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

Rush Street Interactive, Inc. (NYSE:RSI) insider Paul Wierbicki sold 10,000 shares of the firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $30.12, for a total transaction of $301,200.00. Following the completion of the transaction, the insider owned 93,256 shares in the company, valued at $2,808,870.72. The trade was a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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 Price Performance

RSI stock traded up $1.21 on Friday, reaching $31.57. 5,107,659 shares of the company were exchanged, compared to its average volume of 2,233,046. The stock’s fifty day moving average price is $26.88 and its 200 day moving average price is $22.08. Rush Street Interactive, Inc. has a 12 month low of $14.38 and a 12 month high of $31.65. The firm has a market capitalization of $7.35 billion, a PE ratio of 101.85 and a beta of 1.58.

Rush Street Interactive (NYSE:RSI) last released its earnings results on Tuesday, April 28th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. The business 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 firm’s revenue was up 41.1% on a year-over-year basis. During the same quarter last year, the company earned $0.09 earnings per share. As a group, research analysts expect that Rush Street Interactive, Inc. will post 0.47 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased 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 worth $484,000 after purchasing an additional 1,893 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Rush Street Interactive by 18.8% during the first quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company’s stock worth $7,394,000 after buying an additional 109,366 shares during the last quarter. Prudential Financial Inc. bought a new stake in Rush Street Interactive during the second quarter worth about $166,000. Invesco Ltd. increased its holdings in shares of Rush Street Interactive by 377.1% during the second quarter. Invesco Ltd. now owns 272,693 shares of the company’s stock worth $4,063,000 after buying an additional 215,538 shares in the last quarter. Finally, First Trust Advisors LP acquired a new stake in shares of Rush Street Interactive during the second quarter worth approximately $3,766,000. 24.78% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Benchmark boosted their price target on shares of Rush Street Interactive from $24.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Citizens Jmp lifted their target price on shares of Rush Street Interactive from $27.00 to $30.00 and gave the company a “market outperform” rating in a research report on Wednesday, May 20th. Needham & Company LLC upped their target price on shares of Rush Street Interactive from $25.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Citigroup reissued an “outperform” rating on shares of Rush Street Interactive in a research report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. raised their price target on shares of Rush Street Interactive from $20.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, April 16th. 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.25.

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.