Rush Street Interactive (NYSE:RSI) Insider Paul Wierbicki Sells 15,000 Shares of Stock

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

Rush Street Interactive Price Performance

RSI opened at $21.94 on Thursday. Rush Street Interactive, Inc. has a fifty-two week low of $9.66 and a fifty-two week high of $22.65. The firm has a market capitalization of $5.10 billion, a PE ratio of 78.37 and a beta of 1.54. The company’s 50-day moving average is $18.94 and its 200 day moving average is $19.04.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings results 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 the consensus estimate of $305.08 million. Rush Street Interactive had a net margin of 2.94% and a return on equity of 17.95%. Rush Street Interactive’s revenue was up 27.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.07 EPS. As a group, analysts expect that Rush Street Interactive, Inc. will post 0.04 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Citizens Jmp raised Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 target price on the stock in a research report on Wednesday, February 18th. Citigroup raised Rush Street Interactive to an “outperform” rating in a research report on Wednesday, February 18th. Needham & Company LLC raised their price objective on Rush Street Interactive from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Craig Hallum reaffirmed a “buy” rating on shares of Rush Street Interactive in a report on Tuesday, December 9th. Finally, Benchmark reiterated a “buy” rating on shares of Rush Street Interactive in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Rush Street Interactive presently has an average rating of “Moderate Buy” and a consensus price target of $22.88.

Hedge Funds Weigh In On Rush Street Interactive

Several hedge funds have recently modified their holdings of the company. Concord Wealth Partners bought a new position in shares of Rush Street Interactive in the third quarter valued at approximately $41,000. Kemnay Advisory Services Inc. bought a new stake in Rush Street Interactive during the fourth quarter worth $47,000. Empowered Funds LLC bought a new stake in Rush Street Interactive during the fourth quarter worth $55,000. Osaic Holdings Inc. boosted its position in Rush Street Interactive by 62.2% in the second quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock worth $73,000 after purchasing an additional 1,868 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in Rush Street Interactive by 57.2% in the third quarter. Pacer Advisors Inc. now owns 5,027 shares of the company’s stock worth $103,000 after purchasing an additional 1,830 shares during the last quarter. Institutional investors own 24.78% of the company’s stock.

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.