Symbols / RRR Stock $53.03 +0.89% Red Rock Resorts, Inc.

Consumer Cyclical • Resorts & Casinos • United States • NMS
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Stock Fundamentals
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Index EQUITY
Sector Consumer Cyclical
Industry Resorts & Casinos
CEO Mr. Frank J. Fertitta III
Exch · Country NMS · United States
Market Cap 5.37B
Enterprise Value 6.65B
Income 186.21M
Sales 2.02B
FCF (ttm) 168.63M
Book/sh 3.57
Cash/sh 2.32
Employees 9,500
Insider 10d
IPO Apr 27, 2016
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 32.90%
P/E 17.11
Forward P/E 16.09
PEG 1.69
P/S 2.66
P/B 14.85
P/C
EV/EBITDA 8.20
EV/Sales 3.29
Quick Ratio 0.59
Current Ratio 0.81
Debt/Eq 1,458.19
LT Debt/Eq
EPS (ttm) 3.10
EPS next Y 3.30
EPS Growth -2.60%
Revenue Growth 1.90%
EPS Gr Q/Q -4.20%
Rev Gr Q/Q
Earnings (next) 2026-07-28
Earnings (prior) 2026-04-29
ROA 9.11%
ROE 114.21%
ROIC
Gross Margin 67.51%
Oper. Margin 28.32%
Profit Margin 9.21%
Shs Outstand 58.47M
Shs Float 47.60M
Insider Own 7.60%
Instit Own 91.53%
Short Float 11.87%
Short Ratio 3.44
Short Interest 3.45M
52W High 68.99
vs 52W High -23.13%
52W Low 44.28
vs 52W Low 19.76%
Beta 1.35
Impl. Vol. 3.13%
Rel Volume 0.62
Avg Volume 944.88K
Volume 586.26K
Target (mean) $67.31
Tgt Median $67.50
Tgt Low $55.00
Tgt High $77.00
# Analysts 16
Recom Buy
Prev Close $52.56
Price $53.03
Change 0.89%
About

Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States. It owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was founded in 1976 and is based in Las Vegas, Nevada.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$53.03
Low
$55.00
High
$77.00
Mean
$67.31

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-01 main Citigroup Buy → Buy $62
2026-04-30 main Macquarie Outperform → Outperform $73
2026-04-30 main JP Morgan Overweight → Overweight $66
2026-04-30 main Susquehanna Positive → Positive $70
2026-04-30 main Citizens Market Outperform → Market Outperform $67
2026-04-30 main Benchmark Buy → Buy $63
2026-04-30 main Truist Securities Buy → Buy $68
2026-04-30 main Wells Fargo Equal-Weight → Equal-Weight $55
2026-04-21 main Truist Securities Buy → Buy $70
2026-04-16 main JP Morgan Overweight → Overweight $73
2026-04-08 main Morgan Stanley Equal-Weight → Equal-Weight $63
2026-04-06 main Jefferies Buy → Buy $74
2026-03-23 init Benchmark — → Buy $67
2026-02-12 main Citigroup Buy → Buy $76
2026-02-12 main Jefferies Buy → Buy $79
2026-02-11 reit Truist Securities Buy → Buy $80
2026-02-11 main Stifel Buy → Buy $75
2026-02-11 main Wells Fargo Equal-Weight → Equal-Weight $59
2026-02-11 main Susquehanna Positive → Positive $77
2026-01-16 main Barclays Overweight → Overweight $69
