Caesars Entertainment (NASDAQ:CZR) Shares Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of Caesars Entertainment, Inc. NASDAQ: CZR. In a filing disclosed on April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Caesars Entertainment stock on March 31st. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/31/2025.
• Purchased $50,001 - $100,000 in shares of Block NYSE: XYZ on 3/31/2025.
• Sold $15,001 - $50,000 in shares of DuPont de Nemours NYSE: DD on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of United Community Banks NASDAQ: UCB on 3/31/2025.
• Sold $15,001 - $50,000 in shares of IDEX NYSE: IEX on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of HNI NYSE: HNI on 3/31/2025.
• Sold $50,001 - $100,000 in shares of ServiceNow NYSE: NOW on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Coinbase Global NASDAQ: COIN on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Constellation Energy NASDAQ: CEG on 3/31/2025.
• Sold $50,001 - $100,000 in shares of Simon Property Group NYSE: SPG on 3/31/2025.

Caesars Entertainment Stock Up 3.1 %

Shares of NASDAQ:CZR traded up $0.77 during midday trading on Friday, reaching $25.52. The company had a trading volume of 3,721,128 shares, compared to its average volume of 4,823,868. Caesars Entertainment, Inc. has a 1-year low of $21.40 and a 1-year high of $45.93. The stock has a market cap of $5.41 billion, a PE ratio of -15.28 and a beta of 2.67. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 2.84. The business's 50 day moving average price is $29.30 and its 200 day moving average price is $34.75.

Caesars Entertainment (NASDAQ:CZR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.15) by $0.20. Caesars Entertainment had a negative return on equity of 4.44% and a negative net margin of 3.20%. The company had revenue of $2.80 billion for the quarter, compared to analysts' expectations of $2.81 billion. Research analysts forecast that Caesars Entertainment, Inc. will post -0.77 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Capital One Financial raised Caesars Entertainment from an "equal weight" rating to an "overweight" rating and decreased their target price for the stock from $51.00 to $47.00 in a report on Thursday, April 3rd. Macquarie reduced their target price on shares of Caesars Entertainment from $47.00 to $46.00 and set an "outperform" rating for the company in a report on Wednesday, February 26th. Stifel Nicolaus lowered their price target on shares of Caesars Entertainment from $54.00 to $51.00 and set a "buy" rating on the stock in a report on Thursday, January 23rd. Wells Fargo & Company decreased their target price on Caesars Entertainment from $53.00 to $50.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 26th. Finally, Jefferies Financial Group reduced their price target on Caesars Entertainment from $52.00 to $43.00 and set a "buy" rating for the company in a research note on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Caesars Entertainment has an average rating of "Moderate Buy" and a consensus price target of $47.14.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CZR. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Caesars Entertainment by 1.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 38,504 shares of the company's stock worth $1,287,000 after purchasing an additional 408 shares in the last quarter. Arizona State Retirement System boosted its holdings in shares of Caesars Entertainment by 0.8% during the 4th quarter. Arizona State Retirement System now owns 62,785 shares of the company's stock valued at $2,098,000 after acquiring an additional 470 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. increased its holdings in Caesars Entertainment by 6.1% in the fourth quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 8,700 shares of the company's stock valued at $291,000 after purchasing an additional 500 shares during the period. Contrarian Capital Management L.L.C. raised its position in Caesars Entertainment by 0.4% during the 4th quarter. Contrarian Capital Management L.L.C. now owns 118,000 shares of the company's stock worth $3,944,000 after purchasing an additional 500 shares during the last quarter. Finally, Fifth Lane Capital LP lifted its holdings in Caesars Entertainment by 6.3% during the 4th quarter. Fifth Lane Capital LP now owns 8,500 shares of the company's stock worth $284,000 after buying an additional 500 shares during the period. Institutional investors and hedge funds own 91.79% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Caesars Entertainment Company Profile

Caesars Entertainment, Inc operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno.