Caesars Entertainment, Inc. (NASDAQ:CZR – Get Free Report) Director Michael Pegram acquired 2,500 shares of the company’s stock in a transaction that occurred on Friday, May 12th. The stock was purchased at an average price of $42.80 per share, for a total transaction of $107,000.00. Following the acquisition, the director directly owned 12,500 shares of the company’s stock, valued at $535,000. The trade was a 25.00% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
Caesars Entertainment Trading Down 0.1%
NASDAQ:CZR opened at $29.49 on Friday. The stock’s 50 day moving average price is $27.88 and its 200 day moving average price is $25.16. Caesars Entertainment, Inc. has a 52 week low of $17.86 and a 52 week high of $31.58. The company has a market capitalization of $6.01 billion, a P/E ratio of -12.44 and a beta of 1.77. The company has a debt-to-equity ratio of 3.25, a quick ratio of 0.83 and a current ratio of 0.85.
Caesars Entertainment (NASDAQ:CZR – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported ($0.48) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.24). Caesars Entertainment had a negative return on equity of 7.88% and a negative net margin of 4.19%.The firm had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.85 billion. During the same quarter in the prior year, the company posted ($0.54) EPS. The company’s quarterly revenue was up 2.7% on a year-over-year basis. On average, research analysts forecast that Caesars Entertainment, Inc. will post -0.49 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
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Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. Pictet Asset Management Holding SA raised its holdings in Caesars Entertainment by 1.2% in the 1st quarter. Pictet Asset Management Holding SA now owns 31,307 shares of the company’s stock worth $827,000 after acquiring an additional 363 shares during the period. CoreCap Advisors LLC raised its holdings in Caesars Entertainment by 44.6% in the 4th quarter. CoreCap Advisors LLC now owns 1,581 shares of the company’s stock worth $37,000 after acquiring an additional 488 shares during the period. Teachers Retirement System of The State of Kentucky raised its holdings in Caesars Entertainment by 1.0% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 52,133 shares of the company’s stock worth $1,220,000 after acquiring an additional 493 shares during the period. Hantz Financial Services Inc. raised its holdings in Caesars Entertainment by 110.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 971 shares of the company’s stock worth $26,000 after acquiring an additional 510 shares during the period. Finally, Corient Private Wealth LLC raised its holdings in Caesars Entertainment by 3.5% in the 2nd quarter. Corient Private Wealth LLC now owns 16,155 shares of the company’s stock worth $459,000 after acquiring an additional 549 shares during the period. Institutional investors own 91.79% of the company’s stock.
Key Stories Impacting Caesars Entertainment
Here are the key news stories impacting Caesars Entertainment this week:
- Positive Sentiment: Caesars highlighted promotional and brand-building activity, including an exclusive CZR Exchange VIP event tied to the Monaco Grand Prix, which may support customer engagement and awareness. CZR Exchange Hosts Exclusive VIP Trading Community Experience During Monaco Grand Prix 2026
- Neutral Sentiment: Shareholders approved directors, executive compensation, and the auditor at the annual meeting, which removes some governance uncertainty but is not a major operating catalyst.
- Negative Sentiment: Multiple law firms are investigating Caesars Entertainment over the fairness of its proposed sale to Fertitta Entertainment, creating a legal and deal-related overhang for CZR. Shareholder Alert: Ademi LLP investigates whether Caesars Entertainment, Inc. is obtaining a Fair Price for Public Shareholders
- Negative Sentiment: Recent insider selling by executives and directors, including large share disposals by Edmund Quatmann Jr. and Michael E. Pegram, may be pressuring sentiment because it can signal reduced confidence at current levels.
- Negative Sentiment: Analyst sentiment remains cautious, with the stock carrying a consensus “Hold” rating and no fresh bullish catalyst to offset the litigation and insider-sale concerns.
About Caesars Entertainment
Caesars Entertainment Corporation is a leading integrated gaming and hospitality company headquartered in Las Vegas, Nevada. The company owns and operates a global portfolio of resorts, casinos, and entertainment venues designed to deliver comprehensive hospitality experiences. Its business activities span hotel accommodations, gaming operations, food and beverage services, live events, and convention services, with a focus on delivering luxury and entertainment to both leisure and business travelers.
The company traces its lineage to the founding of Harrah’s by William F.
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