Rush Street Interactive, Inc. (NYSE:RSI – Get Free Report) insider Paul Wierbicki sold 45,000 shares of the company’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $27.55, for a total transaction of $1,239,750.00. Following the transaction, the insider owned 93,256 shares in the company, valued at approximately $2,569,202.80. This trade represents a 32.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 Wednesday, April 8th, Paul Wierbicki sold 15,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $23.00, for a total transaction of $345,000.00.
- On Monday, March 23rd, Paul Wierbicki sold 15,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $21.05, for a total transaction of $315,750.00.
Rush Street Interactive Trading Up 16.7%
Shares of NYSE RSI opened at $28.01 on Thursday. Rush Street Interactive, Inc. has a 1-year low of $11.12 and a 1-year high of $29.00. The company has a 50-day moving average of $21.48 and a two-hundred day moving average of $19.39. The company has a market cap of $6.51 billion, a PE ratio of 100.03 and a beta of 1.45.
Institutional Trading of Rush Street Interactive
Several institutional investors and hedge funds have recently made changes to their positions in RSI. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Rush Street Interactive in the 3rd quarter worth $4,232,000. Vanguard Group Inc. grew its stake in shares of Rush Street Interactive by 1.2% during the third quarter. Vanguard Group Inc. now owns 8,822,279 shares of the company’s stock worth $180,680,000 after purchasing an additional 107,671 shares during the period. Emerald Advisers LLC increased its holdings in Rush Street Interactive by 12.6% in the third quarter. Emerald Advisers LLC now owns 1,341,739 shares of the company’s stock valued at $27,479,000 after purchasing an additional 149,918 shares during the last quarter. Emerald Mutual Fund Advisers Trust increased its holdings in Rush Street Interactive by 11.0% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 825,244 shares of the company’s stock valued at $16,901,000 after purchasing an additional 82,055 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in Rush Street Interactive in the third quarter valued at about $1,012,000. Institutional investors own 24.78% of the company’s stock.
Trending Headlines about Rush Street Interactive
Here are the key news stories impacting Rush Street Interactive this week:
- Positive Sentiment: Q1 results beat expectations — RSI reported $0.14 EPS vs. $0.12 consensus and revenue of $370.4M (vs. ~$327.8M est.), with strong year‑over‑year growth and improved margins; company highlighted record quarterly net income and record adjusted EBITDA, which supports the rally. Press Release: Q1 Results and Guidance Raise
- Positive Sentiment: Company raised full‑year 2026 revenue and adjusted EBITDA guidance after the quarter, giving investors a clearer path to continued topline and profit expansion. Press Release: Guidance Raise
- Positive Sentiment: Earnings call and presentation highlighted record monthly‑active‑user growth in North American online casino markets and operational momentum—details investors cited as confirming sustainable growth. Earnings Call Transcript
- Positive Sentiment: Analyst upgrades and higher price targets followed the results: Needham raised its PT to $33 (buy) and Wells Fargo to $29 (overweight), signaling increased institutional confidence in the beat + raised guidance. Needham & Wells Fargo Coverage
- Neutral Sentiment: Insider sales: Several insiders (COO Mattias Stetz, Director Judith Gold, and Paul Wierbicki) sold sizeable blocks of shares on April 27–29, executed under pre‑arranged Rule 10b5‑1 plans; such sales reduce insider ownership but are pre‑scheduled and less indicative of new negative information. Paul Wierbicki SEC filing: Wierbicki Form 4
- Neutral Sentiment: Additional insider filings: Judith Gold and Mattias Stetz Form 4s confirm their sales were under 10b5‑1 plans (links for review). Judith Gold SEC filing: Gold Form 4 — Mattias Stetz SEC filing: Stetz Form 4
Analysts Set New Price Targets
Several research firms have recently commented on RSI. Citigroup reissued an “outperform” rating on shares of Rush Street Interactive in a research note on Wednesday. Susquehanna raised their price target on Rush Street Interactive from $25.00 to $29.00 and gave the company a “positive” rating in a report on Wednesday. Freedom Capital upgraded Rush Street Interactive to a “strong-buy” rating in a research report on Wednesday, March 11th. Wall Street Zen cut Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 21st. Finally, Jefferies Financial Group upped their target price on shares of Rush Street Interactive from $30.00 to $32.00 and gave the company a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Rush Street Interactive currently has an average rating of “Moderate Buy” and a consensus price target of $27.22.
About Rush Street Interactive
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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