Insider Selling: Caesars Entertainment (NASDAQ:CZR) Director Sells $730,856.00 in Stock

Caesars Entertainment, Inc. (NASDAQ:CZR) Director Michael Pegram sold 24,800 shares of Caesars Entertainment stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $29.47, for a total value of $730,856.00. Following the completion of the transaction, the director owned 16,897 shares of the company’s stock, valued at approximately $497,954.59. The trade was a 59.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Caesars Entertainment Stock Performance

CZR stock opened at $29.49 on Monday. The stock’s 50 day simple moving average is $27.88 and its 200 day simple moving average is $25.19. Caesars Entertainment, Inc. has a 12-month low of $17.86 and a 12-month high of $31.58. The firm has a market cap of $6.01 billion, a P/E ratio of -12.44 and a beta of 1.77. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 3.25.

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). 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 during the quarter, compared to analyst estimates of $2.85 billion. During the same period in the prior year, the firm earned ($0.54) EPS. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. As a group, equities research analysts predict that Caesars Entertainment, Inc. will post -0.49 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CZR. Susquehanna raised shares of Caesars Entertainment from a “positive” rating to a “positive” rating in a research report on Friday, May 29th. Citigroup raised their target price on shares of Caesars Entertainment from $23.00 to $30.00 and gave the stock a “neutral” rating in a report on Thursday, April 16th. Raymond James Financial lowered Caesars Entertainment from a “strong-buy” rating to a “market perform” rating in a report on Friday, May 29th. Truist Financial downgraded Caesars Entertainment from a “buy” rating to a “hold” rating and cut their price target for the stock from $32.00 to $31.00 in a report on Friday, May 29th. Finally, Jefferies Financial Group boosted their price objective on Caesars Entertainment from $24.00 to $26.00 and gave the company a “hold” rating in a research report on Monday, April 6th. Five investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $32.80.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. ING Groep NV lifted its holdings in Caesars Entertainment by 80.2% in the third quarter. ING Groep NV now owns 599,854 shares of the company’s stock worth $16,211,000 after purchasing an additional 266,917 shares during the period. Assenagon Asset Management S.A. increased its stake in Caesars Entertainment by 317.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 3,274,430 shares of the company’s stock valued at $76,589,000 after buying an additional 2,490,924 shares during the period. Capital World Investors increased its stake in Caesars Entertainment by 29.8% during the 3rd quarter. Capital World Investors now owns 16,193,070 shares of the company’s stock valued at $437,622,000 after buying an additional 3,716,148 shares during the period. SG Americas Securities LLC raised its position in shares of Caesars Entertainment by 61.9% during the 4th quarter. SG Americas Securities LLC now owns 1,097,763 shares of the company’s stock worth $25,677,000 after buying an additional 419,617 shares in the last quarter. Finally, HighVista Strategies LLC bought a new stake in shares of Caesars Entertainment during the 3rd quarter worth about $1,162,000. 91.79% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about 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.