Rush Street Interactive (NYSE:RSI) Insider Sells $315,750.00 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) insider Paul Wierbicki sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $21.05, for a total value of $315,750.00. Following the completion of the transaction, the insider owned 168,256 shares in the company, valued at $3,541,788.80. The trade was a 8.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Rush Street Interactive Trading Down 2.0%

Shares of RSI opened at $21.03 on Friday. The company has a market capitalization of $4.89 billion, a price-to-earnings ratio of 75.09 and a beta of 1.54. The stock has a 50 day moving average of $19.01 and a 200 day moving average of $19.06. Rush Street Interactive, Inc. has a 12 month low of $9.66 and a 12 month high of $22.65.

Rush Street Interactive (NYSE:RSI) last posted its quarterly earnings data on Tuesday, February 17th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.02). The business had revenue of $324.89 million during 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 firm’s revenue for the quarter was up 27.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.07 EPS. As a group, equities research analysts predict that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Zacks Research downgraded shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Benchmark restated a “buy” rating on shares of Rush Street Interactive in a report on Wednesday, February 18th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Rush Street Interactive in a research report on Monday, December 29th. Citigroup upgraded shares of Rush Street Interactive to an “outperform” rating in a research note on Wednesday, February 18th. Finally, Citizens Jmp raised shares of Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 target price for the company in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Rush Street Interactive currently has an average rating of “Moderate Buy” and an average price target of $23.22.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in RSI. Concord Wealth Partners bought a new position in shares of Rush Street Interactive during the 3rd quarter worth $41,000. Kemnay Advisory Services Inc. purchased a new stake in Rush Street Interactive in the 4th quarter worth about $47,000. Empowered Funds LLC bought a new stake in Rush Street Interactive in the 4th quarter valued at about $55,000. Osaic Holdings Inc. raised its stake in Rush Street Interactive by 62.2% in the 2nd quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock valued at $73,000 after acquiring an additional 1,868 shares during the period. Finally, Pacer Advisors Inc. lifted its holdings in Rush Street Interactive by 57.2% during the third quarter. Pacer Advisors Inc. now owns 5,027 shares of the company’s stock valued at $103,000 after purchasing an additional 1,830 shares during the last quarter. Hedge funds and other institutional investors own 24.78% of the company’s stock.

Rush Street Interactive Company Profile

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.