Investors Purchase High Volume of Call Options on Caesars Entertainment (NASDAQ:CZR)

Posted by Francis Steltz on Jun 25th, 2026

Caesars Entertainment, Inc. (NASDAQ:CZR – Get Free Report) saw unusually large options trading on Thursday. Stock traders purchased 18,430 call options on the stock. This is an increase of 46% compared to the average volume of 12,586 call options.

Insiders Place Their Bets

In related news, Director Michael E. Pegram sold 55,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $29.20, for a total value of $1,606,000.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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. Insiders sold 293,463 shares of company stock worth $8,609,241 in the last 90 days. 1.18% of the stock is owned by company insiders.

Institutional Investors Weigh In On Caesars Entertainment

Hedge funds have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd lifted its stake in Caesars Entertainment by 456.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,119 shares of the company’s stock valued at $26,000 after buying an additional 918 shares during the period. Sunbelt Securities Inc. grew its position in shares of Caesars Entertainment by 181.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,042 shares of the company’s stock worth $28,000 after buying an additional 672 shares during the period. CoreCap Advisors LLC increased its stake in shares of Caesars Entertainment by 44.6% in the 4th quarter. CoreCap Advisors LLC now owns 1,581 shares of the company’s stock valued at $37,000 after acquiring an additional 488 shares in the last quarter. Hantz Financial Services Inc. increased its stake in shares of Caesars Entertainment by 87.1% in the 4th quarter. Hantz Financial Services Inc. now owns 1,817 shares of the company’s stock valued at $42,000 after acquiring an additional 846 shares in the last quarter. Finally, Stance Capital LLC acquired a new position in shares of Caesars Entertainment during the 3rd quarter valued at $43,000. 91.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on CZR. Wall Street Zen upgraded shares of Caesars Entertainment from a “sell” rating to a “hold” rating in a research report on Saturday, April 4th. Jefferies Financial Group lifted their price target on Caesars Entertainment from $24.00 to $26.00 and gave the company a “hold” rating in a research note on Monday, April 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Caesars Entertainment in a research report on Monday, May 18th. Truist Financial downgraded Caesars Entertainment from a “buy” rating to a “hold” rating and lowered their target price for the stock from $32.00 to $31.00 in a research note on Friday, May 29th. Finally, Susquehanna raised shares of Caesars Entertainment from a “positive” rating to a “positive” rating in a research note on Friday, May 29th. Four equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $32.53.

Check Out Our Latest Research Report on Caesars Entertainment

Caesars Entertainment Trading Up 3.4%

CZR stock traded up $1.01 during midday trading on Thursday, hitting $30.61. The stock had a trading volume of 6,735,406 shares, compared to its average volume of 6,408,874. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 3.25. The firm has a market cap of $6.23 billion, a P/E ratio of -12.90 and a beta of 1.77. The business has a fifty day moving average price of $28.31 and a two-hundred day moving average price of $25.55. Caesars Entertainment has a 1-year low of $17.86 and a 1-year high of $31.58.

Caesars Entertainment (NASDAQ:CZR – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported ($0.48) earnings per share 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 business had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.85 billion. During the same quarter in the previous year, the business posted ($0.54) earnings per share. The business’s revenue was up 2.7% on a year-over-year basis. On average, sell-side analysts predict that Caesars Entertainment will post -0.49 earnings per share for the current fiscal year.

Caesars Entertainment Company Profile

(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.

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