Wells Fargo & Company MN Buys 21,418 Shares of Rush Street Interactive, Inc. (NYSE:RSI)
2025-04-29T07:36:54Z
Wells Fargo & Company MN increased its stake in shares of Rush Street Interactive, Inc. (NYSE:RSI – Free Report) by 32.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fun…
Wells Fargo & Company MN increased its stake in shares of Rush Street Interactive, Inc. (NYSE:RSI – Free Report) by 32.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,551 shares of the company’s stock after acquiring an additional 21,418 shares during the quarter. Wells Fargo & Company MN’s holdings in Rush Street Interactive were worth $1,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also bought and sold shares of the company. R Squared Ltd bought a new position in Rush Street Interactive during the 4th quarter worth approximately $28,000. Heck Capital Advisors LLC bought a new position in Rush Street Interactive during the 4th quarter worth approximately $34,000. WealthTrak Capital Management LLC bought a new position in Rush Street Interactive during the 4th quarter worth approximately $71,000. LPL Financial LLC bought a new position in Rush Street Interactive during the 4th quarter worth approximately $173,000. Finally, Wealthspire Advisors LLC bought a new position in Rush Street Interactive during the 4th quarter worth approximately $206,000. 24.78% of the stock is currently owned by institutional investors.
Get Rush Street Interactive alerts:
Rush Street Interactive Price Performance
RSI stock opened at $12.22 on Tuesday. Rush Street Interactive, Inc. has a 1-year low of $6.06 and a 1-year high of $16.78. The business has a fifty day moving average price of $11.39 and a 200-day moving average price of $12.65. The stock has a market capitalization of $2.79 billion, a P/E ratio of -611.00 and a beta of 1.90.
Insider Transactions at Rush Street Interactive
Analyst Ratings Changes
In other news, COO Mattias Stetz sold 3,777 shares of the stock in a transaction that occurred on Wednesday, April 23rd. The shares were sold at an average price of $12.08, for a total value of $45,626.16. Following the transaction, the chief operating officer now owns 421,051 shares in the company, valued at $5,086,296.08. This represents a 0.89 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Also, insider Einar Roosileht sold 9,300 shares of the firm’s stock in a transaction that occurred on Wednesday, April 9th. The stock was sold at an average price of $12.00, for a total transaction of $111,600.00. Following the sale, the insider now owns 946,850 shares in the company, valued at approximately $11,362,200. The trade was a 0.97 % decrease in their position. The disclosure for this sale can be found here . Insiders sold 750,758 shares of company stock worth $8,865,603 over the last quarter. 56.89% of the stock is currently owned by insiders.
RSI has been the topic of several recent research reports. Macquarie restated an “outperform” rating and set a $16.00 price target on shares of Rush Street Interactive in a research report on Thursday, February 27th. Susquehanna upgraded Rush Street Interactive from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 28th. Benchmark lifted their price objective on Rush Street Interactive from $12.00 to $14.00 and gave the stock a “buy” rating in a research report on Friday, February 28th. Jefferies Financial Group lifted their price objective on Rush Street Interactive from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Finally, JMP Securities reiterated a “market perform” rating on shares of Rush Street Interactive in a research report on Monday, January 6th. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Rush Street Interactive currently has a consensus rating of “Buy” and an average target price of $15.50.
Get Our Latest Stock Analysis on RSI
Rush Street Interactive Profile
(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.
Featured Articles
Want to see what other hedge funds are holding RSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rush Street Interactive, Inc. (NYSE:RSI – Free Report).
Receive News & Ratings for Rush Street Interactive Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Rush Street Interactive and related companies with MarketBeat.com’s FREE daily email newsletter.
Auto-posted from news source
About The Author