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-12 NAVE JAMES E Director 3,221 $0.00 $0
2026-02-12 LEWIS ROBERT E Director 3,221 $0.00 $0
2026-02-12 CASHELL ROBERT A JR Director 3,221 $0.00 $0
2025-08-22 NICHOLS KORD Chief Financial Officer 37,075 $61.03 $2,262,539
2025-08-13 NICHOLS KORD Chief Operating Officer 5,250 $61.00 $320,250
2025-08-12 NICHOLS KORD Chief Operating Officer 42,325 $58.61 $2,480,668
2025-08-11 NICHOLS KORD Chief Operating Officer 206,355 $18.32 $3,780,424
2025-08-01 COOTEY STEPHEN LAWRENCE Chief Financial Officer 121,400 $60.04 $7,288,856
2025-08-01 WELCH JEFFREY T Officer 56,653 $60.23 $3,412,210
2025-07-31 COOTEY STEPHEN LAWRENCE Chief Financial Officer 332,369 $24.11 $8,013,417
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
2,011.48
+3.74%
1,939.01
+12.47%
1,724.09
+3.62%
1,663.79
Operating Revenue
1,910.71
+3.95%
1,838.15
+12.85%
1,628.88
+3.51%
1,573.63
Cost Of Revenue
756.31
+1.62%
744.23
+18.81%
626.39
+6.40%
588.72
Reconciled Cost Of Revenue
756.31
+1.62%
744.23
+18.81%
626.39
+6.40%
588.72
Gross Profit
1,255.17
+5.05%
1,194.78
+8.84%
1,097.69
+2.10%
1,075.07
Operating Expense
638.73
+3.12%
619.39
+22.16%
507.03
+5.32%
481.41
Selling General And Administration
441.32
+2.09%
432.28
+15.43%
374.49
+6.08%
353.04
Total Expenses
1,395.04
+2.30%
1,363.62
+20.31%
1,133.42
+5.91%
1,070.13
Operating Income
616.45
+7.13%
575.40
-2.58%
590.66
-0.50%
593.66
Total Operating Income As Reported
597.43
+5.05%
568.69
+1.79%
558.69
-0.47%
561.30
EBITDA
801.60
+7.72%
744.12
+7.17%
694.32
+0.17%
693.14
Normalized EBITDA
812.11
+6.26%
764.25
+5.67%
723.22
-0.31%
725.50
Reconciled Depreciation
197.41
+5.50%
187.11
+41.18%
132.54
+3.25%
128.37
EBIT
604.20
+8.47%
557.01
-0.85%
561.78
-0.53%
564.77
Total Unusual Items
-10.51
+47.77%
-20.13
+30.35%
-28.90
+10.69%
-32.36
Total Unusual Items Excluding Goodwill
-10.51
+47.77%
-20.13
+30.35%
-28.90
+10.69%
-32.36
Special Income Charges
-6.22
+69.49%
-20.40
+29.40%
-28.90
+10.69%
-32.36
Other Special Charges
6.22
-67.58%
19.20
-66.55%
57.40
+220.44%
-47.66
Impairment Of Capital Assets
0.00
0.00
-100.00%
80.02
Write Off
-47.66
Net Income
188.07
+22.08%
154.05
-12.47%
176.00
-14.34%
205.46
Pretax Income
402.32
+22.58%
328.21
-13.80%
380.76
-12.45%
434.88
Net Non Operating Interest Income Expense
-201.88
+11.77%
-228.80
-26.39%
-181.02
-39.37%
-129.89
Interest Expense Non Operating
201.88
-11.77%
228.80
+26.39%
181.02
+39.37%
129.89
Net Interest Income
-201.88
+11.77%
-228.80
-26.39%
-181.02
-39.37%
-129.89
Interest Expense
201.88
-11.77%
228.80
+26.39%
181.02
+39.37%
129.89
Other Income Expense
-12.25
+33.37%
-18.39
+36.34%
-28.88
+0.03%
-28.89
Other Non Operating Income Expenses
-4.34
-516.03%
-0.70
+77.08%
-3.08
Gain On Sale Of Security
-4.29
-1664.96%
0.27
