Director Don R. Kornstein purchases 4,000 CZR shares at $27.00; stock down -40.2% from 52-week high amid unprofitability.
Director Don R. Kornstein purchased 4,000 shares at $27.00 on 2025-03-07, bringing his total holdings to 56,255 shares. The purchase occurred as Caesars Entertainment stock trades at $27.26, down -40.2% from its 52-week high of $45.55 and -26.2% over the past 90 days. The company reported a net loss of -$9.0M in its latest quarter and was unprofitable over its most recent full fiscal year, with annual revenue declining -2.4%. This buy represents a modest share count increase of 7.7% relative to pre-transaction holdings. The transaction occurs during a period of material stock depreciation and operational challenges at the company.