Eric J. Green Purchases 10,000 Shares of Full House Resorts, Inc. (NASDAQ:FLL) Stock

Key Points

• Eric J. Green, a director at Full House Resorts, purchased 10,000 shares of the company's stock at an average price of $3.54 per share, increasing his total holdings to 233,959 shares.
• Full House Resorts reported a loss of $0.29 earnings per share for the last quarter, missing analysts' expectations, and had revenue of $73.95 million, which was below estimates.
• Analysts have a consensus rating of "Moderate Buy" for Full House Resorts, with a price target averaging $5.50, reflecting a positive outlook on the stock's performance.

Full House Resorts, Inc. (NASDAQ:FLL - Get Free Report) Director Eric J. Green purchased 10,000 shares of the company's stock in a transaction on Wednesday, August 13th. The shares were bought at an average cost of $3.54 per share, with a total value of $35,400.00. Following the transaction, the director directly owned 233,959 shares of the company's stock, valued at $828,214.86. This represents a 4.47% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Full House Resorts Stock Up 4.0%

NASDAQ:FLL traded up $0.14 during trading hours on Thursday, reaching $3.60. The company's stock had a trading volume of 162,049 shares, compared to its average volume of 206,882. The company has a market cap of $130.00 million, a price-to-earnings ratio of -3.13 and a beta of 1.67. Full House Resorts, Inc. has a one year low of $2.86 and a one year high of $5.59. The business's 50-day moving average is $4.07 and its 200-day moving average is $4.01. The company has a debt-to-equity ratio of 22.08, a current ratio of 0.63 and a quick ratio of 0.67.

Full House Resorts (NASDAQ:FLL - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.09). Full House Resorts had a negative return on equity of 118.79% and a negative net margin of 13.75%. The business had revenue of $73.95 million during the quarter, compared to analyst estimates of $80.47 million.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FLL. R Squared Ltd increased its holdings in shares of Full House Resorts by 69.3% during the first quarter. R Squared Ltd now owns 10,748 shares of the company's stock worth $45,000 after buying an additional 4,398 shares in the last quarter. Squarepoint Ops LLC bought a new position in Full House Resorts in the 4th quarter worth approximately $46,000. XTX Topco Ltd bought a new position in Full House Resorts in the 4th quarter worth approximately $49,000. Price T Rowe Associates Inc. MD raised its position in Full House Resorts by 22.5% in the 4th 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 during the last quarter. Finally, Jane Street Group LLC bought a new position in Full House Resorts in the first quarter valued at approximately $54,000. Institutional investors and hedge funds own 37.68% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. JMP Securities boosted their price objective on Full House Resorts from $4.00 to $5.00 and gave the stock a "market outperform" rating in a research note on Friday, July 18th. Macquarie restated a "neutral" rating and set a $4.00 price objective on shares of Full House Resorts in a research note on Friday, August 8th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $5.50.

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.

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