Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) insider Einar Roosileht sold 60,000 shares of the firm's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $10.69, for a total transaction of $641,400.00. Following the transaction, the insider now directly owns 956,150 shares in the company, valued at $10,221,243.50. The trade was a 5.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Einar Roosileht also recently made the following trade(s):
- On Monday, March 3rd, Einar Roosileht sold 70,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $11.67, for a total value of $816,900.00.
- On Monday, February 3rd, Einar Roosileht sold 70,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $14.41, for a total value of $1,008,700.00.
Rush Street Interactive Stock Performance
RSI stock traded down $0.04 during midday trading on Tuesday, reaching $10.49. 1,662,758 shares of the company's stock traded hands, compared to its average volume of 1,885,599. The firm has a market capitalization of $2.39 billion, a PE ratio of -524.40 and a beta of 1.90. The company has a 50-day moving average price of $12.40 and a two-hundred day moving average price of $12.54. Rush Street Interactive, Inc. has a 52 week low of $5.71 and a 52 week high of $16.78.
Institutional Trading of Rush Street Interactive
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Rhumbline Advisers boosted its stake in Rush Street Interactive by 4.6% in the 1st quarter. Rhumbline Advisers now owns 108,193 shares of the company's stock worth $1,160,000 after purchasing an additional 4,767 shares during the period. GAMMA Investing LLC boosted its position in shares of Rush Street Interactive by 1,687.6% in the first quarter. GAMMA Investing LLC now owns 6,507 shares of the company's stock valued at $70,000 after acquiring an additional 6,143 shares during the period. California State Teachers Retirement System grew its stake in Rush Street Interactive by 8.1% during the fourth quarter. California State Teachers Retirement System now owns 73,625 shares of the company's stock valued at $1,010,000 after acquiring an additional 5,510 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in Rush Street Interactive during the 4th quarter worth approximately $200,000. Finally, Heck Capital Advisors LLC purchased a new stake in Rush Street Interactive in the 4th quarter worth approximately $34,000. 24.78% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts have recently commented on the company. Benchmark lifted their target price on Rush Street Interactive from $12.00 to $14.00 and gave the stock a "buy" rating in a research note on Friday, February 28th. JMP Securities reaffirmed a "market perform" rating on shares of Rush Street Interactive in a research report on Monday, January 6th. Susquehanna raised shares of Rush Street Interactive from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 28th. Needham & Company LLC reaffirmed a "buy" rating and issued a $17.00 price target on shares of Rush Street Interactive in a report on Thursday, February 27th. Finally, Macquarie reiterated an "outperform" rating and issued a $16.00 price objective on shares of Rush Street Interactive in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $15.50.
View Our Latest Research Report on Rush Street Interactive
About Rush Street Interactive
(
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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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