Full House Resorts (NASDAQ:FLL) Receives "Market Outperform" Rating from JMP Securities

Full House Resorts (NASDAQ:FLL - Get Free Report)'s stock had its "market outperform" rating reaffirmed by equities researchers at JMP Securities in a note issued to investors on Monday,Benzinga reports. They currently have a $6.00 price target on the stock. JMP Securities' target price would suggest a potential upside of 26.05% from the stock's previous close.

Separately, B. Riley lowered their price objective on shares of Full House Resorts from $9.00 to $8.00 and set a "buy" rating for the company in a research note on Thursday, November 7th.

Full House Resorts Trading Down 0.2 %

Shares of FLL traded down $0.01 during mid-day trading on Monday, hitting $4.76. The company had a trading volume of 266,173 shares, compared to its average volume of 206,286. Full House Resorts has a 1-year low of $3.77 and a 1-year high of $5.94. The business's 50-day simple moving average is $4.52 and its 200-day simple moving average is $4.87. The stock has a market cap of $169.46 million, a PE ratio of -4.03 and a beta of 1.92. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 9.04.

Insider Activity at Full House Resorts

In related news, Director Kathleen M. Caracciolo sold 8,900 shares of the business's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $4.43, for a total transaction of $39,427.00. Following the transaction, the director now directly owns 40,997 shares of the company's stock, valued at approximately $181,616.71. The trade was a 17.84 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Lewis A. Fanger sold 7,597 shares of the stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $5.00, for a total transaction of $37,985.00. Following the completion of the sale, the chief financial officer now directly owns 254,658 shares of the company's stock, valued at $1,273,290. This trade represents a 2.90 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 61,359 shares of company stock worth $303,196. Company insiders own 12.70% of the company's stock.

Institutional Investors Weigh In On Full House Resorts

A number of large investors have recently added to or reduced their stakes in the company. Private Management Group Inc. grew its stake in Full House Resorts by 182.0% during the 4th quarter. Private Management Group Inc. now owns 1,661,159 shares of the company's stock valued at $6,778,000 after purchasing an additional 1,072,140 shares in the last quarter. One Wealth Advisors LLC bought a new position in Full House Resorts during the 4th quarter valued at $1,041,000. R Squared Ltd bought a new position in Full House Resorts during the 4th quarter valued at $26,000. SG Americas Securities LLC grew its holdings in Full House Resorts by 23.7% during the 4th quarter. SG Americas Securities LLC now owns 13,372 shares of the company's stock worth $55,000 after acquiring an additional 2,558 shares in the last quarter. Finally, Barclays PLC increased its position in shares of Full House Resorts by 268.5% in the 3rd quarter. Barclays PLC now owns 43,247 shares of the company's stock worth $217,000 after purchasing an additional 31,512 shares during the last quarter. 37.68% of the stock is owned by institutional investors and hedge funds.

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.