Tax Provision
46.65
+26.37%
36.91
-14.12%
42.98
-3.47%
44.53
Tax Rate For Calcs
0.00
+3.57%
0.00
-0.88%
0.00
+10.78%
0.00
Tax Effect Of Unusual Items
-1.22
+45.90%
-2.25
+30.97%
-3.27
+1.05%
-3.30
Net Income Including Noncontrolling Interests
355.67
+22.10%
291.29
-13.76%
337.78
-13.47%
390.35
Net Income From Continuing Operation Net Minority Interest
188.07
+22.08%
154.05
-12.47%
176.00
-14.34%
205.46
Net Income From Continuing And Discontinued Operation
188.07
+22.08%
154.05
-12.47%
176.00
-14.34%
205.46
Net Income Continuous Operations
355.67
+22.10%
291.29
-13.76%
337.78
-13.47%
390.35
Minority Interests
-167.60
-22.12%
-137.24
+15.16%
-161.77
+12.51%
-184.90
Normalized Income
197.36
+14.79%
171.92
-14.74%
201.64
-14.02%
234.51
Net Income Common Stockholders
188.07
+22.08%
154.05
-12.47%
176.00
-14.34%
205.46
Diluted EPS
3.12
+23.32%
2.53
-13.95%
2.94
-12.50%
3.36
Basic EPS
3.19
+22.22%
2.61
-14.14%
3.04
-12.64%
3.48
Basic Average Shares
58.96
-0.10%
59.02
+1.99%
57.88
-1.87%
58.98
Diluted Average Shares
102.59
-1.03%
103.67
+0.44%
103.22
-1.38%
104.66
Diluted NI Availto Com Stockholders
320.47
+22.10%
262.47
-13.61%
303.80
-13.58%
351.52
Average Dilution Earnings
132.41
+22.12%
108.42
-15.16%
127.80
-12.51%
146.07
Depreciation Amortization Depletion Income Statement
197.41
+5.50%
187.11
+41.18%
132.54
+3.25%
128.37
Depreciation And Amortization In Income Statement
197.41
+5.50%
187.11
+41.18%
132.54
+3.25%
128.37
Earnings From Equity Interest
2.61
+6.50%
2.45
-20.94%
3.10
-10.78%
3.47
Gain On Sale Of PPE
-1.20
-104.21%
28.50
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
4,167.07
+3.00%
4,045.53
+2.30%
3,954.51
+18.20%
3,345.75
Current Assets
286.76
-2.91%
295.36
+4.63%
282.29
+27.74%
221.00
Cash Cash Equivalents And Short Term Investments
142.47
-13.33%
164.38
+19.48%
137.59
+17.31%
117.29
Cash And Cash Equivalents
142.47
-13.33%
164.38
+19.48%
137.59
+17.31%
117.29
Receivables
73.90
+14.79%
64.38
-15.70%
76.37
+75.05%
43.63
Accounts Receivable
73.90
+14.79%
64.38
+3.96%
61.93
+41.94%
43.63
Gross Accounts Receivable
81.60
+11.06%
73.48
+6.91%
68.73
+41.04%
48.73
Allowance For Doubtful Accounts Receivable
-7.70
+15.38%
-9.10
-33.82%
-6.80
-33.33%
-5.10
Taxes Receivable
0.00
-100.00%
14.44
0.00
Inventory
17.95
+9.37%
16.41
+7.56%
15.26
+15.58%
13.20
Prepaid Assets
29.16
+5.37%
27.67
+11.19%
24.89
+9.00%
22.83
Restricted Cash
Assets Held For Sale Current
0.00
Other Current Assets
23.29
+3.40%
22.52
-20.11%
28.19
+17.25%
24.04
Total Non Current Assets
3,880.31
+3.47%
3,750.17
+2.12%
3,672.22
+17.52%
3,124.76
Net PPE
3,010.36
+8.21%
2,781.91
+0.36%
2,771.82
+26.28%
2,195.02
Gross PPE
4,607.95
+8.87%
4,232.64
+4.24%
4,060.29
+20.70%
3,364.00
Accumulated Depreciation
-1,597.59
-10.12%
