Key Points
- Judith Gold sold 48,286 shares of Rush Street Interactive on April 17 under a pre-arranged Rule 10b5-1 plan at an average price of $23.07 for about $1.11 million (she also sold 1,714 shares on April 8).
- Company performance and analyst view: RSI reported $0.08 EPS (missing estimates by $0.02) and $324.9M revenue (beat expectations, up 27.8% YoY); analysts hold a consensus "Moderate Buy" with an average target of $23.67 and several firms raising targets to $25–$26.
Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) Director Judith Gold sold 48,286 shares of Rush Street Interactive stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $23.07, for a total value of $1,113,958.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Judith Gold also recently made the following trade(s):
- On Wednesday, April 8th, Judith Gold sold 1,714 shares of Rush Street Interactive stock. The shares were sold at an average price of $23.03, for a total value of $39,473.42.
Rush Street Interactive Stock Up 1.1%
RSI stock opened at $22.93 on Friday. The firm has a market capitalization of $5.33 billion, a PE ratio of 81.89 and a beta of 1.45. Rush Street Interactive, Inc. has a twelve month low of $11.12 and a twelve month high of $23.41. The stock has a 50-day simple moving average of $20.33 and a two-hundred day simple moving average of $19.11.
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 analysts' consensus estimates of $0.10 by ($0.02). The company had revenue of $324.89 million for the quarter, compared to analysts' expectations of $305.08 million. Rush Street Interactive had a net margin of 2.94% and a return on equity of 17.95%. The firm's quarterly revenue was up 27.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.07 EPS. On average, equities research analysts anticipate that Rush Street Interactive, Inc. will post 0.04 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research analysts have weighed in on the company. Zacks Research lowered Rush Street Interactive from a "strong-buy" rating to a "hold" rating in a report on Monday, December 29th. Needham & Company LLC lifted their target price on Rush Street Interactive from $23.00 to $25.00 and gave the company a "buy" rating in a report on Wednesday, February 18th. Wells Fargo & Company assumed coverage on Rush Street Interactive in a report on Thursday, March 26th. They set an "overweight" rating and a $26.00 target price for the company. JPMorgan Chase & Co. lifted their target price on Rush Street Interactive from $20.00 to $21.00 and gave the company a "neutral" rating in a report on Thursday. Finally, Citigroup upgraded Rush Street Interactive to an "outperform" rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $23.67.
Read Our Latest Stock Analysis on Rush Street Interactive
Institutional Trading of Rush Street Interactive
A number of hedge funds have recently bought and sold shares of RSI. Ameriprise Financial Inc. lifted its position in Rush Street Interactive by 763.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company's stock worth $57,815,000 after buying an additional 2,496,109 shares during the last quarter. Two Sigma Investments LP lifted its position in Rush Street Interactive by 247.3% in the 3rd quarter. Two Sigma Investments LP now owns 1,329,550 shares of the company's stock worth $27,229,000 after buying an additional 946,673 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Rush Street Interactive by 47.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,127,031 shares of the company's stock worth $43,562,000 after buying an additional 683,486 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Rush Street Interactive by 76.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,341,472 shares of the company's stock worth $26,065,000 after buying an additional 580,568 shares during the last quarter. Finally, Norges Bank bought a new stake in Rush Street Interactive in the 4th quarter worth approximately $10,972,000. Institutional investors own 24.78% of the company's stock.
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.
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