Key Points
- Insider Paul Wierbicki sold 15,000 shares of Rush Street Interactive on April 8 at an average price of $23.00 for about $345,000, trimming his stake by 9.79% to 138,256 shares; the transaction was executed under a Rule 10b5-1 trading plan.
- RSI trades near its 1‑year high (about $23.15) with a market cap of roughly $5.16B and a P/E near 79, and analysts hold a consensus “Moderate Buy” rating with an average target of about $23.33 and several recent target upgrades to $25.
Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) insider Paul Wierbicki sold 15,000 shares of the firm's stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $23.00, for a total value of $345,000.00. Following the transaction, the insider directly owned 138,256 shares in the company, valued at approximately $3,179,888. The trade was a 9.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Paul Wierbicki also recently made the following trade(s):
- On Monday, March 23rd, Paul Wierbicki sold 15,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $21.05, for a total value of $315,750.00.
Rush Street Interactive Stock Performance
Shares of RSI stock opened at $22.19 on Thursday. The stock's 50-day moving average is $19.68 and its two-hundred day moving average is $19.08. The firm has a market cap of $5.16 billion, a price-to-earnings ratio of 79.24 and a beta of 1.45. Rush Street Interactive, Inc. has a 1 year low of $10.54 and a 1 year high of $23.15.
Rush Street Interactive (NYSE:RSI - Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.02). The firm had revenue of $324.89 million for the quarter, compared to analysts' expectations of $305.08 million. Rush Street Interactive had a return on equity of 17.95% and a net margin of 2.94%.The business's revenue for the quarter was up 27.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.07 EPS. As a group, research analysts predict that Rush Street Interactive, Inc. will post 0.04 EPS for the current year.
Institutional Investors Weigh In On Rush Street Interactive
A number of hedge funds have recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV acquired a new stake in Rush Street Interactive in the fourth quarter valued at about $197,000. Fuller & Thaler Asset Management Inc. lifted its position in shares of Rush Street Interactive by 8.3% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,517,402 shares of the company's stock valued at $48,913,000 after acquiring an additional 193,110 shares during the period. Empowered Funds LLC acquired a new stake in shares of Rush Street Interactive during the 4th quarter valued at approximately $55,000. Voloridge Investment Management LLC lifted its position in shares of 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 acquiring an additional 321,288 shares during the period. Finally, Polymer Capital Management US LLC lifted its position in shares of Rush Street Interactive by 45.5% during the 4th quarter. Polymer Capital Management US LLC now owns 64,822 shares of the company's stock valued at $1,259,000 after acquiring an additional 20,258 shares during the period. Institutional investors and hedge funds own 24.78% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on RSI shares. Needham & Company LLC raised their price target on Rush Street Interactive from $23.00 to $25.00 and gave the stock a "buy" rating in a report on Wednesday, February 18th. Citizens Jmp raised their price target on Rush Street Interactive from $24.00 to $25.00 and gave the stock a "market outperform" rating in a report on Wednesday. Oppenheimer raised their price target on Rush Street Interactive from $24.00 to $25.00 and gave the stock an "outperform" rating in a report on Wednesday, February 18th. Wall Street Zen lowered Rush Street Interactive from a "strong-buy" rating to a "buy" rating in a report on Saturday, February 21st. Finally, Susquehanna set a $22.00 price target on Rush Street Interactive in a report on Wednesday, January 21st. One equities research 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 company's stock. According to MarketBeat, Rush Street Interactive presently has an average rating of "Moderate Buy" and an average target price of $23.33.
View Our Latest Stock Analysis 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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