Notable Insider Trading: Caesars Entertainment Corporation $CZR

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Caesars Entertainment Corporation (CZR) insider have most recently took part in a trading activity. On Dec 6, 2017 Boushy John M, Director bought 20,000 shares having total worth of $252,800 at the price of $12.64 per share, following the transaction a total of 20,000 shares owned by Boushy John M.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 sell activities .Furthermore, over the past 12 months , the stock was traded 2 times by insiders. In 2 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 1 0.81%
12 Month 0 2 58.03%

Shares of Caesars Entertainment Corporation (CZR) traded down 1.19% on Dec 6, 2017, hitting $12.5. 11,084,517 shares of the company’s stock traded hands. Caesars Entertainment Corporation has a 52 week low of $6.15 and a 52 week high of $13.4. The company’s market cap is $1,130 million.

Caesars Entertainment Corporation (CZR) last announced its earnings results on Nov 1, 2017. The company reported -0.09 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.20 by $0.29. The company had revenue of $986 million for the quarter, compared to the consensus estimate of $2,140 million. During the same quarter in the previous year, the company posted -4.38 earnings per share. The company’s revenue for the quarter was down 0% on a year-over-year basis.

2017-11-01 2017-08-03 2017-05-02 2017-02-14 2016-11-07 2016-08-02 2016-05-05 2016-02-23 2015-11-09 2015-08-04
earnings per share -0.09 -0.21 -1.07 -0.33 -4.38 -0.63 0.00 -0.54 0.99 0.05
Revenue(M) 986 1002 963 949 986 1230 0 1119 1141 1141

Caesars Entertainment Corp was incorporated on November 2, 1989 in Delaware. The Company is a casino-entertainment provider and a diverse U.S. casino-entertainment company. The Company’s business is mainly conducted through a wholly-owned subsidiary, Caesars Entertainment Operating Company, Inc. (CEOC). As of December 31, 2012, it owned, operated, or managed, through various subsidiaries, 52 casinos in 13 U.S. states and seven countries. The majority of these casinos operate in the United States and England. The Company’s casino entertainment facilities operate mainly under the Harrah’s, Caesars, and Horseshoe brand names in the United States. Its casino entertainment facilities include 33 land-based casinos, 11 riverboat or dockside casinos, three managed casinos on Indian lands in the United States, one managed casino in Canada, one casino combined with a greyhound racetrack, one casino combined with a thoroughbred racetrack, and one casino combined with a harness racetrack. The Company’s land-based casinos include one in Uruguay, nine in England, one in Scotland, two in Egypt, and one in South Africa. As of December 31, 2012, its facilities had an aggregate of approximately three million square feet of gaming space and approximately 43,000 hotel rooms. Its customer loyalty program, Total Rewards, has over 45 million members. It uses the Total Rewards system to market promotions and to generate customer play across its network of properties. In addition, it owns an online gaming business, providing for real money casino, bingo, and poker games in the United Kingdom, alliances with online gaming providers in Italy and France, ‘play for fun’ offerings in other jurisdictions, social games on Facebook and other social media websites, and mobile application platforms. It also owns and operates the World Series of Poker tournament and brand. The Company competes directly with other casino facilities operating in the immediate and surrounding market areas. It is subject to regulations imposed by the Foreign Corrupt Practices Act (‘FCPA’) and other anti-corruption laws that generally prohibit U.S. companies and their intermediaries from offering, promising, authorizing or making improper payments to foreign government officials for the purpose of obtaining or retaining business.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.