Caesars Entertainment Co. (NASDAQ:CZR) VP Les Ottolenghi sold 17,240 shares of the stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $11.44, for a total value of $197,225.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Les Ottolenghi also recently made the following trade(s):

  • On Monday, August 12th, Les Ottolenghi sold 17,375 shares of Caesars Entertainment stock. The stock was sold at an average price of $11.49, for a total value of $199,638.75.

CZR stock traded down $0.01 during midday trading on Thursday, hitting $11.45. 7,871,010 shares of the company traded hands, compared to its average volume of 24,223,525. Caesars Entertainment Co. has a twelve month low of $5.84 and a twelve month high of $12.23. The company has a quick ratio of 1.13, a current ratio of 1.15 and a debt-to-equity ratio of 6.69. The firm’s 50 day simple moving average is $11.84. The company has a market cap of $7.78 billion, a PE ratio of -60.26 and a beta of 1.40.

A number of hedge funds have recently made changes to their positions in the business. Canyon Capital Advisors LLC boosted its position in shares of Caesars Entertainment by 10.9% in the first quarter. Canyon Capital Advisors LLC now owns 77,581,861 shares of the company’s stock valued at $674,186,000 after acquiring an additional 7,610,629 shares during the period. Omni Partners LLP bought a new stake in shares of Caesars Entertainment in the second quarter valued at approximately $86,908,000. Alpine Associates Management Inc. boosted its position in shares of Caesars Entertainment by 2,876.5% in the second quarter. Alpine Associates Management Inc. now owns 7,227,000 shares of the company’s stock valued at $85,423,000 after acquiring an additional 6,984,200 shares during the period. Eagle Asset Management Inc. boosted its position in shares of Caesars Entertainment by 74.1% in the second quarter. Eagle Asset Management Inc. now owns 8,413,040 shares of the company’s stock valued at $99,442,000 after acquiring an additional 3,580,046 shares during the period. Finally, Carillon Tower Advisers Inc. boosted its position in shares of Caesars Entertainment by 79.8% in the second quarter. Carillon Tower Advisers Inc. now owns 6,117,162 shares of the company’s stock valued at $72,304,000 after acquiring an additional 2,715,429 shares during the period.

A number of equities analysts recently commented on CZR shares. Deutsche Bank restated a “buy” rating and issued a $13.00 price objective on shares of Caesars Entertainment in a report on Wednesday, August 7th. SunTrust Banks downgraded Caesars Entertainment from a “buy” rating to a “hold” rating and set a $12.75 price objective on the stock. in a report on Tuesday, June 25th. Nomura downgraded Caesars Entertainment from a “buy” rating to a “neutral” rating and set a $12.00 price objective on the stock. in a report on Tuesday, June 25th. BidaskClub upgraded Caesars Entertainment from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Finally, Zacks Investment Research downgraded Caesars Entertainment from a “buy” rating to a “hold” rating in a report on Friday, July 19th. Eight investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Caesars Entertainment has a consensus rating of “Hold” and a consensus price target of $12.08.

About Caesars Entertainment

Caesars Entertainment Corporation, through its subsidiaries, provides casino-entertainment and hospitality services in the United States and internationally. The company operates 39,000 slot machines and 2,700 table games, as well as other games comprising keno, poker, and race and sports books; and approximately 180 buffets, restaurants, bars, nightclubs, and lounges located throughout its casinos, as well as banquets and room service.

Featured Story: SEC Filing

Insider Buying and Selling by Quarter for Caesars Entertainment (NASDAQ:CZR)

Receive News & Ratings for Caesars Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caesars Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.