Richard Todd Schwartz Sells 247,114 Shares of Rush Street Interactive (NYSE:RSI) Stock

Rush Street Interactive, Inc. (NYSE:RSIGet Free Report) CEO Richard Todd Schwartz sold 247,114 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $16.82, for a total value of $4,156,457.48. Following the sale, the chief executive officer owned 701,934 shares in the company, valued at approximately $11,806,529.88. This trade represents a 26.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Richard Todd Schwartz also recently made the following trade(s):

  • On Wednesday, February 4th, Richard Todd Schwartz sold 247,114 shares of Rush Street Interactive stock. The stock was sold at an average price of $17.61, for a total value of $4,351,677.54.
  • On Friday, January 9th, Richard Todd Schwartz sold 111,112 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.22, for a total value of $2,135,572.64.
  • On Friday, January 9th, Richard Todd Schwartz sold 47,223 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.22, for a total value of $907,626.06.
  • On Tuesday, December 9th, Richard Todd Schwartz sold 59,757 shares of Rush Street Interactive stock. The shares were sold at an average price of $18.82, for a total transaction of $1,124,626.74.
  • On Monday, December 8th, Richard Todd Schwartz sold 134,148 shares of Rush Street Interactive stock. The stock was sold at an average price of $18.37, for a total transaction of $2,464,298.76.

Rush Street Interactive Trading Up 2.6%

Shares of NYSE RSI traded up $0.47 during midday trading on Thursday, reaching $18.65. 3,637,280 shares of the stock were exchanged, compared to its average volume of 2,362,630. The stock has a 50 day moving average price of $18.44 and a 200-day moving average price of $19.05. The company has a market capitalization of $4.28 billion, a P/E ratio of 66.62 and a beta of 1.54. Rush Street Interactive, Inc. has a 52-week low of $9.54 and a 52-week high of $22.65.

Rush Street Interactive (NYSE:RSIGet Free Report) last announced its earnings results on Tuesday, February 17th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The firm had revenue of $324.89 million for the quarter, compared to analyst estimates of $305.08 million. Rush Street Interactive had a return on equity of 19.12% and a net margin of 2.94%.The firm’s revenue was up 27.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.07 EPS. On average, analysts forecast that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current year.

Hedge Funds Weigh In On Rush Street Interactive

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Man Group plc raised its stake in shares of Rush Street Interactive by 0.7% during the second quarter. Man Group plc now owns 89,535 shares of the company’s stock valued at $1,334,000 after purchasing an additional 654 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in 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 worth $398,000 after buying an additional 752 shares during the period. Cerity Partners LLC lifted its holdings in Rush Street Interactive by 4.6% in the 4th quarter. Cerity Partners LLC now owns 23,675 shares of the company’s stock worth $460,000 after buying an additional 1,042 shares in the last quarter. New York State Teachers Retirement System boosted its position in Rush Street Interactive by 15.6% in 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 during the last quarter. Finally, Teacher Retirement System of Texas grew its stake in shares of Rush Street Interactive by 11.1% during the second quarter. Teacher Retirement System of Texas now owns 13,615 shares of the company’s stock valued at $203,000 after acquiring an additional 1,358 shares in the last quarter. Hedge funds and other institutional investors own 24.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Needham & Company LLC raised their price target on Rush Street Interactive from $23.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday. Oppenheimer boosted their target price on shares of Rush Street Interactive from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday. Benchmark reaffirmed a “buy” rating on shares of Rush Street Interactive in a research note on Wednesday. Citizens Jmp raised shares of Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 price objective for the company in a research note on Wednesday. Finally, Citigroup upgraded Rush Street Interactive to an “outperform” rating in a report on Wednesday. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Rush Street Interactive presently has an average rating of “Moderate Buy” and an average target price of $22.00.

Check Out Our Latest Research Report on Rush Street Interactive

Rush Street Interactive News Roundup

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About Rush Street Interactive

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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.

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