$CZR.US – ranked positive on March 9th, 2022

$CZR.US – ranked positive on March 9th, 2022

Caesars Entertainment Inc – (CZR, +1, Mar 9th) 

Thomas Reeg (CEO since 2019, CFO 2014-2019) purchased $714,000 of stock on the 8th March at $71.38, increasing his holding by 4%. He has an excellent record in the stock, qualifying as a “Smart Buyer”, but his largest previous buy was for only $101,000.

The purchase also represents a reversal, most recently he sold $6.1 million of stock in April 2021 at $88.33. This reversal and purchase in unusual size for him is very encouraging.

We are ranking the stock +1.

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