Caesars Entertainment (NASDAQ:CZR) Director Sells $497,785.62 in Stock

Caesars Entertainment, Inc. (NASDAQ:CZR) Director Michael Pegram sold 16,897 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $29.46, for a total value of $497,785.62. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Caesars Entertainment Price Performance

Shares of Caesars Entertainment stock opened at $29.49 on Monday. The firm has a market cap of $6.01 billion, a price-to-earnings ratio of -12.44 and a beta of 1.77. The stock has a 50-day simple moving average of $27.88 and a 200-day simple moving average of $25.19. Caesars Entertainment, Inc. has a 52-week low of $17.86 and a 52-week high of $31.58. The company has a debt-to-equity ratio of 3.25, a current ratio of 0.85 and a quick ratio of 0.83.

Caesars Entertainment (NASDAQ:CZR) 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). The firm had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.85 billion. Caesars Entertainment had a negative return on equity of 7.88% and a negative net margin of 4.19%.The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.54) EPS. On average, equities research analysts expect that Caesars Entertainment, Inc. will post -0.49 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CZR. Cyrus Capital Partners L.P. bought a new position in Caesars Entertainment in the 1st quarter worth $37,795,000. Edgestream Partners L.P. acquired a new stake in shares of Caesars Entertainment in the first quarter valued at about $2,225,000. Janus Henderson Group PLC grew its position in shares of Caesars Entertainment by 5.8% in the first quarter. Janus Henderson Group PLC now owns 6,529,700 shares of the company’s stock valued at $172,582,000 after purchasing an additional 355,760 shares during the last quarter. Amundi increased its stake in shares of Caesars Entertainment by 205.1% in the first quarter. Amundi now owns 1,587,634 shares of the company’s stock worth $41,961,000 after purchasing an additional 1,067,259 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Caesars Entertainment by 59.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,882 shares of the company’s stock worth $50,000 after purchasing an additional 702 shares during the period. 91.79% of the stock is currently owned by institutional investors and hedge funds.

Key Caesars Entertainment News

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.

Analyst Ratings Changes

A number of research analysts have recently weighed in on CZR shares. Barclays cut their price target on shares of Caesars Entertainment from $39.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Texas Capital downgraded shares of Caesars Entertainment from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 1st. Zacks Research raised Caesars Entertainment from a “strong sell” rating to a “hold” rating in a research report on Friday, March 6th. Truist Financial downgraded Caesars Entertainment from a “buy” rating to a “hold” rating and decreased their price target for the stock from $32.00 to $31.00 in a research note on Friday, May 29th. Finally, Jefferies Financial Group increased their price objective on Caesars Entertainment from $24.00 to $26.00 and gave the company a “hold” rating in a report on Monday, April 6th. Five analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Caesars Entertainment has an average rating of “Hold” and an average target price of $32.80.

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.