Full House Resorts, Inc. (NASDAQ:FLL) Director Eric J. Green Buys 25,000 Shares

Full House Resorts, Inc. (NASDAQ:FLL) Director Eric J. Green acquired 25,000 shares of the business’s stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average price of $3.40 per share, for a total transaction of $85,000.00. Following the acquisition, the director now directly 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 legal filing with the SEC, which is available at this link.

Full House Resorts Trading Down 1.4%

NASDAQ:FLL opened at $3.62 on Thursday. The company has a market cap of $130.23 million, a P/E ratio of -3.07 and a beta of 1.70. Full House Resorts, Inc. has a twelve month low of $2.86 and a twelve month high of $5.90. The business has a 50 day moving average price of $3.58 and a two-hundred day moving average price of $4.35. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 9.04.

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

Institutional Investors Weigh In On Full House Resorts

Several institutional investors and hedge funds have recently added to or reduced their stakes in FLL. Private Management Group Inc. grew its holdings in shares of Full House Resorts by 182.0% in the 4th quarter. Private Management Group Inc. now owns 1,661,159 shares of the company’s stock valued at $6,778,000 after acquiring an additional 1,072,140 shares in the last quarter. Rangeley Capital LLC acquired a new position in Full House Resorts during the fourth quarter valued at approximately $3,215,000. Orvieto Partners L.P. bought a new position in Full House Resorts in the fourth quarter valued at approximately $2,776,000. One Wealth Advisors LLC increased its position in shares of Full House Resorts by 127.0% during the 1st quarter. One Wealth Advisors LLC now owns 578,962 shares of the company’s stock worth $2,420,000 after purchasing an additional 323,931 shares during the last quarter. Finally, Catawba River Capital increased its position in shares of Full House Resorts by 14.1% during the 4th quarter. Catawba River Capital now owns 1,563,124 shares of the company’s stock worth $6,378,000 after purchasing an additional 193,067 shares during the last quarter. 37.68% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on FLL. StockNews.com upgraded shares of Full House Resorts from a “sell” rating to a “hold” rating in a report on Wednesday, March 19th. JMP Securities dropped their price objective on shares of Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating on the stock in a report on Friday, May 9th. Citigroup reaffirmed an “outperform” rating on shares of Full House Resorts in a research report on Friday, March 7th. Finally, UBS Group set a $5.00 target price on Full House Resorts in a report on Friday, March 7th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price 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.