Insider Selling: Caesars Entertainment (NASDAQ:CZR) Director Sells $1,470,500.00 in Stock

Caesars Entertainment, Inc. (NASDAQ:CZR) Director Michael Pegram sold 50,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $29.41, for a total value of $1,470,500.00. Following the completion of the sale, the director directly owned 41,697 shares of the company’s stock, valued at approximately $1,226,308.77. This trade represents a 54.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Caesars Entertainment Stock Down 0.1%

Shares of NASDAQ CZR opened at $29.49 on Friday. The business has a 50-day moving average price of $27.88 and a 200 day moving average price of $25.16. The company has a quick ratio of 0.83, a current ratio of 0.85 and a debt-to-equity ratio of 3.25. The stock has a market cap of $6.01 billion, a PE ratio of -12.44 and a beta of 1.77. Caesars Entertainment, Inc. has a 52-week low of $17.86 and a 52-week high of $31.58.

Caesars Entertainment (NASDAQ:CZR) last posted its quarterly earnings data on Tuesday, April 28th. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.24). The company had revenue of $2.87 billion for the quarter, compared to analysts’ expectations of $2.85 billion. Caesars Entertainment had a negative net margin of 4.19% and a negative return on equity of 7.88%. The firm’s revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company earned ($0.54) earnings per share. Equities research analysts forecast that Caesars Entertainment, Inc. will post -0.49 earnings per share for the current year.

Analysts Set New Price Targets

CZR has been the subject of several analyst reports. Texas Capital downgraded Caesars Entertainment from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. Citigroup upped their price objective on Caesars Entertainment from $23.00 to $30.00 and gave the company a “neutral” rating in a research note on Thursday, April 16th. Wall Street Zen raised Caesars Entertainment from a “sell” rating to a “hold” rating in a research note on Saturday, April 4th. Zacks Research raised Caesars Entertainment from a “strong sell” rating to a “hold” rating in a research note on Friday, March 6th. Finally, Citizens Jmp upped their price objective on Caesars Entertainment from $34.00 to $35.00 and gave the company a “market outperform” rating in a research note on Wednesday, April 29th. Five investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Caesars Entertainment has an average rating of “Hold” and an average target price of $32.80.

Hedge Funds Weigh In On Caesars Entertainment

A number of large investors have recently modified their holdings of the business. Cyrus Capital Partners L.P. purchased a new position in shares of Caesars Entertainment during the 1st quarter worth approximately $37,795,000. Edgestream Partners L.P. purchased a new position in shares of Caesars Entertainment during the 1st quarter worth approximately $2,225,000. Janus Henderson Group PLC raised its stake in shares of Caesars Entertainment by 5.8% during the 1st quarter. Janus Henderson Group PLC now owns 6,529,700 shares of the company’s stock worth $172,582,000 after buying an additional 355,760 shares in the last quarter. Amundi raised its stake in shares of Caesars Entertainment by 205.1% during the 1st quarter. Amundi now owns 1,587,634 shares of the company’s stock worth $41,961,000 after buying an additional 1,067,259 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Caesars Entertainment by 59.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,882 shares of the company’s stock worth $50,000 after buying an additional 702 shares in the last quarter. 91.79% of the stock is owned by hedge funds and other institutional investors.

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.