Key Points
- Rush Street Interactive COO Mattias Stetz sold 20,000 shares on June 1 at an average price of $25.63, totaling $512,600. The sale, made under a pre-arranged Rule 10b5-1 plan, reduced his ownership by 8.41%.
- Stetz has been активно selling RSI shares in recent weeks, including multiple transactions in late March through early May, with several large sales around the $24 to $28 range.
- The company reported strong quarterly results, with EPS of $0.14 and revenue of $370.36 million, both ahead of analyst expectations. Revenue rose 41.1% year over year, while analysts currently rate the stock a “Moderate Buy” with an average target price of $29.25.
Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) COO Mattias Stetz sold 20,000 shares of the firm's stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $25.63, for a total value of $512,600.00. Following the transaction, the chief operating officer owned 217,874 shares of the company's stock, valued at $5,584,110.62. This trade represents a 8.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mattias Stetz also recently made the following trade(s):
- On Wednesday, May 6th, Mattias Stetz sold 11,175 shares of Rush Street Interactive stock. The stock was sold at an average price of $24.96, for a total transaction of $278,928.00.
- On Tuesday, May 5th, Mattias Stetz sold 74,500 shares of Rush Street Interactive stock. The shares were sold at an average price of $24.96, for a total transaction of $1,859,520.00.
- On Friday, May 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $28.09, for a total value of $561,800.00.
- On Wednesday, April 29th, Mattias Stetz sold 50,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $27.44, for a total value of $1,372,000.00.
- On Monday, April 27th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $24.06, for a total transaction of $481,200.00.
- On Wednesday, April 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $22.07, for a total transaction of $441,400.00.
- On Tuesday, March 24th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $22.02, for a total value of $440,400.00.
Rush Street Interactive Stock Down 0.0%
NYSE RSI opened at $25.42 on Thursday. Rush Street Interactive, Inc. has a 52 week low of $12.36 and a 52 week high of $29.24. The business has a 50 day moving average price of $24.68 and a 200-day moving average price of $20.86. The company has a market cap of $5.92 billion, a price-to-earnings ratio of 82.00 and a beta of 1.58.
Rush Street Interactive (NYSE:RSI - Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. Rush Street Interactive had a return on equity of 17.21% and a net margin of 2.98%.The company had revenue of $370.36 million for the quarter, compared to analysts' expectations of $330.83 million. During the same period last year, the business earned $0.09 EPS. Rush Street Interactive's quarterly revenue was up 41.1% compared to the same quarter last year. On average, equities research analysts anticipate that Rush Street Interactive, Inc. will post 0.47 earnings per share for the current year.
Institutional Trading of Rush Street Interactive
Several institutional investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Rush Street Interactive by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,163 shares of the company's stock valued at $484,000 after purchasing an additional 1,893 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Rush Street Interactive by 18.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company's stock worth $7,394,000 after purchasing an additional 109,366 shares in the last quarter. Prudential Financial Inc. bought a new stake in Rush Street Interactive in the 2nd quarter worth about $166,000. Invesco Ltd. increased its stake in Rush Street Interactive by 377.1% in the 2nd quarter. Invesco Ltd. now owns 272,693 shares of the company's stock valued at $4,063,000 after buying an additional 215,538 shares during the last quarter. Finally, First Trust Advisors LP bought a new position in shares of Rush Street Interactive during the 2nd quarter worth approximately $3,766,000. Institutional investors own 24.78% of the company's stock.
Wall Street Analysts Forecast Growth
RSI has been the subject of a number of analyst reports. Needham & Company LLC lifted their price objective on shares of Rush Street Interactive from $25.00 to $33.00 and gave the company a "buy" rating in a report on Wednesday, April 29th. Freedom Capital upgraded shares of Rush Street Interactive to a "strong-buy" rating in a report on Wednesday, March 11th. JPMorgan Chase & Co. lifted their price target on Rush Street Interactive from $20.00 to $21.00 and gave the company a "neutral" rating in a research note on Thursday, April 16th. Citigroup reissued an "outperform" rating on shares of Rush Street Interactive in a report on Wednesday, May 20th. Finally, Jefferies Financial Group increased their price objective on Rush Street Interactive from $30.00 to $32.00 and gave the stock a "buy" rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $29.25.
Check Out Our Latest Stock Analysis 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.
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