Full House Resorts, Inc. (NASDAQ:FLL) CEO Daniel R. Lee Buys 26,000 Shares of Stock

Full House Resorts, Inc. (NASDAQ:FLL – Get Rating) CEO Daniel R. Lee acquired 26,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 12th. The shares were bought at an average price of $5.55 per share, with a total value of $144,300.00. Following the acquisition, the chief executive officer now directly owns 1,068,165 shares of the company’s stock, valued at approximately $5,928,315.75. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

FLL opened at $6.79 on Friday. The company has a market capitalization of $233.03 million, a price-to-earnings ratio of 16.17 and a beta of 1.93. The company has a quick ratio of 7.19, a current ratio of 10.04 and a debt-to-equity ratio of 3.56. The firm has a 50-day moving average price of $9.09 and a 200-day moving average price of $9.60. Full House Resorts, Inc. has a twelve month low of $5.27 and a twelve month high of $12.57.

Full House Resorts (NASDAQ:FLL – Get Rating) last posted its earnings results on Monday, May 9th. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.04. Full House Resorts had a net margin of 8.51% and a return on equity of 14.01%. During the same period in the prior year, the business earned ($0.13) earnings per share. On average, sell-side analysts expect that Full House Resorts, Inc. will post 0.12 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the company. US Bancorp DE purchased a new position in shares of Full House Resorts in the third quarter worth about $25,000. Royal Bank of Canada boosted its position in shares of Full House Resorts by 55.0% in the third quarter. Royal Bank of Canada now owns 3,473 shares of the company’s stock valued at $37,000 after acquiring an additional 1,233 shares during the period. Bank of America Corp DE boosted its position in shares of Full House Resorts by 6,157.0% in the second quarter. Bank of America Corp DE now owns 6,257 shares of the company’s stock valued at $62,000 after acquiring an additional 6,157 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of Full House Resorts by 492.9% in the third quarter. BNP Paribas Arbitrage SA now owns 7,471 shares of the company’s stock valued at $79,000 after acquiring an additional 6,211 shares during the period. Finally, LPL Financial LLC bought a new position in shares of Full House Resorts in the third quarter valued at approximately $107,000. Hedge funds and other institutional investors own 61.37% of the company’s stock.

A number of analysts recently issued reports on the stock. StockNews.com upgraded shares of Full House Resorts from a “hold” rating to a “buy” rating in a report on Tuesday, April 12th. B. Riley assumed coverage on shares of Full House Resorts in a report on Tuesday, April 19th. They set a “buy” rating and a $20.00 price objective for the company. Finally, Craig Hallum decreased their price objective on shares of Full House Resorts from $18.00 to $13.00 in a report on Tuesday.

Full House Resorts Company Profile (Get Rating)

Full House Resorts, Inc owns, develops, invests in, operates, manages, and leases casinos, and related hospitality and entertainment facilities in the United States. The company owns and operates the Silver Slipper Casino and Hotel in Hancock County, Mississippi, which has 757 slot machines and 24 table games, a surface parking lot, and a 129 hotel rooms; an on-site sportsbook, a fine-dining restaurant, a buffet, and a quick-service restaurant, as well as an oyster bar, a casino bar, and a beachfront bar; and 37-space beachfront RV park.

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