Caesars Entertainment Inc’s filing revealed that its Director MATHER COURTNEY unloaded Company’s shares for reported $24075.0 on Aug 06 ’24. In the deal valued at $34.74 per share,693 shares were sold. As a result of this transaction, MATHER COURTNEY now holds 37,650 shares worth roughly $1.24 million.
Then, FAHRENKOPF FRANK J JR sold 10,000 shares, generating $325,207 in total proceeds. Upon selling the shares at $32.52, the Director now owns 350 shares.
Before that, Biumi Bonnie bought 1,000 shares. Caesars Entertainment Inc shares valued at $32,455 were divested by the Director at a price of $32.45 per share. As a result of the transaction, Biumi Bonnie now holds 24,228 shares, worth roughly $0.8 million.
Susquehanna downgraded its Caesars Entertainment Inc [CZR] rating to a Negative from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in late May with a ‘”a Strong buy”‘ rating. JMP Securities started covering the stock on January 09, 2024. It rated CZR as “a Mkt outperform”.
Price Performance Review of CZR
On Tuesday, Caesars Entertainment Inc [NASDAQ:CZR] saw its stock fall -1.02% to $33.05. Over the last five days, the stock has gained 0.70%. Caesars Entertainment Inc shares have fallen nearly -1.11% since the year began. Nevertheless, the stocks have fallen -26.41% over the past one year. While a 52-week high of $47.99 was reached on 01/07/25, a 52-week low of $31.74 was recorded on 01/07/25. SMA at 50 days reached $37.46, while 200 days put it at $38.23.
Levels Of Support And Resistance For CZR Stock
The 24-hour chart illustrates a support level at 31.70, which if violated will result in even more drops to 30.34. On the upside, there is a resistance level at 34.37. A further resistance level may holdings at 35.68. The Relative Strength Index (RSI) on the 14-day chart is 36.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.14%. Stochastics %K at 21.41% indicates the stock is a holding.
How much short interest is there in Caesars Entertainment Inc?
A steep rise in short interest was recorded in Caesars Entertainment Inc stocks on 2024-12-13, growing by 0.64 million shares to a total of 16.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 15.37 million shares. There was a rise of 3.98%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 12, 2023 when CapitalOne began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $51 price target.