-1,450.72
-12.59%
-1,288.47
-10.22%
-1,168.98
Properties
0.00
0.00
0.00
0.00
Land And Improvements
203.32
+0.00%
203.32
+0.00%
203.32
+0.03%
203.26
Buildings And Improvements
3,275.37
+7.21%
3,055.00
+3.34%
2,956.33
+35.43%
2,182.92
Machinery Furniture Equipment
914.68
+5.02%
870.99
+5.28%
827.31
+38.19%
598.67
Construction In Progress
176.02
+70.35%
103.33
+40.90%
73.34
-80.66%
379.16
Other Properties
38.56
Goodwill And Other Intangible Assets
275.78
-0.41%
276.90
-0.57%
278.48
-0.56%
280.06
Goodwill
195.68
+0.00%
195.68
+0.00%
195.68
+0.00%
195.68
Other Intangible Assets
80.10
-1.39%
81.23
-1.91%
82.81
-1.87%
84.39
Investments And Advances
Long Term Equity Investment
Non Current Deferred Assets
34.92
-74.72%
138.11
+54.72%
89.26
-23.99%
117.43
Non Current Deferred Taxes Assets
34.92
-38.13%
56.43
+30.09%
43.38
-42.72%
75.74
Other Non Current Assets
89.83
+5.09%
85.49
+4.70%
81.65
-1.90%
83.23
Total Liabilities Net Minority Interest
3,834.79
+2.57%
3,738.70
+0.76%
3,710.62
+11.98%
3,313.51
Current Liabilities
363.18
+11.68%
325.20
-6.88%
349.22
+19.09%
293.25
Payables And Accrued Expenses
309.83
+26.15%
245.61
-17.24%
296.78
+21.61%
244.04
Payables
126.81
+90.84%
66.45
-54.28%
145.33
+29.41%
112.30
Accounts Payable
21.64
-31.96%
31.81
+25.48%
25.35
+122.77%
11.38
Other Payable
105.17
+203.63%
34.64
-71.13%
119.98
+18.88%
100.92
Current Accrued Expenses
183.02
+2.15%
179.16
+18.30%
151.45
+14.96%
131.74
Current Debt And Capital Lease Obligation
32.92
-44.54%
59.36
+84.10%
32.24
+4.48%
30.86
Current Debt
17.25
-67.40%
52.91
+102.70%
26.10
+0.17%
26.06
Other Current Borrowings
17.25
-67.40%
52.91
+102.70%
26.10
+0.17%
26.06
Current Capital Lease Obligation
15.67
+143.22%
6.44
+5.00%
6.14
+27.85%
4.80
Current Deferred Liabilities
20.43
+0.97%
20.23
+0.18%
20.20
+10.08%
18.35
Current Deferred Revenue
20.43
+0.97%
20.23
+0.18%
20.20
+10.08%
18.35
Total Non Current Liabilities Net Minority Interest
3,471.61
+1.70%
3,413.50
+1.55%
3,361.41
+11.30%
3,020.26
Long Term Debt And Capital Lease Obligation
3,409.62
+1.64%
3,354.57
+1.60%
3,301.66
+11.59%
2,958.72
Long Term Debt
3,378.50
+0.71%
3,354.57
+1.60%
3,301.66
+11.59%
2,958.72
Long Term Capital Lease Obligation
31.12
0.00
Tradeand Other Payables Non Current
19.41
+1.77%
19.07
-6.63%
20.43
-6.97%
21.96
Other Non Current Liabilities
42.57
+6.82%
39.85
+1.36%
39.32
-0.66%
39.58
Stockholders Equity
208.33
-3.13%
215.07
+27.38%
168.84
+285.62%
43.78
Common Stock Equity
208.33
-3.13%
215.07
+27.38%
168.84
+285.62%
43.78
Capital Stock
0.59
-0.84%
0.60
+1.19%
0.59
+1.55%
0.58
Common Stock
0.59
-0.84%
0.60
+1.19%
0.59
+1.55%
0.58
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
59.09
-0.91%
59.63
+1.30%
58.87
+1.47%
58.01
Ordinary Shares Number
59.09
