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

Rush Street Interactive, Inc. (NYSE:RSI) insider Paul Wierbicki sold 15,000 shares of the firm’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $23.00, for a total value of $345,000.00. Following the sale, the insider directly owned 138,256 shares of the company’s stock, valued at $3,179,888. This represents a 9.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 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 value of $315,750.00.

Rush Street Interactive Stock Performance

Shares of NYSE:RSI traded up $0.13 during midday trading on Wednesday, hitting $22.19. 1,218,928 shares of the stock were exchanged, compared to its average volume of 2,045,802. The business’s 50-day moving average price is $19.57 and its 200 day moving average price is $19.06. Rush Street Interactive, Inc. has a 12 month low of $10.54 and a 12 month high of $23.15. The stock has a market capitalization of $5.16 billion, a price-to-earnings ratio of 79.24 and a beta of 1.45.

Rush Street Interactive (NYSE:RSI) last announced its earnings results on Tuesday, February 17th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.02). Rush Street Interactive had a net margin of 2.94% and a return on equity of 17.95%. The company had revenue of $324.89 million during the quarter, compared to the consensus estimate of $305.08 million. During the same quarter in the previous year, the company earned $0.07 earnings per share. The business’s revenue was up 27.8% on a year-over-year basis. As a group, sell-side analysts expect that Rush Street Interactive, Inc. will post 0.04 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on RSI. Citizens Jmp upped their target price on Rush Street Interactive from $24.00 to $25.00 and gave the stock a “market outperform” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Rush Street Interactive in a research report on Monday, December 29th. Oppenheimer upped their target price on Rush Street Interactive from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Wells Fargo & Company assumed coverage on Rush Street Interactive in a research report on Thursday, March 26th. They set an “overweight” rating and a $26.00 target price on the stock. Finally, Craig Hallum reiterated a “buy” rating on shares of Rush Street Interactive in a report on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $23.33.

Institutional Trading of Rush Street Interactive

A number of institutional investors have recently added to or reduced their stakes in the stock. Man Group plc raised its holdings in shares of Rush Street Interactive by 0.7% during the 2nd quarter. Man Group plc now owns 89,535 shares of the company’s stock valued at $1,334,000 after buying an additional 654 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Rush Street Interactive by 4.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 19,422 shares of the company’s stock valued at $398,000 after buying an additional 752 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of Rush Street Interactive by 4.6% during the 4th quarter. Cerity Partners LLC now owns 23,675 shares of the company’s stock valued at $460,000 after buying an additional 1,042 shares in the last quarter. New York State Teachers Retirement System raised its holdings in shares of Rush Street Interactive by 15.6% during the 3rd quarter. New York State Teachers Retirement System now owns 8,022 shares of the company’s stock valued at $164,000 after buying an additional 1,084 shares in the last quarter. Finally, Diversified Trust Co raised its holdings in shares of Rush Street Interactive by 5.8% during the 3rd quarter. Diversified Trust Co now owns 27,049 shares of the company’s stock valued at $554,000 after buying an additional 1,474 shares in the last quarter. Hedge funds and other institutional investors own 24.78% of the company’s stock.

Rush Street Interactive Company Profile

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.