Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) COO Mattias Stetz sold 25,000 shares of Rush Street Interactive stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $14.40, for a total value of $360,000.00. Following the completion of the sale, the chief operating officer now owns 561,089 shares in the company, valued at approximately $8,079,681.60. This represents a 4.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Mattias Stetz also recently made the following trade(s):
- On Tuesday, January 14th, Mattias Stetz sold 1,500 shares of Rush Street Interactive stock. The shares were sold at an average price of $15.00, for a total value of $22,500.00.
- On Thursday, January 2nd, Mattias Stetz sold 17,542 shares of Rush Street Interactive stock. The shares were sold at an average price of $14.04, for a total value of $246,289.68.
- On Monday, December 2nd, Mattias Stetz sold 25,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $14.50, for a total value of $362,500.00.
- On Wednesday, November 20th, Mattias Stetz sold 5,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $12.00, for a total value of $60,000.00.
- On Friday, November 15th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $11.02, for a total value of $220,400.00.
Rush Street Interactive Stock Performance
Shares of RSI stock traded down $0.32 during mid-day trading on Friday, hitting $14.07. The company's stock had a trading volume of 3,215,940 shares, compared to its average volume of 1,648,963. Rush Street Interactive, Inc. has a 52-week low of $5.22 and a 52-week high of $15.98. The business has a 50-day moving average price of $14.15 and a 200 day moving average price of $11.80. The stock has a market cap of $3.18 billion, a price-to-earnings ratio of -703.40 and a beta of 1.88.
Analyst Ratings Changes
Several equities research analysts have commented on RSI shares. Needham & Company LLC boosted their target price on Rush Street Interactive from $15.00 to $17.00 and gave the stock a "buy" rating in a report on Friday, January 17th. Craig Hallum boosted their target price on Rush Street Interactive from $14.00 to $17.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. JMP Securities reissued a "market perform" rating on shares of Rush Street Interactive in a report on Monday, January 6th. Finally, Jefferies Financial Group boosted their target price on Rush Street Interactive from $16.00 to $17.00 and gave the stock a "buy" rating in a report on Wednesday, January 15th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $14.00.
Get Our Latest Stock Analysis on RSI
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its stake in shares of Rush Street Interactive by 5.6% in the third quarter. Geode Capital Management LLC now owns 1,736,259 shares of the company's stock worth $18,843,000 after purchasing an additional 92,314 shares during the last quarter. State Street Corp raised its stake in shares of Rush Street Interactive by 3.6% in the third quarter. State Street Corp now owns 1,612,892 shares of the company's stock worth $17,500,000 after purchasing an additional 55,697 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Rush Street Interactive by 18.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 879,563 shares of the company's stock valued at $12,068,000 after acquiring an additional 137,701 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in Rush Street Interactive by 72.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 820,955 shares of the company's stock valued at $8,907,000 after acquiring an additional 344,276 shares during the last quarter. Finally, Millennium Management LLC increased its position in Rush Street Interactive by 378.4% during the second quarter. Millennium Management LLC now owns 620,552 shares of the company's stock valued at $5,951,000 after acquiring an additional 490,831 shares during the last quarter. Hedge funds and other 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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