-0.91%
59.63
+1.30%
58.87
+1.47%
58.01
Additional Paid In Capital
0.00
-100.00%
18.64
+153.71%
7.34
0.00
Retained Earnings
207.74
+6.08%
195.83
+21.71%
160.90
+272.44%
43.20
Gains Losses Not Affecting Retained Earnings
Minority Interest
123.95
+35.07%
91.77
+22.28%
75.05
+750.27%
-11.54
Total Equity Gross Minority Interest
332.28
+8.29%
306.83
+25.81%
243.89
+656.40%
32.24
Total Capitalization
3,586.83
+0.48%
3,569.63
+2.86%
3,470.50
+15.59%
3,002.50
Working Capital
-76.42
-156.11%
-29.84
+55.42%
-66.93
+7.37%
-72.25
Invested Capital
3,604.08
-0.51%
3,622.55
+3.60%
3,496.60
+15.45%
3,028.56
Total Debt
3,442.54
+0.84%
3,413.92
+2.40%
3,333.90
+11.52%
2,989.58
Net Debt
3,253.28
+0.31%
3,243.10
+1.66%
3,190.18
+11.25%
2,867.49
Capital Lease Obligations
46.80
+626.19%
6.44
+5.00%
6.14
+27.85%
4.80
Net Tangible Assets
-67.45
-9.07%
-61.84
+43.60%
-109.64
+53.60%
-236.28
Tangible Book Value
-67.45
-9.07%
-61.84
+43.60%
-109.64
+53.60%
-236.28
Interest Payable
23.75
-13.26%
27.38
+75.46%
15.61
+7.93%
14.46
Investment Properties
469.42
+0.36%
467.76
+3.71%
451.01
+0.44%
449.02
Investmentsin Joint Venturesat Cost
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
609.51
+11.17%
548.26
+10.91%
494.34
-8.83%
542.22
Cash Flow From Continuing Operating Activities
609.51
+11.17%
548.26
+10.91%
494.34
-8.83%
542.22
Net Income From Continuing Operations
355.67
+22.10%
291.29
-13.76%
337.78
-13.47%
390.35
Depreciation Amortization Depletion
197.41
+5.50%
187.11
+41.18%
132.54
+3.25%
128.37
Depreciation
195.83
+5.55%
185.53
+41.68%
130.96
+3.31%
126.77
Amortization Cash Flow
1.58
+0.06%
1.58
-0.06%
1.58
-1.44%
1.60
Depreciation And Amortization
197.41
+5.50%
187.11
+41.18%
132.54
+3.25%
128.37
Amortization Of Intangibles
1.58
+0.06%
1.58
-0.06%
1.58
-1.44%
1.60
Other Non Cash Items
-0.58
-105.51%
10.54
-6.73%
11.30
+32.68%
8.52
Stock Based Compensation
32.13
+3.84%
30.95
+57.30%
19.67
+12.32%
17.52
Asset Impairment Charge
1.79
+58.36%
1.13
+102.91%
-38.85
-1010.11%
-3.50
Deferred Tax
25.10
+374.04%
-9.16
-125.54%
35.86
+200.13%
11.95
Deferred Income Tax
25.10
+374.04%
-9.16
-125.54%
35.86
+200.13%
11.95
Operating Gains Losses
4.29
+54.63%
2.77
Gain Loss On Investment Securities
4.29
+1664.96%
-0.27
Change In Working Capital
-6.29
-118.71%
33.63
+949.62%
-3.96
+63.95%
-10.98
Change In Receivables
-9.52
-288.73%
-2.45
+86.61%
-18.30
-334.68%
-4.21
Changes In Account Receivables
-9.52
-288.73%
-2.45
+86.61%
-18.30
-334.68%
-4.21
Change In Inventory
-5.38
-370.18%
1.99
+125.00%
-7.97
-27.02%
-6.27
Change In Payables And Accrued Expense
7.62
-58.45%
18.35
-50.07%
36.75
+7540.08%
-0.49
Change In Accrued Expense
3.74
-85.58%
25.92
+13.61%
22.81
+303.27%
5.66
Change In Payable
3.89
+151.37%
-7.57
-154.29%
13.94
