Rush Street Interactive (NYSE:RSI) Insider Paul Wierbicki Sells 10,000 Shares of Stock

Rush Street Interactive, Inc. (NYSE:RSI) insider Paul Wierbicki sold 10,000 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $30.12, for a total value of $301,200.00. Following the sale, the insider directly owned 93,256 shares in the company, valued at approximately $2,808,870.72. This trade represents a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 value of $1,239,750.00.
• On Wednesday, April 8th, Paul Wierbicki sold 15,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $23.00, for a total transaction of $345,000.00.

Rush Street Interactive Stock Up 4.0%

Shares of Rush Street Interactive stock opened at $31.57 on Friday. Rush Street Interactive, Inc. has a 12-month low of $14.38 and a 12-month high of $31.65. The company has a market capitalization of $7.35 billion, a price-to-earnings ratio of 101.85 and a beta of 1.58. The firm’s 50-day moving average price is $27.06 and its two-hundred day moving average price is $22.15.

Rush Street Interactive (NYSE:RSI) last issued its earnings results on Tuesday, April 28th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. The company had revenue of $370.36 million during the quarter, compared to analysts’ expectations of $330.82 million. Rush Street Interactive had a net margin of 2.98% and a return on equity of 17.21%. The business’s revenue for the quarter was up 41.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.09 EPS. On average, sell-side analysts expect that Rush Street Interactive, Inc. will post 0.47 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Prospect Capital Advisors LLC grew its position in shares of Rush Street Interactive by 9.1% in the 1st quarter. Prospect Capital Advisors LLC now owns 482,500 shares of the company’s stock valued at $10,494,000 after buying an additional 40,050 shares during the last quarter. Bank of America Corp DE raised its position in shares of Rush Street Interactive by 81.8% during the first quarter. Bank of America Corp DE now owns 852,653 shares of the company’s stock worth $18,545,000 after acquiring an additional 383,745 shares during the last quarter. Cim LLC bought a new stake in Rush Street Interactive in the first quarter valued at approximately $496,000. California State Teachers Retirement System increased its position in Rush Street Interactive by 40.0% during the 1st quarter. California State Teachers Retirement System now owns 129,277 shares of the company’s stock valued at $2,812,000 after purchasing an additional 36,943 shares during the period. Finally, Quantinno Capital Management LP acquired a new stake in Rush Street Interactive during the 1st quarter valued at approximately $1,769,000. 24.78% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on RSI. Freedom Capital raised Rush Street Interactive to a “strong-buy” rating in a report on Wednesday, March 11th. Jefferies Financial Group lifted their target price 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. Susquehanna boosted their target price on Rush Street Interactive from $25.00 to $29.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th. Benchmark raised their price target on shares of Rush Street Interactive from $24.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Citizens Jmp lifted their price target on shares of Rush Street Interactive from $27.00 to $30.00 and gave the company a “market outperform” rating in a report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company 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.