Full House Resorts, Inc. (NASDAQ:FLL) CFO Sells $485,063.04 in Stock

Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger sold 104,992 shares of the company’s stock in a transaction on Friday, January 24th. The stock was sold at an average price of $4.62, for a total value of $485,063.04. Following the transaction, the chief financial officer now directly owns 254,658 shares in the company, valued at approximately $1,176,519.96. This represents a 29.19 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Full House Resorts Trading Up 5.0 %

Full House Resorts stock traded up $0.24 during mid-day trading on Tuesday, hitting $5.00. 165,901 shares of the company’s stock were exchanged, compared to its average volume of 203,906. Full House Resorts, Inc. has a fifty-two week low of $3.77 and a fifty-two week high of $5.94. The company’s 50 day simple moving average is $4.53 and its 200-day simple moving average is $4.87. The firm has a market capitalization of $178 million, a P/E ratio of -4.24 and a beta of 1.92. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 9.04.

Analysts Set New Price Targets

FLL has been the subject of a number of research reports. JMP Securities reiterated a “market outperform” rating and issued a $6.00 price objective on shares of Full House Resorts in a research report on Monday. 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.

Hedge Funds Weigh In On Full House Resorts

Institutional investors and hedge funds have recently modified their holdings of the business. R Squared Ltd acquired a new position in shares of Full House Resorts during the fourth quarter worth about $26,000. B. Riley Wealth Advisors Inc. bought a new stake in Full House Resorts in the 2nd quarter valued at approximately $50,000. KG&L Capital Management LLC acquired a new position in Full House Resorts during the 3rd quarter worth approximately $50,000. SG Americas Securities LLC bought a new position in shares of Full House Resorts during the 3rd quarter worth approximately $54,000. Finally, Barclays PLC raised its holdings 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 purchasing an additional 31,512 shares during the last quarter. 37.68% of the stock is currently owned by institutional investors and hedge funds.

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.