Lewis A. Fanger Acquires 15,000 Shares of Full House Resorts, Inc. (FLL) Stock

Full House Resorts, Inc. (NASDAQ:FLL) CFO Lewis A. Fanger acquired 15,000 shares of the stock in a transaction that occurred on Thursday, December 13th. The stock was purchased at an average cost of $2.22 per share, with a total value of $33,300.00. Following the completion of the acquisition, the chief financial officer now owns 39,000 shares of the company’s stock, valued at $86,580. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

FLL stock traded down $0.04 during midday trading on Friday, reaching $2.17. The company had a trading volume of 42,294 shares, compared to its average volume of 48,734. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.27 and a current ratio of 1.33. Full House Resorts, Inc. has a fifty-two week low of $1.99 and a fifty-two week high of $4.10.

Full House Resorts (NASDAQ:FLL) last issued its earnings results on Wednesday, November 7th. The company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.02). The company had revenue of $44.03 million during the quarter, compared to analyst estimates of $41.89 million. Full House Resorts had a negative net margin of 4.39% and a negative return on equity of 7.57%. On average, research analysts forecast that Full House Resorts, Inc. will post -0.08 EPS for the current year.

A number of equities analysts have commented on the company. Roth Capital assumed coverage on Full House Resorts in a research note on Thursday, September 20th. They issued a “buy” rating and a $4.50 target price for the company. ValuEngine downgraded Full House Resorts from a “buy” rating to a “hold” rating in a research note on Friday, September 7th. Finally, Zacks Investment Research upgraded Full House Resorts from a “hold” rating to a “buy” rating and set a $2.75 target price for the company in a research note on Tuesday, November 20th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $3.75.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Teton Advisors Inc. boosted its position in shares of Full House Resorts by 2.4% during the third quarter. Teton Advisors Inc. now owns 1,095,040 shares of the company’s stock worth $3,154,000 after buying an additional 25,744 shares during the period. Renaissance Technologies LLC boosted its position in shares of Full House Resorts by 5.4% during the second quarter. Renaissance Technologies LLC now owns 935,382 shares of the company’s stock worth $3,115,000 after buying an additional 47,669 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Full House Resorts by 3.8% during the third quarter. Russell Investments Group Ltd. now owns 913,744 shares of the company’s stock worth $2,633,000 after buying an additional 33,860 shares during the period. Gabelli Funds LLC boosted its position in shares of Full House Resorts by 3.6% during the third quarter. Gabelli Funds LLC now owns 662,828 shares of the company’s stock worth $1,909,000 after buying an additional 22,806 shares during the period. Finally, Gamco Investors INC. ET AL boosted its position in shares of Full House Resorts by 11.7% during the second quarter. Gamco Investors INC. ET AL now owns 458,000 shares of the company’s stock worth $1,525,000 after buying an additional 48,000 shares during the period. Institutional investors and hedge funds own 46.29% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Lewis A. Fanger Acquires 15,000 Shares of Full House Resorts, Inc. (FLL) Stock” was originally reported by WKRB News and is owned by of WKRB News. If you are accessing this article on another website, it was illegally stolen and republished in violation of U.S. and international copyright law. The legal version of this article can be viewed at https://www.wkrb13.com/2018/12/16/lewis-a-fanger-acquires-15000-shares-of-full-house-resorts-inc-fll-stock.html.

About Full House Resorts

Full House Resorts, Inc owns, operates, develops, manages, leases, and/or invests in 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 approximately 37,000 square feet of gaming space, a surface parking lot, approximately 800-space parking garage, and 129-rooms, as well as a fine-dining restaurant, a buffet, a quick-service restaurant, and oyster and casino bars.

Further Reading: What is the LIBOR?

Receive News & Ratings for Full House Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Full House Resorts and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply