Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) COO Mattias Stetz sold 1,223 shares of the business's stock in a transaction dated Wednesday, April 9th. The stock was sold at an average price of $12.00, for a total value of $14,676.00. Following the completion of the sale, the chief operating officer now directly owns 424,828 shares of the company's stock, valued at $5,097,936. This represents a 0.29 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Mattias Stetz also recently made the following trade(s):
- On Tuesday, April 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $10.84, for a total value of $216,800.00.
- On Monday, March 3rd, Mattias Stetz sold 25,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $11.73, for a total value of $293,250.00.
- On Monday, February 3rd, Mattias Stetz sold 25,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $14.40, for a total transaction of $360,000.00.
- On Tuesday, January 14th, Mattias Stetz sold 1,500 shares of Rush Street Interactive stock. The stock was sold at an average price of $15.00, for a total transaction of $22,500.00.
Rush Street Interactive Trading Down 2.9 %
Shares of NYSE RSI opened at $11.29 on Friday. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of -564.35 and a beta of 1.90. Rush Street Interactive, Inc. has a one year low of $5.71 and a one year high of $16.78. The business has a fifty day simple moving average of $12.22 and a 200 day simple moving average of $12.55.
Analyst Upgrades and Downgrades
RSI has been the subject of a number of recent analyst reports. JMP Securities restated a "market perform" rating on shares of Rush Street Interactive in a report on Monday, January 6th. Macquarie restated an "outperform" rating and set a $16.00 target price on shares of Rush Street Interactive in a research note on Thursday, February 27th. Susquehanna raised Rush Street Interactive from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 28th. Jefferies Financial Group increased their price objective on Rush Street Interactive from $16.00 to $17.00 and gave the company a "buy" rating in a research report on Wednesday, January 15th. Finally, Needham & Company LLC restated a "buy" rating and issued a $17.00 price objective on shares of Rush Street Interactive in a research note on Thursday, February 27th. One analyst has rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Rush Street Interactive has an average rating of "Buy" and an average target price of $15.50.
Get Our Latest Analysis on RSI
Institutional Investors Weigh In On Rush Street Interactive
Several institutional investors and hedge funds have recently bought and sold shares of RSI. Exchange Traded Concepts LLC boosted its position in shares of Rush Street Interactive by 0.4% during the 4th quarter. Exchange Traded Concepts LLC now owns 260,380 shares of the company's stock valued at $3,572,000 after acquiring an additional 1,087 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Rush Street Interactive by 3.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,270 shares of the company's stock worth $594,000 after purchasing an additional 1,632 shares during the period. R Squared Ltd acquired a new stake in Rush Street Interactive during the fourth quarter valued at approximately $28,000. Arizona State Retirement System grew its stake in shares of Rush Street Interactive by 11.0% in the 4th quarter. Arizona State Retirement System now owns 22,913 shares of the company's stock valued at $314,000 after purchasing an additional 2,265 shares during the period. Finally, Tidal Investments LLC raised its holdings in shares of Rush Street Interactive by 6.3% in the 4th quarter. Tidal Investments LLC now owns 38,360 shares of the company's stock worth $526,000 after buying an additional 2,280 shares in the last quarter. Institutional investors own 24.78% of the company's stock.
Rush Street Interactive Company Profile
(
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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