Key Points
- Director Judith Gold sold 1,714 shares of Rush Street Interactive on April 8 at an average price of $23.03 for a total of $39,473.42; the trade was executed under a pre-arranged Rule 10b5-1 plan and reduced her ownership by 1.41% to 119,597 shares (worth about $2.75M).
- Rush Street Interactive opened at $21.17 with a market cap of $4.92B and a 52-week range of $11.04–$23.15; the company reported EPS of $0.08 (missing estimates) but revenue of $324.9M (beating estimates and up 27.8% YoY), and analysts hold a consensus "Moderate Buy" with a $23.33 price target.
Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) Director Judith Gold sold 1,714 shares of the business's stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $23.03, for a total transaction of $39,473.42. Following the completion of the sale, the director directly owned 119,597 shares in the company, valued at $2,754,318.91. This trade represents a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Rush Street Interactive Stock Performance
Shares of RSI stock opened at $21.17 on Friday. The stock has a market capitalization of $4.92 billion, a P/E ratio of 75.62 and a beta of 1.45. The company has a 50 day moving average price of $19.83 and a 200 day moving average price of $19.09. Rush Street Interactive, Inc. has a fifty-two week low of $11.04 and a fifty-two week high of $23.15.
Rush Street Interactive (NYSE:RSI - Get Free Report) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by ($0.02). The business had revenue of $324.89 million during the quarter, compared to analyst estimates of $305.08 million. Rush Street Interactive had a net margin of 2.94% and a return on equity of 17.95%. The company's revenue for the quarter was up 27.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.07 EPS. On average, research analysts forecast that Rush Street Interactive, Inc. will post 0.04 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in RSI. Ameriprise Financial Inc. grew its holdings in Rush Street Interactive by 763.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company's stock worth $57,815,000 after acquiring an additional 2,496,109 shares in the last quarter. Two Sigma Investments LP grew its holdings in Rush Street Interactive by 247.3% during the 3rd quarter. Two Sigma Investments LP now owns 1,329,550 shares of the company's stock worth $27,229,000 after acquiring an additional 946,673 shares in the last quarter. 1060 Capital LLC acquired a new position in Rush Street Interactive during the 2nd quarter worth approximately $11,222,000. Arrowstreet Capital Limited Partnership grew its holdings in Rush Street Interactive by 47.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,127,031 shares of the company's stock worth $43,562,000 after acquiring an additional 683,486 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Rush Street Interactive by 76.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,341,472 shares of the company's stock worth $26,065,000 after acquiring an additional 580,568 shares in the last quarter. Institutional investors and hedge funds own 24.78% of the company's stock.
Analysts Set New Price Targets
A number of research analysts recently weighed in on RSI shares. Freedom Capital upgraded shares of Rush Street Interactive to a "strong-buy" rating in a report on Wednesday, March 11th. Jefferies Financial Group restated a "buy" rating and issued a $29.00 price objective on shares of Rush Street Interactive in a report on Sunday, January 25th. Citizens Jmp lifted their price objective on shares of Rush Street Interactive from $24.00 to $25.00 and gave the company a "market outperform" rating in a report on Wednesday. Weiss Ratings restated a "hold (c-)" rating on shares of Rush Street Interactive in a report on Monday, December 29th. Finally, Wells Fargo & Company started coverage on shares of Rush Street Interactive in a report on Thursday, March 26th. They issued an "overweight" rating and a $26.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Rush Street Interactive has a consensus rating of "Moderate Buy" and a consensus price target of $23.33.
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Rush Street Interactive Company Profile
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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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