Rush Street Interactive, Inc. (NYSE:RSI – Get Free Report) Director Judith Gold sold 150,000 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $9.50, for a total transaction of $1,425,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Rush Street Interactive Stock Performance
Rush Street Interactive stock opened at $9.04 on Monday. The company’s 50 day simple moving average is $9.47 and its 200-day simple moving average is $7.63. Rush Street Interactive, Inc. has a 1 year low of $3.17 and a 1 year high of $11.59. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of -53.18 and a beta of 1.79.
Rush Street Interactive (NYSE:RSI – Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.06. Rush Street Interactive had a negative net margin of 0.84% and a negative return on equity of 12.65%. The firm had revenue of $220.38 million during the quarter, compared to the consensus estimate of $201.37 million. During the same quarter last year, the firm earned ($0.08) EPS. The firm’s revenue for the quarter was up 33.5% on a year-over-year basis. Equities analysts expect that Rush Street Interactive, Inc. will post -0.05 earnings per share for the current year.
Analysts Set New Price Targets
View Our Latest Stock Report on RSI
Hedge Funds Weigh In On Rush Street Interactive
Several hedge funds have recently bought and sold shares of RSI. Principal Financial Group Inc. purchased a new position in shares of Rush Street Interactive in the second quarter valued at approximately $98,000. Allspring Global Investments Holdings LLC lifted its holdings in Rush Street Interactive by 13,627.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 11,943 shares of the company’s stock worth $78,000 after buying an additional 11,856 shares in the last quarter. SG Americas Securities LLC boosted its position in Rush Street Interactive by 33.2% in the 4th quarter. SG Americas Securities LLC now owns 15,108 shares of the company’s stock valued at $68,000 after buying an additional 3,764 shares during the period. Aigen Investment Management LP acquired a new position in shares of Rush Street Interactive in the fourth quarter worth $90,000. Finally, North Star Investment Management Corp. increased its position in shares of Rush Street Interactive by 303.9% during the first quarter. North Star Investment Management Corp. now owns 20,600 shares of the company’s stock worth $134,000 after acquiring an additional 15,500 shares during the period. Institutional investors and hedge funds own 24.78% of the company’s stock.
About Rush Street Interactive
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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