Caesars Entertainment (NASDAQ:CZR) Sees Unusually-High Trading Volume – What’s Next?

Posted by Stanley Muller on Aug 12th, 2026

Caesars Entertainment, Inc. (NASDAQ:CZR – Get Free Report) shares saw unusually-high trading volume on Wednesday . 7,062,327 shares traded hands during mid-day trading, an increase of 20% from the previous session’s volume of 5,878,859 shares.The stock last traded at $29.6750 and had previously closed at $29.74.

Wall Street Analyst Weigh In

CZR has been the subject of several research reports. JPMorgan Chase & Co. restated a “neutral” rating and set a $31.00 price target (down from $35.00) on shares of Caesars Entertainment in a report on Friday, May 29th. Stifel Nicolaus lowered shares of Caesars Entertainment from a “buy” rating to a “hold” rating and set a $31.00 target price on the stock. in a research note on Monday, June 15th. Citigroup increased their price objective on Caesars Entertainment from $23.00 to $30.00 and gave the company a “neutral” rating in a research report on Thursday, April 16th. Susquehanna raised Caesars Entertainment from a “positive” rating to a “positive” rating in a report on Friday, May 29th. Finally, Texas Capital cut shares of Caesars Entertainment from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. Two research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Caesars Entertainment currently has a consensus rating of “Hold” and an average price target of $30.71.

Get Our Latest Stock Report on Caesars Entertainment

Caesars Entertainment Stock Performance

The company has a quick ratio of 0.83, a current ratio of 0.85 and a debt-to-equity ratio of 3.70. The stock’s fifty day moving average is $29.79 and its 200-day moving average is $26.97. The stock has a market cap of $6.04 billion, a price-to-earnings ratio of -13.00 and a beta of 1.77.

Caesars Entertainment (NASDAQ:CZR – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.35). The firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.98 billion. Caesars Entertainment had a negative net margin of 3.99% and a negative return on equity of 7.64%. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the firm earned ($0.39) earnings per share. On average, analysts forecast that Caesars Entertainment, Inc. will post -0.9 EPS for the current year.

Insider Buying and Selling

In related news, Director Michael E. Pegram sold 16,897 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $29.46, for a total transaction of $497,785.62. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Edmund L. Quatmann, Jr. sold 81,566 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $29.35, for a total transaction of $2,393,962.10. Following the sale, the insider directly owned 18,263 shares of the company’s stock, valued at $536,019.05. This represents a 81.71% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 293,463 shares of company stock valued at $8,609,241. Corporate insiders own 1.18% of the company’s stock.

Institutional Investors Weigh In On Caesars Entertainment

Several large investors have recently added to or reduced their stakes in the business. Pictet Asset Management Holding SA grew its stake in shares of Caesars Entertainment by 1.2% in the 1st quarter. Pictet Asset Management Holding SA now owns 31,307 shares of the company’s stock valued at $827,000 after buying an additional 363 shares during the period. Teachers Retirement System of The State of Kentucky grew its stake in Caesars Entertainment by 1.0% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 52,133 shares of the company’s stock valued at $1,220,000 after acquiring an additional 493 shares during the period. Corient Private Wealth LLC raised its position in shares of Caesars Entertainment by 3.5% during the second quarter. Corient Private Wealth LLC now owns 16,155 shares of the company’s stock worth $459,000 after purchasing an additional 549 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Caesars Entertainment by 1.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 41,008 shares of the company’s stock worth $959,000 after purchasing an additional 562 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its position in Caesars Entertainment by 181.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,042 shares of the company’s stock valued at $28,000 after purchasing an additional 672 shares during the period. Institutional investors and hedge funds own 91.79% of the company’s stock.

About Caesars Entertainment

(Get Free Report)

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.