Key Points
- Richard Todd Schwartz, CEO, sold 90,482 Rush Street Interactive shares on April 1 at an average of $22.04 for about $1.99 million, leaving him with 435,801 shares (~$9.61M); the sale was executed under a pre‑arranged Rule 10b5‑1 trading plan and was reported as a 17.19% reduction in his ownership.
- Schwartz has completed multiple large insider sales earlier this year — totaling roughly $18.4 million — while RSI shares trade near their 52‑week high and analysts maintain a consensus of "Moderate Buy" with an average price target of $23.22.
Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) CEO Richard Todd Schwartz sold 90,482 shares of Rush Street Interactive stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $22.04, for a total transaction of $1,994,223.28. Following the sale, the chief executive officer owned 435,801 shares of the company's stock, valued at approximately $9,605,054.04. This trade represents a 17.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Richard Todd Schwartz also recently made the following trade(s):
- On Monday, March 2nd, Richard Todd Schwartz sold 247,113 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.83, for a total transaction of $4,900,250.79.
- On Tuesday, February 17th, Richard Todd Schwartz sold 247,114 shares of Rush Street Interactive stock. The shares were sold at an average price of $16.82, for a total transaction of $4,156,457.48.
- 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 transaction of $4,351,677.54.
- On Friday, January 9th, Richard Todd Schwartz sold 111,112 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.22, for a total transaction of $2,135,572.64.
- On Friday, January 9th, Richard Todd Schwartz sold 47,223 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.22, for a total value of $907,626.06.
Rush Street Interactive Stock Up 3.7%
Shares of Rush Street Interactive stock opened at $22.76 on Friday. Rush Street Interactive, Inc. has a fifty-two week low of $9.66 and a fifty-two week high of $22.80. The business's fifty day moving average is $19.26 and its two-hundred day moving average is $19.08. The firm has a market cap of $5.29 billion, a PE ratio of 81.28 and a beta of 1.45.
Rush Street Interactive (NYSE:RSI - Get Free Report) last released its earnings results on Tuesday, February 17th. The company reported $0.08 EPS 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 business had revenue of $324.89 million during the quarter, compared to analyst estimates of $305.08 million. During the same quarter in the previous year, the company posted $0.07 earnings per share. The business's revenue for the quarter was up 27.8% compared to the same quarter last year. Equities research analysts anticipate that Rush Street Interactive, Inc. will post 0.04 EPS for the current year.
Institutional Investors Weigh In On Rush Street Interactive
Several large investors have recently made changes to their positions in RSI. Man Group plc increased its position in shares of Rush Street Interactive by 0.7% in the second quarter. Man Group plc now owns 89,535 shares of the company's stock worth $1,334,000 after acquiring an additional 654 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Rush Street Interactive by 4.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 19,422 shares of the company's stock valued at $398,000 after acquiring an additional 752 shares in the last quarter. Cerity Partners LLC boosted its position in Rush Street Interactive by 4.6% during the 4th quarter. Cerity Partners LLC now owns 23,675 shares of the company's stock worth $460,000 after purchasing an additional 1,042 shares during the period. New York State Teachers Retirement System increased its holdings in Rush Street Interactive by 15.6% in the 3rd quarter. New York State Teachers Retirement System now owns 8,022 shares of the company's stock valued at $164,000 after purchasing an additional 1,084 shares in the last quarter. Finally, Diversified Trust Co raised its position in Rush Street Interactive by 5.8% in the third quarter. Diversified Trust Co now owns 27,049 shares of the company's stock valued at $554,000 after purchasing an additional 1,474 shares during the period. Institutional investors and hedge funds own 24.78% of the company's stock.
Analyst Ratings Changes
Several equities analysts recently commented on RSI shares. Wall Street Zen lowered shares of Rush Street Interactive from a "strong-buy" rating to a "buy" rating in a research report on Saturday, February 21st. Citigroup raised shares of Rush Street Interactive to an "outperform" rating in a research note on Wednesday, February 18th. Oppenheimer increased their target price on Rush Street Interactive from $24.00 to $25.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 18th. Jefferies Financial Group reiterated a "buy" rating and issued a $29.00 target price on shares of Rush Street Interactive in a report on Sunday, January 25th. Finally, Susquehanna set a $22.00 price target on Rush Street Interactive in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $23.22.
View Our Latest Stock Report on Rush Street Interactive
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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