1st quarter. R Squared Ltd now owns 10,748 shares of the company’s stock worth $45,000 after acquiring an additional 4,398 shares during the period. 37.68% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

FLL has been the topic of a number of research analyst reports. Citigroup reiterated an “outperform” rating on shares of Full House Resorts in a research note on Friday, March 7th. UBS Group set a $5.00 price target on Full House Resorts in a report on Friday, March 7th. StockNews.com upgraded Full House Resorts from a “sell” rating to a “hold” rating in a research note on Wednesday, March 19th. Finally, JMP Securities lowered their target price on shares of Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating for the company in a research note on Friday, May 9th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $5.67.

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.