Positive sentiment towards RRR reflected by a fall of -14.98% in short interest

NUE

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Red Rock Resorts Inc shares valued at $320,250 were sold by Nichols Kord on Aug 13 ’25. At $61.00 per share, Nichols Kord sold 5,250 shares. The insider’s holdings dropped to 124,111 shares worth approximately $7.42 million following the completion of this transaction.

Also, Nichols Kord sold 42,325 shares, netting a total of over 2,480,668 in proceeds. Following the sale of shares at $58.61 each, the insider now holds 129,361 shares.

Before that, Nichols Kord had added 5,250 shares to its account. In a trade valued at $320,250, the Officer bought Red Rock Resorts Inc shares for $61.00 each.

As published in a research note from Truist on July 16, 2025, Red Rock Resorts Inc [RRR] has been rated up from a Hold to a Buy and the price target has been revised to $67. Analysts at JP Morgan started covering the stock with ‘”an Overweight”‘ outlook in a report released in late June. As of June 02, 2025, Mizuho has increased its “Neutral” rating to a “an Outperform” for RRR. Earlier on January 03, 2025, Jefferies downgraded its rating. Their new recommendation was “a Hold” for RRR stock which previously was a “a Buy”.

Analyzing RRR Stock Performance

On last trading session, Red Rock Resorts Inc [NASDAQ: RRR] rose 0.23% to $59.8. The stock’s lowest price that day was $59.14, but it reached a high of $60.04 in the same session. During the last five days, there has been a drop of approximately -1.29%. Over the course of the year, Red Rock Resorts Inc shares have jumped approximately 8.71%. Shares of the company reached a 52-week high of $62.00 on 07/31/25 and a 52-week low of $35.09 on 04/07/25.

Support And Resistance Levels for Red Rock Resorts Inc (RRR)

According to the 24-hour chart, there is a support level at 59.27, which, if violated, would cause prices to drop to 58.73. In the upper region, resistance lies at 60.19. The next price resistance is at 60.57. RSI (Relative Strength Index) is 58.95 on the 14-day chart, showing neutral technical sentiment.

Is Red Rock Resorts Inc subject to short interest?

Stocks of Red Rock Resorts Inc saw a sharp steep in short interest on 2025-07-31 dropping by -0.3 million shares to 2.03 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 2.33 million shares. A decline of -14.98% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.28 of the overall float, the days-to-cover ratio (short ratio) decline to 2.28.

Which companies own the most shares of Red Rock Resorts Inc (RRR)?

In terms of Red Rock Resorts Inc share price expectations, FactSet research, analysts set an average price target of 52 in the next 12 months, down nearly -12.84% from the previous closing price of $59.66. Analysts anticipate Red Rock Resorts Inc stock to reach 60 by 2025, with the lowest price target being 49. In spite of this, 9 analysts ranked Red Rock Resorts Inc stock as Buy at the end of 2025. On November 25, 2024, Mizuho assigned a price target of “a Neutral” to the stock and downgraded coverage with a $44.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.