Caesars Entertainment (NASDAQ:CZR) Insider Edmund Quatmann, Jr. Sells 81,566 Shares

Caesars Entertainment, Inc. (NASDAQ:CZR) insider Edmund Quatmann, Jr. sold 81,566 shares of the 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 transaction, the insider directly owned 18,263 shares in the company, valued at $536,019.05. This trade represents a 81.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Caesars Entertainment Price Performance

CZR stock opened at $29.47 on Thursday. 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, Inc. has a 1 year low of $17.86 and a 1 year high of $31.58. The stock has a market capitalization of $6.00 billion, a PE ratio of -12.43 and a beta of 1.77. The company’s 50-day moving average is $27.76 and its 200-day moving average is $25.08.

Caesars Entertainment (NASDAQ:CZR) last posted its 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 during the quarter, compared to analyst estimates of $2.85 billion. During the same quarter in the prior year, the company earned ($0.54) EPS. The company’s revenue was up 2.7% on a year-over-year basis. Equities research analysts expect that Caesars Entertainment, Inc. will post -0.49 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on CZR. Citigroup increased their price objective on shares of Caesars Entertainment from $23.00 to $30.00 and gave the company a “neutral” rating in a research note on Thursday, April 16th. Texas Capital downgraded shares of Caesars Entertainment from a “strong-buy” rating to a “hold” rating in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $31.00 price objective (down from $35.00) on shares of Caesars Entertainment in a report on Monday, June 1st. Stifel Nicolaus cut their price target on shares of Caesars Entertainment from $36.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Finally, Truist Financial downgraded shares of Caesars Entertainment from a “buy” rating to a “hold” rating and cut their price target for the company from $32.00 to $31.00 in a report on Friday, May 29th. Five research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $32.80.

Caesars Entertainment News Roundup

Here are the key news stories impacting Caesars Entertainment this week:

• Positive Sentiment: Caesars highlighted a promotional event tied to its CZR Exchange brand at the Monaco Grand Prix, which may support awareness, partnerships, and premium customer engagement. CZR Exchange Hosts Exclusive VIP Trading Community Experience During Monaco Grand Prix 2026
• Neutral Sentiment: Insider buying earlier in May from director Michael E. Pegram showed some insider confidence, though the purchases were much smaller than the recent sales and are less relevant to today’s trading.
• Neutral Sentiment: Short-interest data in the feed appears inconclusive, so it does not provide a clear directional signal for the stock.
• Negative Sentiment: A shareholder-rights investigation by the Schall Law Firm over possible fiduciary-duty issues could raise legal and governance concerns for investors. CZR Investors Have the Opportunity to Join Investigation of Caesars Entertainment, Inc. with the Schall Law Firm
• Negative Sentiment: Multiple insider sales from director Michael E. Pegram and insider Edmund L. Quatmann Jr. may pressure sentiment because heavy selling can be viewed as a lack of conviction at current prices.
• Negative Sentiment: Another law firm notice about potential federal securities-law violations adds to the litigation overhang on Caesars Entertainment. Are CZR, RMAX, TBRG, SILA Obtaining Fair Deals for their Shareholders?

Hedge Funds Weigh In On Caesars Entertainment

A number of hedge funds have recently modified their holdings of CZR. Hantz Financial Services Inc. increased its position in shares of Caesars Entertainment by 110.6% in the third quarter. Hantz Financial Services Inc. now owns 971 shares of the company’s stock valued at $26,000 after acquiring an additional 510 shares during the period. Caitong International Asset Management Co. Ltd increased its position in shares of Caesars Entertainment by 456.7% during 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. increased its position in shares of Caesars Entertainment by 181.6% during the third quarter. Sunbelt Securities Inc. now owns 1,042 shares of the company’s stock valued at $28,000 after buying an additional 672 shares during the period. CoreCap Advisors LLC grew its holdings in Caesars Entertainment by 44.6% in the fourth quarter. CoreCap Advisors LLC now owns 1,581 shares of the company’s stock worth $37,000 after purchasing an additional 488 shares during the period. Finally, Stance Capital LLC purchased a new stake in Caesars Entertainment in the third quarter worth about $43,000. Hedge funds and other institutional investors own 91.79% of the company’s stock.

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.