+326.65%
-6.15
Change In Account Payable
3.89
+151.37%
-7.57
-154.29%
13.94
+326.65%
-6.15
Change In Other Working Capital
0.99
-93.72%
15.74
+208.95%
-14.44
Investing Cash Flow
-245.78
+23.62%
-321.79
+50.78%
-653.85
-47.88%
-442.14
Cash Flow From Continuing Investing Activities
-245.78
+23.62%
-321.79
+50.78%
-653.85
-47.88%
-442.14
Net PPE Purchase And Sale
-1.64
+89.05%
-14.97
-610.20%
-2.11
+99.09%
-232.76
Purchase Of PPE
-1.64
+89.05%
-14.97
-610.20%
-2.11
+99.09%
-232.76
Capital Expenditure
-320.65
-7.30%
-298.84
+57.41%
-701.62
-24.99%
-561.35
Capital Expenditure Reported
-319.01
-12.38%
-283.87
+59.42%
-699.52
-112.88%
-328.59
Net Investment Purchase And Sale
0.00
0.00
Purchase Of Investment
0.00
0.00
Gain Loss On Sale Of Business
Net Other Investing Changes
74.87
+426.22%
-22.95
-148.04%
47.77
-59.92%
119.20
Financing Cash Flow
-385.65
-93.14%
-199.67
-211.05%
179.81
+161.99%
-290.05
Cash Flow From Continuing Financing Activities
-385.65
-93.14%
-199.67
-211.05%
179.81
+161.99%
-290.05
Net Issuance Payments Of Debt
-17.23
-119.19%
89.75
-73.42%
337.72
+170.78%
124.72
Issuance Of Debt
400.00
-84.23%
2,535.85
+432.18%
476.50
+60.17%
297.50
Repayment Of Debt
-417.23
+82.94%
-2,446.10
-1662.59%
-138.78
+19.68%
-172.78
Long Term Debt Issuance
0.00
-100.00%
500.00
0.00
0.00
Long Term Debt Payments
-1.52
0.00
0.00
0.00
Net Long Term Debt Issuance
-1.52
-100.31%
500.00
0.00
0.00
Short Term Debt Issuance
400.00
-80.35%
2,035.85
+327.25%
476.50
+60.17%
297.50
Short Term Debt Payments
-415.70
+83.01%
-2,446.10
-1662.59%
-138.78
+19.68%
-172.78
Net Short Term Debt Issuance
-15.70
+96.17%
-410.25
-221.48%
337.72
+170.78%
124.72
Net Common Stock Issuance
-79.03
-1915.07%
-3.92
0.00
+100.00%
-141.51
Common Stock Payments
-79.03
-1915.07%
-3.92
0.00
+100.00%
-141.51
Common Stock Dividend Paid
-120.80
-2.03%
-118.40
-102.09%
-58.59
+49.78%
-116.67
Cash Dividends Paid
-120.80
-2.03%
-118.40
-102.09%
-58.59
+49.78%
-116.67
Repurchase Of Capital Stock
-79.03
-1915.07%
-3.92
0.00
+100.00%
-141.51
Proceeds From Stock Option Exercised
0.00
0.00
Net Other Financing Charges
-168.59
-0.89%
-167.10
-68.24%
-99.32
+36.57%
-156.59
Changes In Cash
-21.91
-181.77%
26.80
+32.02%
20.30
+110.68%
-189.97
Beginning Cash Position
164.38
+19.48%
137.59
+17.31%
117.29
-61.83%
307.25
End Cash Position
142.47
-13.33%
164.38
+19.48%
137.59
+17.31%
117.29
Free Cash Flow
288.87
+15.81%
249.42
+220.33%
-207.29
-983.97%
-19.12
Interest Paid Supplemental Data
198.11
-5.54%
209.74
+23.01%
170.51
+41.86%
120.19
Income Tax Paid Supplemental Data
20.36
-32.78%
30.29
+43.57%
21.10
-32.71%
31.36
Change In Interest Payable
-3.24
-127.52%
11.78
+926.77%
1.15
+719.29%
0.14
SEC Filings

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