Rush Street Interactive, Inc. (NYSE:RSI – Get Free Report) insider Paul Wierbicki sold 35,000 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $11.23, for a total transaction of $393,050.00. Following the sale, the insider now directly owns 139,982 shares in the company, valued at $1,571,997.86. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Rush Street Interactive Stock Up 4.4 %
Shares of NYSE:RSI traded up $0.51 during midday trading on Tuesday, reaching $12.10. The company’s stock had a trading volume of 4,083,469 shares, compared to its average volume of 1,671,711. The firm has a market capitalization of $2.73 billion, a PE ratio of -590.50 and a beta of 1.78. Rush Street Interactive, Inc. has a twelve month low of $3.56 and a twelve month high of $12.18. The stock has a fifty day moving average of $10.49 and a 200 day moving average of $9.57.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Driehaus Capital Management LLC acquired a new stake in shares of Rush Street Interactive during the 2nd quarter worth about $10,605,000. Assenagon Asset Management S.A. increased its stake in shares of Rush Street Interactive by 157.9% in the second quarter. Assenagon Asset Management S.A. now owns 1,425,016 shares of the company’s stock worth $13,666,000 after buying an additional 872,367 shares during the last quarter. Marshall Wace LLP boosted its holdings in shares of Rush Street Interactive by 185.5% during the second quarter. Marshall Wace LLP now owns 981,822 shares of the company’s stock valued at $9,416,000 after acquiring an additional 637,883 shares during the period. Millennium Management LLC raised its stake in shares of 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 purchasing an additional 490,831 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Rush Street Interactive by 47.3% during the second quarter. Renaissance Technologies LLC now owns 1,504,200 shares of the company’s stock valued at $14,425,000 after purchasing an additional 482,872 shares in the last quarter. Institutional investors and hedge funds own 24.78% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Research Report on RSI
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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