Caesars Entertainment (NASDAQ:CZR) Director Buys $114,129.00 in Stock

Caesars Entertainment, Inc. (NASDAQ:CZR) Director Michael Pegram bought 2,700 shares of the business’s stock in a transaction that occurred on Tuesday, May 16th. The stock was purchased at an average price of $42.27 per share, for a total transaction of $114,129.00. Following the completion of the acquisition, the director owned 15,200 shares in the company, valued at $642,504. This represents a 21.60% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Caesars Entertainment Price Performance

Shares of CZR opened at $29.49 on Friday. Caesars Entertainment, Inc. has a 12-month low of $17.86 and a 12-month high of $31.58. The business’s fifty day moving average is $27.88 and its 200 day moving average is $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 P/E ratio of -12.44 and a beta of 1.77.

Caesars Entertainment (NASDAQ:CZR) last issued its earnings results on Tuesday, April 28th. The company reported ($0.48) earnings per share (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 firm had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.85 billion. During the same quarter in the prior year, the business earned ($0.54) earnings per share. Caesars Entertainment’s revenue for the quarter was up 2.7% on a year-over-year basis. Sell-side analysts anticipate that Caesars Entertainment, Inc. will post -0.49 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Caesars Entertainment

Several large investors have recently made changes to their positions in CZR. AQR Capital Management LLC increased its position in shares of Caesars Entertainment by 47.7% during the 1st quarter. AQR Capital Management LLC now owns 39,297 shares of the company’s stock valued at $953,000 after purchasing an additional 12,698 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Caesars Entertainment by 8.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,830 shares of the company’s stock valued at $496,000 after purchasing an additional 1,623 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Caesars Entertainment by 106.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,599,273 shares of the company’s stock worth $39,982,000 after acquiring an additional 826,356 shares during the last quarter. Woodline Partners LP increased its holdings in Caesars Entertainment by 40.7% in the 1st quarter. Woodline Partners LP now owns 17,952 shares of the company’s stock worth $449,000 after acquiring an additional 5,192 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Caesars Entertainment by 0.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 506,585 shares of the company’s stock worth $12,665,000 after acquiring an additional 3,198 shares during the last quarter. 91.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on CZR shares. Wall Street Zen upgraded Caesars Entertainment from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. Texas Capital cut Caesars Entertainment from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. Zacks Research upgraded Caesars Entertainment from a “strong sell” rating to a “hold” rating in a research note on Friday, March 6th. Citigroup raised 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. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Caesars Entertainment in a research note on Monday, May 18th. Five equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $32.80.

More 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.

Caesars Entertainment Company Profile

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.