Key Points
- Director Daniel Yih sold 50,000 shares of Rush Street Interactive on March 9 at an average price of $20.14 for about $1.01 million, reducing his stake by 27.52% to 131,678 shares; the transaction was disclosed in an SEC filing.
- RSI shares recently traded around $21.33 with a market cap near $4.96 billion, a high P/E of 75.8, and a one‑year range of $9.63 to $22.65, while the 50‑ and 200‑day moving averages are $18.57 and $19.09 respectively.
- Rush Street missed EPS expectations (reported $0.08 vs. $0.10 consensus) but revenue rose 27.8% year‑over‑year to $324.9 million, and analysts remain largely positive with nine Buys, three Holds and a consensus target of $22.88.
Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) Director Daniel Yih sold 50,000 shares of Rush Street Interactive stock in a transaction on Monday, March 9th. The shares were sold at an average price of $20.14, for a total transaction of $1,007,000.00. Following the completion of the sale, the director directly owned 131,678 shares of the company's stock, valued at approximately $2,651,994.92. The trade was a 27.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Rush Street Interactive Price Performance
NYSE:RSI traded up $0.26 during trading hours on Thursday, reaching $21.33. The company's stock had a trading volume of 42,835 shares, compared to its average volume of 2,139,539. The company has a market cap of $4.96 billion, a price-to-earnings ratio of 75.80 and a beta of 1.54. Rush Street Interactive, Inc. has a one year low of $9.63 and a one year high of $22.65. The business's 50-day moving average is $18.57 and its 200-day moving average is $19.09.
Rush Street Interactive (NYSE:RSI - Get Free Report) last posted its earnings results 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 net margin of 2.94% and a return on equity of 17.95%. The company had revenue of $324.89 million for the quarter, compared to the consensus estimate of $305.08 million. During the same quarter last year, the business earned $0.07 earnings per share. Rush Street Interactive's quarterly revenue was up 27.8% on a year-over-year basis. On average, sell-side analysts predict that Rush Street Interactive, Inc. will post 0.04 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV bought a new stake in shares of Rush Street Interactive in the fourth quarter valued at approximately $197,000. Fuller & Thaler Asset Management Inc. increased its position in Rush Street Interactive by 8.3% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,517,402 shares of the company's stock worth $48,913,000 after acquiring an additional 193,110 shares during the period. Empowered Funds LLC acquired a new position in Rush Street Interactive during the 4th quarter valued at $55,000. Voloridge Investment Management LLC raised its stake in Rush Street Interactive by 76.9% during the 4th quarter. Voloridge Investment Management LLC now owns 738,840 shares of the company's stock valued at $14,356,000 after purchasing an additional 321,288 shares during the last quarter. Finally, Polymer Capital Management US LLC boosted its holdings in Rush Street Interactive by 45.5% in the 4th quarter. Polymer Capital Management US LLC now owns 64,822 shares of the company's stock valued at $1,259,000 after purchasing an additional 20,258 shares during the period. 24.78% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
RSI has been the subject of several analyst reports. Citigroup upgraded Rush Street Interactive to an "outperform" rating in a report on Wednesday, February 18th. Craig Hallum reiterated a "buy" rating on shares of Rush Street Interactive in a report on Tuesday, December 9th. Citizens Jmp raised shares of Rush Street Interactive from a "market perform" rating to an "outperform" rating and set a $24.00 price target on the stock in a research report on Wednesday, February 18th. Needham & Company LLC boosted their price objective on shares of Rush Street Interactive from $23.00 to $25.00 and gave the stock a "buy" rating in a research note on Wednesday, February 18th. Finally, Zacks Research downgraded shares of Rush Street Interactive from a "strong-buy" rating to a "hold" rating in a report on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $22.88.
Get Our Latest Stock Report on Rush Street Interactive
About Rush Street Interactive
(
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
