Marnell Management LLC acquired a new position in shares of Caesars Entertainment, Inc. (NASDAQ:CZR – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 21,945 shares of the company’s stock, valued at approximately $513,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in CZR. Hantz Financial Services Inc. boosted its position in shares of Caesars Entertainment by 110.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 971 shares of the company’s stock worth $26,000 after purchasing an additional 510 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in shares of Caesars Entertainment by 456.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,119 shares of the company’s stock worth $26,000 after purchasing an additional 918 shares in the last quarter. Sunbelt Securities Inc. boosted its position in shares of Caesars Entertainment by 181.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,042 shares of the company’s stock worth $28,000 after purchasing an additional 672 shares in the last quarter. CoreCap Advisors LLC boosted its position in shares of Caesars Entertainment by 44.6% during the 4th quarter. CoreCap Advisors LLC now owns 1,581 shares of the company’s stock worth $37,000 after purchasing an additional 488 shares in the last quarter. Finally, Stance Capital LLC bought a new position in shares of Caesars Entertainment during the 3rd quarter worth about $43,000. Institutional investors own 91.79% of the company’s stock.
Insider Activity at Caesars Entertainment
In other Caesars Entertainment news, Director Michael E. Pegram sold 55,000 shares of Caesars Entertainment stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $29.20, for a total transaction of $1,606,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Edmund L. Quatmann, Jr. sold 81,566 shares of Caesars Entertainment stock in a transaction that occurred on 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 approximately $536,019.05. This represents a 81.71% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 293,463 shares of company stock worth $8,609,241. Insiders own 1.18% of the company’s stock.
Caesars Entertainment News Roundup
- 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 Price Performance
Shares of NASDAQ CZR opened at $29.49 on Monday. Caesars Entertainment, Inc. has a fifty-two week low of $17.86 and a fifty-two week high of $31.58. The stock has a market cap of $6.01 billion, a price-to-earnings ratio of -12.44 and a beta of 1.77. The company has a debt-to-equity ratio of 3.25, a quick ratio of 0.83 and a current ratio of 0.85. The firm’s 50-day simple moving average is $27.88 and its 200 day simple moving average is $25.19.
Caesars Entertainment (NASDAQ:CZR – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.24). Caesars Entertainment had a negative net margin of 4.19% and a negative return on equity of 7.88%. The business had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.85 billion. During the same period in the previous year, the business posted ($0.54) EPS. Caesars Entertainment’s revenue was up 2.7% compared to the same quarter last year. As a group, research analysts anticipate that Caesars Entertainment, Inc. will post -0.49 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on CZR shares. Citigroup increased their price objective on shares of Caesars Entertainment from $23.00 to $30.00 and gave the stock a “neutral” rating in a research report on Thursday, April 16th. Jefferies Financial Group raised their price target on shares of Caesars Entertainment from $24.00 to $26.00 and gave the company a “hold” rating in a research report on Monday, April 6th. Truist Financial cut shares of Caesars Entertainment from a “buy” rating to a “hold” rating and dropped their price target for the company from $32.00 to $31.00 in a research report on Friday, May 29th. Morgan Stanley raised their price target on shares of Caesars Entertainment from $32.00 to $34.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $31.00 price target (down from $35.00) on shares of Caesars Entertainment in a research report on Monday, June 1st. Five analysts have rated the stock with a Buy rating, thirteen have assigned 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.
Check Out Our Latest Analysis on Caesars Entertainment
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.
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