Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) CEO Richard Todd Schwartz sold 45,256 shares of Rush Street Interactive stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $13.51, for a total value of $611,408.56. Following the completion of the transaction, the chief executive officer now owns 1,762,227 shares of the company's stock, valued at approximately $23,807,686.77. The trade was a 2.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Richard Todd Schwartz also recently made the following trade(s):
- On Monday, November 18th, Richard Todd Schwartz sold 90,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $11.20, for a total value of $1,008,000.00.
- On Friday, November 15th, Richard Todd Schwartz sold 103,905 shares of Rush Street Interactive stock. The stock was sold at an average price of $11.02, for a total value of $1,145,033.10.
Rush Street Interactive Price Performance
RSI opened at $13.51 on Wednesday. The business has a 50 day moving average price of $11.83 and a two-hundred day moving average price of $10.33. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of -675.50 and a beta of 1.88. Rush Street Interactive, Inc. has a 1-year low of $3.56 and a 1-year high of $14.92.
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RSI has been the topic of a number of analyst reports. Jefferies Financial Group increased their price objective on shares of Rush Street Interactive from $15.00 to $16.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. Needham & Company LLC boosted their price objective on Rush Street Interactive from $14.00 to $15.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Finally, Craig Hallum raised their target price on Rush Street Interactive from $14.00 to $17.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $12.43.
View Our Latest Stock Report on Rush Street Interactive
Institutional Trading of Rush Street Interactive
Several institutional investors have recently modified their holdings of RSI. SG Americas Securities LLC acquired a new position in Rush Street Interactive during the second quarter worth about $1,565,000. Assenagon Asset Management S.A. grew its stake in shares of Rush Street Interactive by 157.9% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,425,016 shares of the company's stock worth $13,666,000 after purchasing an additional 872,367 shares during the last quarter. Calamos Advisors LLC bought a new stake in shares of Rush Street Interactive in the 2nd quarter worth approximately $868,000. Bank of New York Mellon Corp lifted its stake in Rush Street Interactive by 40.5% during the second quarter. Bank of New York Mellon Corp now owns 252,514 shares of the company's stock valued at $2,422,000 after purchasing an additional 72,831 shares during the last quarter. Finally, Principal Financial Group Inc. bought a new stake in Rush Street Interactive during the second quarter worth approximately $98,000. Institutional investors and hedge funds own 24.78% of the company's stock.
About Rush Street Interactive
(
Get Free Report)
Rush Street Interactive, Inc operates as an online casino and sports betting company in the United States, Canada, Mexico, and rest of Latin America. It provides real-money online casino, online and retail sports betting, and social gaming services. In addition, the company offers full suite of games comprising of bricks-and-mortar casinos, table games, and slot machines.
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