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 Rush Street Interactive stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $30.12, for a total value of $301,200.00. Following the completion of the transaction, the insider owned 93,256 shares of the company’s stock, 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 SEC, which is accessible through the SEC website.

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 stock was sold at an average price of $27.55, for a total value 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 value of $345,000.00.

Rush Street Interactive Trading Up 4.0%

Shares of Rush Street Interactive stock traded up $1.21 during trading on Friday, reaching $31.57. The company’s stock had a trading volume of 5,107,659 shares, compared to its average volume of 2,233,046. The stock has a 50-day moving average price of $26.88 and a two-hundred day moving average price of $22.08. Rush Street Interactive, Inc. has a one year low of $14.38 and a one year high of $31.65. 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 issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The firm had revenue of $370.36 million for the quarter, compared to analyst estimates of $330.82 million. Rush Street Interactive had a net margin of 2.98% and a return on equity of 17.21%. The company’s revenue was up 41.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.09 EPS. As a group, sell-side analysts anticipate that Rush Street Interactive, Inc. will post 0.47 EPS for the current fiscal year.

Institutional Trading of Rush Street Interactive

Institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Rush Street Interactive by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,163 shares of the company’s stock valued at $484,000 after acquiring an additional 1,893 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Rush Street Interactive by 18.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company’s stock worth $7,394,000 after purchasing an additional 109,366 shares during the last quarter. Prudential Financial Inc. acquired a new stake in shares of Rush Street Interactive during the second quarter worth $166,000. Invesco Ltd. increased its holdings in Rush Street Interactive by 377.1% in the second quarter. Invesco Ltd. now owns 272,693 shares of the company’s stock valued at $4,063,000 after purchasing an additional 215,538 shares during the last quarter. Finally, First Trust Advisors LP bought a new stake in Rush Street Interactive in the second quarter valued at about $3,766,000. Institutional investors and hedge funds own 24.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on RSI shares. Wall Street Zen lowered shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Citizens Jmp upped their price objective on Rush Street Interactive from $27.00 to $30.00 and gave the stock a “market outperform” rating in a report on Wednesday, May 20th. Benchmark increased their price objective on Rush Street Interactive from $24.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Susquehanna lifted their target price 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. Finally, Freedom Capital upgraded Rush Street Interactive to a “strong-buy” rating in a research report on Wednesday, March 11th. One investment 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’s stock. According to MarketBeat.com, Rush Street Interactive presently has a consensus rating of “Moderate Buy” and a consensus target price 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.