Insider Selling: Rush Street Interactive (NYSE:RSI) Director Sells 1,714 Shares of Stock

Key Points

• Director Judith Gold sold 1,714 shares of Rush Street Interactive on April 8 at an average price of $23.03 for about $39,473, executed under a pre‑arranged Rule 10b5-1 plan, leaving her with 119,597 shares (a 1.41% ownership decrease).
• Rush Street Interactive reported Q2 revenue of $324.89M (+27.8% YoY) which beat estimates while EPS of $0.08 missed the $0.10 consensus; the stock recently traded at $21.17, has a market cap of ~$4.92B, and carries a MarketBeat consensus rating of "Moderate Buy" with a $23.33 target.

Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) Director Judith Gold sold 1,714 shares of Rush Street Interactive stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $23.03, for a total value of $39,473.42. Following the sale, the director owned 119,597 shares in the company, valued at $2,754,318.91. This represents a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rush Street Interactive Stock Down 1.1%

Shares of RSI traded down $0.24 during midday trading on Friday, hitting $21.17. The company had a trading volume of 861,686 shares, compared to its average volume of 2,013,337. The company's 50 day moving average price is $19.76 and its 200 day moving average price is $19.10. The stock has a market cap of $4.92 billion, a price-to-earnings ratio of 75.62 and a beta of 1.45. Rush Street Interactive, Inc. has a 52 week low of $11.04 and a 52 week high of $23.15.

Rush Street Interactive (NYSE:RSI - Get Free Report) last released its earnings results on Tuesday, February 17th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.02). The company had revenue of $324.89 million during the quarter, compared to the consensus estimate of $305.08 million. Rush Street Interactive had a return on equity of 17.95% and a net margin of 2.94%.Rush Street Interactive's revenue for the quarter was up 27.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.07 EPS. Equities analysts anticipate that Rush Street Interactive, Inc. will post 0.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on RSI shares. Citigroup upgraded Rush Street Interactive to an "outperform" rating in a research note on Wednesday, February 18th. Wall Street Zen cut Rush Street Interactive from a "strong-buy" rating to a "buy" rating in a research note on Saturday, February 21st. Zacks Research cut Rush Street Interactive from a "strong-buy" rating to a "hold" rating in a research note on Monday, December 29th. Weiss Ratings reissued a "hold (c-)" rating on shares of Rush Street Interactive in a research note on Monday, December 29th. Finally, Freedom Capital upgraded shares of Rush Street Interactive to a "strong-buy" rating in a report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $23.33.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of RSI. Concord Wealth Partners bought a new position in Rush Street Interactive during the third quarter valued at about $41,000. Kemnay Advisory Services Inc. bought a new position in Rush Street Interactive during the fourth quarter valued at about $47,000. Empowered Funds LLC bought a new stake in Rush Street Interactive during the fourth quarter worth approximately $55,000. Osaic Holdings Inc. boosted its holdings in Rush Street Interactive by 62.2% during the second quarter. Osaic Holdings Inc. now owns 4,872 shares of the company's stock worth $73,000 after buying an additional 1,868 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new stake in Rush Street Interactive during the second quarter worth approximately $90,000. Institutional investors own 24.78% of the company's stock.

Rush Street Interactive Company Profile

Rush Street Interactive NYSE: RSI is a digital gaming and sports betting company that develops and operates online wagering platforms in regulated markets. As a subsidiary of Rush Street Gaming, the company specializes in delivering interactive casino games, live dealer experiences, and sports betting services through desktop and mobile applications. Its technology infrastructure is designed to support real-time wagering, secure transactions, and responsible gaming tools across multiple jurisdictions.

The company’s flagship brand, BetRivers, offers a range of casino titles—including slots, table games, and virtual sports—alongside a comprehensive sportsbook featuring pre-game and in-play betting markets.

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