Full House Resorts, Inc. (NASDAQ:FLL) Director Carl G. Braunlich Sells 3,000 Shares of Stock

Full House Resorts, Inc. (NASDAQ:FLL – Get Rating) Director Carl G. Braunlich sold 3,000 shares of the business’s stock in a transaction on Wednesday, March 15th. The stock was sold at an average price of $7.54, for a total value of $22,620.00. Following the completion of the transaction, the director now directly owns 16,718 shares of the company’s stock, valued at $126,053.72. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Full House Resorts Stock Up 0.8 %

NASDAQ:FLL traded up $0.06 during mid-day trading on Friday, hitting $7.67. 154,055 shares of the company’s stock traded hands, compared to its average volume of 94,305. The company has a fifty day moving average of $9.03 and a 200 day moving average of $7.62. Full House Resorts, Inc. has a twelve month low of $4.82 and a twelve month high of $10.74. The company has a market capitalization of $263.85 million, a P/E ratio of -17.84 and a beta of 1.83. The company has a debt-to-equity ratio of 3.79, a quick ratio of 5.90 and a current ratio of 5.94.

Wall Street Analyst Weigh In

FLL has been the subject of several recent research reports. JMP Securities reissued a “market outperform” rating and issued a $13.00 price target on shares of Full House Resorts in a research report on Wednesday, March 8th. TheStreet raised Full House Resorts from a “d+” rating to a “c” rating in a research report on Wednesday, February 8th. Finally, StockNews.com raised Full House Resorts from a “sell” rating to a “hold” rating in a research report on Friday, March 10th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. increased its position in Full House Resorts by 0.7% during the 1st quarter. BlackRock Inc. now owns 2,050,586 shares of the company’s stock valued at $19,706,000 after buying an additional 14,940 shares in the last quarter. Vanguard Group Inc. grew its stake in Full House Resorts by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 1,662,008 shares of the company’s stock valued at $15,972,000 after purchasing an additional 13,151 shares during the last quarter. Wasatch Advisors Inc. grew its stake in Full House Resorts by 1.1% during the 1st quarter. Wasatch Advisors Inc. now owns 1,342,574 shares of the company’s stock valued at $12,902,000 after purchasing an additional 13,960 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Full House Resorts by 3,475.7% during the 4th quarter. JPMorgan Chase & Co. now owns 642,375 shares of the company’s stock valued at $4,831,000 after purchasing an additional 624,410 shares during the last quarter. Finally, Beach Point Capital Management LP grew its stake in Full House Resorts by 25.6% during the 4th quarter. Beach Point Capital Management LP now owns 610,364 shares of the company’s stock valued at $4,590,000 after purchasing an additional 124,445 shares during the last quarter. 43.87% of the stock is owned by institutional investors and hedge funds.

About Full House Resorts

(Get Rating)

Full House Resorts, Inc engages in the ownership, leasing, development, operation, and management of gaming, hospitality, and entertainment facilities. It operates through the following segments: Silver Slipper Casino and Hotel, Bronco Billy’s Casino and Hotel, Rising Star Casino Resort and Northern Nevada.