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

Full House Resorts, Inc. (NASDAQ:FLL) Director Eric J. Green bought 25,000 shares of Full House Resorts stock in a transaction dated Tuesday, May 13th. The shares were bought at an average price of $3.40 per share, for a total transaction of $85,000.00. Following the completion of the transaction, the director now directly owns 203,523 shares of the company’s stock, valued at $691,978.20. This represents a 14.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link.

Full House Resorts Price Performance

FLL opened at $3.62 on Thursday. The company has a fifty day moving average price of $3.58 and a two-hundred day moving average price of $4.35. The firm has a market capitalization of $130.23 million, a PE ratio of -3.07 and a beta of 1.70. Full House Resorts, Inc. has a 52 week low of $2.86 and a 52 week high of $5.90. 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 (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 the consensus estimate 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 return on equity of 66.86% and a negative net margin of 14.64%.

Hedge Funds Weigh In On Full House Resorts

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. R Squared Ltd bought a new stake in shares of Full House Resorts in the 4th quarter valued at about $26,000. Bfsg LLC increased its stake in Full House Resorts by 156.7% in the fourth quarter. Bfsg LLC now owns 11,090 shares of the company’s stock valued at $45,000 after purchasing an additional 6,770 shares in the last quarter. Squarepoint Ops LLC bought a new stake in Full House Resorts in the fourth quarter valued at approximately $46,000. XTX Topco Ltd acquired a new stake in Full House Resorts in the fourth quarter worth $49,000. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Full House Resorts by 22.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,748 shares of the company’s stock worth $53,000 after purchasing an additional 2,340 shares in the last quarter. Institutional investors own 37.68% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on FLL shares. StockNews.com upgraded shares of Full House Resorts from a “sell” rating to a “hold” rating in a research report on Wednesday, March 19th. Citigroup restated an “outperform” rating on shares of Full House Resorts in a research report on Friday, March 7th. UBS Group set a $5.00 price target on Full House Resorts in a report on Friday, March 7th. Finally, JMP Securities dropped their price objective on Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating for the company in a report on Friday, May 9th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Full House Resorts 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.