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 that occurred 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 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 transaction 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 transaction of $345,000.00.

Rush Street Interactive Trading Up 4.0%

Shares of NYSE:RSI opened at $31.57 on Friday. Rush Street Interactive, Inc. has a 52 week low of $14.38 and a 52 week high of $31.65. The company’s 50 day moving average is $27.06 and its two-hundred day moving average is $22.15. The company has a market cap of $7.35 billion, a PE ratio of 101.85 and a beta of 1.58.

Rush Street Interactive (NYSE:RSI) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.14 earnings per share (EPS) for the quarter, topping 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 company’s revenue for the quarter was up 41.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.09 EPS. As a group, equities research analysts expect that Rush Street Interactive, Inc. will post 0.47 EPS for the current year.

Institutional Investors Weigh In On Rush Street Interactive

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on RSI shares. Freedom Capital raised Rush Street Interactive to a “strong-buy” rating in a research report on Wednesday, March 11th. JPMorgan Chase & Co. boosted their target price on Rush Street Interactive from $20.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, April 16th. Wells Fargo & Company boosted their target price on Rush Street Interactive from $26.00 to $29.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Needham & Company LLC increased their price target 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. Finally, Citigroup reiterated an “outperform” rating on shares of Rush Street Interactive in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company 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.