Key Points
- CEO Richard Todd Schwartz sold 247,114 shares on Feb 17 at an average price of $16.82 for about $4.16M, reducing his holding by 26.04% to 701,934 shares (≈$11.8M), per an SEC filing.
- Rush Street Interactive reported Q2 EPS of $0.08 (missed $0.10 consensus) but revenues beat at $324.89M, up 27.8% year‑over‑year; the stock trades near $18.67 with a consensus "Moderate Buy" and a $22 average price target.
Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) CEO Richard Todd Schwartz sold 247,114 shares of the business's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $16.82, for a total transaction of $4,156,457.48. Following the completion of the sale, the chief executive officer directly owned 701,934 shares in the company, valued at approximately $11,806,529.88. This represents a 26.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Richard Todd Schwartz also recently made the following trade(s):
- On Wednesday, February 4th, Richard Todd Schwartz sold 247,114 shares of Rush Street Interactive stock. The stock was sold at an average price of $17.61, for a total value of $4,351,677.54.
- On Friday, January 9th, Richard Todd Schwartz sold 111,112 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.22, for a total value of $2,135,572.64.
- On Friday, January 9th, Richard Todd Schwartz sold 47,223 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.22, for a total value of $907,626.06.
- On Tuesday, December 9th, Richard Todd Schwartz sold 59,757 shares of Rush Street Interactive stock. The shares were sold at an average price of $18.82, for a total value of $1,124,626.74.
- On Monday, December 8th, Richard Todd Schwartz sold 134,148 shares of Rush Street Interactive stock. The shares were sold at an average price of $18.37, for a total transaction of $2,464,298.76.
Rush Street Interactive Stock Performance
Shares of NYSE RSI traded up $0.01 during midday trading on Friday, reaching $18.67. The stock had a trading volume of 198,001 shares, compared to its average volume of 2,295,854. The firm has a market cap of $4.28 billion, a price-to-earnings ratio of 66.97 and a beta of 1.54. Rush Street Interactive, Inc. has a twelve month low of $9.54 and a twelve month high of $22.65. The company's 50 day moving average price is $18.44 and its 200 day moving average price is $19.05.
Rush Street Interactive (NYSE:RSI - Get Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.02). Rush Street Interactive had a return on equity of 19.12% and a net margin of 2.94%.The firm had revenue of $324.89 million for the quarter, compared to analyst estimates of $305.08 million. During the same quarter last year, the company earned $0.07 earnings per share. The company's quarterly revenue was up 27.8% compared to the same quarter last year. Equities analysts forecast that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Rush Street Interactive
Several hedge funds and other institutional investors have recently modified their holdings of the company. Concord Wealth Partners acquired a new position in shares of Rush Street Interactive during the third quarter worth approximately $41,000. Kemnay Advisory Services Inc. bought a new stake in Rush Street Interactive during the 4th quarter valued at $47,000. Empowered Funds LLC bought a new stake in Rush Street Interactive during the 4th quarter valued at $55,000. Osaic Holdings Inc. increased its stake in Rush Street Interactive by 62.2% during the 2nd quarter. Osaic Holdings Inc. now owns 4,872 shares of the company's stock valued at $73,000 after purchasing an additional 1,868 shares in the last quarter. Finally, Lazard Asset Management LLC acquired a new position in Rush Street Interactive during the second quarter worth $90,000. Institutional investors own 24.78% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages recently commented on RSI. Citigroup upgraded Rush Street Interactive to an "outperform" rating in a research report on Wednesday. Zacks Research lowered Rush Street Interactive from a "strong-buy" rating to a "hold" rating in a research note on Monday, December 29th. Benchmark reaffirmed a "buy" rating on shares of Rush Street Interactive in a research report on Wednesday. Weiss Ratings reiterated a "hold (c-)" rating on shares of Rush Street Interactive in a research note on Monday, December 29th. Finally, Wall Street Zen raised shares of Rush Street Interactive from a "buy" rating to a "strong-buy" rating in a research note on Sunday, December 7th. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $22.00.
View Our Latest Research Report on RSI
Rush Street Interactive Company Profile
(
Get Free Report)
Rush Street Interactive (NYSE: RSI) is a digital gaming and sports betting company that develops and operates online wagering platforms in regulated markets. As a subsidiary of Rush Street Gaming, the company specializes in delivering interactive casino games, live dealer experiences, and sports betting services through desktop and mobile applications. Its technology infrastructure is designed to support real-time wagering, secure transactions, and responsible gaming tools across multiple jurisdictions.
The company’s flagship brand, BetRivers, offers a range of casino titles—including slots, table games, and virtual sports—alongside a comprehensive sportsbook featuring pre-game and in-play betting markets.
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