Rush Street Interactive (NYSE:RSI) CEO Richard Todd Schwartz Sells 247,114 Shares of Stock

Rush Street Interactive, Inc. (NYSE:RSIGet Free Report) CEO Richard Todd Schwartz sold 247,114 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $16.82, for a total transaction of $4,156,457.48. Following the completion of the sale, the chief executive officer directly owned 701,934 shares of the company’s stock, valued at approximately $11,806,529.88. This trade represents a 26.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Richard Todd Schwartz also recently made the following trade(s):

  • On Wednesday, February 4th, Richard Todd Schwartz sold 247,114 shares of Rush Street Interactive stock. The stock was sold at an average price of $17.61, for a total value of $4,351,677.54.
  • On Friday, January 9th, Richard Todd Schwartz sold 111,112 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.22, for a total value of $2,135,572.64.
  • On Friday, January 9th, Richard Todd Schwartz sold 47,223 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.22, for a total value of $907,626.06.
  • On Tuesday, December 9th, Richard Todd Schwartz sold 59,757 shares of Rush Street Interactive stock. The stock was sold at an average price of $18.82, for a total transaction of $1,124,626.74.
  • On Monday, December 8th, Richard Todd Schwartz sold 134,148 shares of Rush Street Interactive stock. The shares were sold at an average price of $18.37, for a total transaction of $2,464,298.76.

Rush Street Interactive Stock Up 2.6%

NYSE:RSI traded up $0.47 during trading hours on Thursday, reaching $18.65. 3,637,280 shares of the company’s stock were exchanged, compared to its average volume of 2,362,630. Rush Street Interactive, Inc. has a 1-year low of $9.54 and a 1-year high of $22.65. The firm has a market capitalization of $4.28 billion, a price-to-earnings ratio of 66.62 and a beta of 1.54. The company has a 50-day moving average of $18.44 and a 200 day moving average of $19.05.

Rush Street Interactive (NYSE:RSIGet Free Report) last announced its earnings results on Tuesday, February 17th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). Rush Street Interactive had a net margin of 2.94% and a return on equity of 19.12%. The business had revenue of $324.89 million during the quarter, compared to analysts’ expectations of $305.08 million. During the same period in the previous year, the company posted $0.07 earnings per share. Rush Street Interactive’s quarterly revenue was up 27.8% on a year-over-year basis. Research analysts forecast that Rush Street Interactive, Inc. will post 0.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on RSI. Susquehanna set a $22.00 price target on Rush Street Interactive in a report on Wednesday, January 21st. Weiss Ratings restated a “hold (c-)” rating on shares of Rush Street Interactive in a research report on Monday, December 29th. Zacks Research downgraded shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Wall Street Zen upgraded shares of Rush Street Interactive from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 7th. Finally, Citizens Jmp upgraded shares of Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 price objective for the company in a research report on Wednesday. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.00.

Check Out Our Latest Stock Analysis on Rush Street Interactive

Hedge Funds Weigh In On Rush Street Interactive

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Rush Street Interactive by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 9,050,062 shares of the company’s stock valued at $175,843,000 after purchasing an additional 227,783 shares during the last quarter. Alliancebernstein L.P. grew its stake in Rush Street Interactive by 1.3% in the 2nd quarter. Alliancebernstein L.P. now owns 6,214,230 shares of the company’s stock valued at $92,592,000 after acquiring an additional 80,471 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Rush Street Interactive by 763.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company’s stock valued at $57,815,000 after acquiring an additional 2,496,109 shares in the last quarter. William Blair Investment Management LLC raised its position in Rush Street Interactive by 17.3% during the fourth quarter. William Blair Investment Management LLC now owns 2,557,778 shares of the company’s stock worth $49,698,000 after acquiring an additional 378,002 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Rush Street Interactive by 8.3% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,517,402 shares of the company’s stock valued at $48,913,000 after purchasing an additional 193,110 shares in the last quarter. 24.78% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Rush Street Interactive

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About Rush Street Interactive

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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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