Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) COO Mattias Stetz sold 3,777 shares of the company's stock in a transaction that occurred on Wednesday, April 23rd. The stock was sold at an average price of $12.08, for a total transaction of $45,626.16. Following the completion of the transaction, the chief operating officer now owns 421,051 shares of the company's stock, valued at approximately $5,086,296.08. The trade was a 0.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Mattias Stetz also recently made the following trade(s):
- On Wednesday, April 9th, Mattias Stetz sold 1,223 shares of Rush Street Interactive stock. The shares were sold at an average price of $12.00, for a total value of $14,676.00.
- On Tuesday, April 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $10.84, for a total transaction 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 transaction 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 value of $360,000.00.
Rush Street Interactive Trading Up 2.1 %
Shares of NYSE:RSI opened at $12.26 on Friday. Rush Street Interactive, Inc. has a twelve month low of $5.87 and a twelve month high of $16.78. The company has a market cap of $2.80 billion, a PE ratio of -613.00 and a beta of 1.90. The company's 50 day moving average is $11.46 and its 200 day moving average is $12.62.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on RSI. Macquarie restated an "outperform" rating and issued a $16.00 target price on shares of Rush Street Interactive in a report on Thursday, February 27th. JMP Securities reissued a "market perform" rating on shares of Rush Street Interactive in a research note on Monday, January 6th. Susquehanna upgraded Rush Street Interactive from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 28th. Wells Fargo & Company lifted their target price on Rush Street Interactive from $14.00 to $15.00 and gave the stock an "overweight" rating in a report on Thursday, February 27th. Finally, Jefferies Financial Group increased their price target on Rush Street Interactive from $16.00 to $17.00 and gave the company a "buy" rating in a report on Wednesday, January 15th. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $15.50.
Check Out Our Latest Research Report on Rush Street Interactive
Institutional Investors Weigh In On Rush Street Interactive
A number of hedge funds and other institutional investors have recently made changes to their positions in RSI. R Squared Ltd acquired a new stake in shares of Rush Street Interactive during the 4th quarter valued at about $28,000. Heck Capital Advisors LLC purchased a new stake in shares of Rush Street Interactive in the fourth quarter valued at approximately $34,000. GAMMA Investing LLC raised its stake in shares of Rush Street Interactive by 1,687.6% during the 1st quarter. GAMMA Investing LLC now owns 6,507 shares of the company's stock worth $70,000 after buying an additional 6,143 shares during the period. WealthTrak Capital Management LLC purchased a new position in shares of Rush Street Interactive during the 4th quarter valued at approximately $71,000. Finally, Lazard Asset Management LLC acquired a new stake in Rush Street Interactive in the 4th quarter valued at $95,000. 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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