Insider Selling: Rush Street Interactive (NYSE:RSI) Insider Sells $301,200.00 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) insider Paul Wierbicki sold 10,000 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $30.12, for a total transaction of $301,200.00. Following the sale, the insider directly owned 93,256 shares in the company, valued at approximately $2,808,870.72. The trade was a 9.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Paul Wierbicki also recently made the following trade(s):

• On Wednesday, April 29th, Paul Wierbicki sold 45,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $27.55, for a total transaction of $1,239,750.00.
• On Wednesday, April 8th, Paul Wierbicki sold 15,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $23.00, for a total transaction of $345,000.00.

Rush Street Interactive Trading Up 0.0%

Shares of RSI stock opened at $31.57 on Monday. Rush Street Interactive, Inc. has a 12-month low of $14.38 and a 12-month high of $31.65. The firm’s 50 day moving average is $27.06 and its 200 day moving average is $22.18. The stock has a market capitalization of $7.35 billion, a P/E ratio of 101.85 and a beta of 1.58.

Rush Street Interactive (NYSE:RSI) last posted its earnings results on Tuesday, April 28th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $370.36 million during the quarter, compared to the consensus estimate of $330.82 million. Rush Street Interactive had a net margin of 2.98% and a return on equity of 17.21%. The firm’s revenue was up 41.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.09 EPS. As a group, equities analysts predict that Rush Street Interactive, Inc. will post 0.47 earnings per share for the current year.

Institutional Trading of Rush Street Interactive

Several hedge funds have recently bought and sold shares of the stock. Kemnay Advisory Services Inc. purchased a new stake in Rush Street Interactive in the fourth quarter worth about $47,000. Empowered Funds LLC bought a new position in shares of Rush Street Interactive during the 4th quarter valued at approximately $55,000. Osaic Holdings Inc. grew its stake in shares of Rush Street Interactive by 62.2% during 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. Lazard Asset Management LLC purchased a new stake in Rush Street Interactive in the 2nd quarter worth approximately $90,000. Finally, US Bancorp DE purchased a new stake in Rush Street Interactive in the 3rd quarter worth approximately $115,000. Institutional investors own 24.78% of the company’s stock.

Wall Street Analysts Forecast Growth

RSI has been the subject of a number of research reports. Jefferies Financial Group upped their price objective on Rush Street Interactive from $30.00 to $32.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Wall Street Zen downgraded Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Susquehanna boosted their price target on Rush Street Interactive from $25.00 to $29.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. increased their price objective on shares of Rush Street Interactive from $20.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, April 16th. Finally, Wells Fargo & Company raised their price objective on shares of Rush Street Interactive from $26.00 to $29.00 and gave the stock an “overweight” rating in a report 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 given a Hold rating to the company. Based on data from MarketBeat, Rush Street Interactive presently has a consensus rating of “Moderate Buy” and an average price target of $29.25.

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.