Street Calls of the Week
Richard Todd Schwartz, Chief Executive Officer of Rush Street Interactive, Inc. (NYSE:RSI), a $4.2 billion market cap company that has delivered an impressive 68% return over the past year, sold a total of $3,586,273 in Class A Common Stock on October 8 and 9, 2025. According to InvestingPro analysis, the company maintains a GREAT financial health score of 3.13.
The sales involved two transactions. On October 8, Schwartz sold 96,918 shares at a weighted average price of $18.2019, for a total of $1,764,101. The prices for these shares ranged from $17.92 to $18.32. Following this, on October 9, Schwartz sold 96,987 shares at a weighted average price of $18.7879, for a total of $1,822,172. The prices for these shares ranged from $18.25 to $19.063.
These sales were executed under a pre-arranged 10b5-1 trading plan established on August 16, 2024. Following the transactions, Schwartz directly owns 574,147 shares of Rush Street Interactive, Inc.
In other recent news, Rush Street Interactive has seen a series of noteworthy developments. Benchmark raised its price target for the company to $24.00 from $20.00, maintaining a Buy rating due to a strong start to the third quarter, with significant growth in user engagement and monetization. This comes alongside the appointment of Shubham Tyagi as Chief Technology Officer, who brings over two decades of experience in technology leadership. Meanwhile, Rogers Sugar announced a quarterly dividend of $0.09 per share, payable on October 15, 2025, to shareholders recorded as of September 26, 2025. This dividend is classified as eligible for Canadian income tax purposes. In another update, Benchmark reiterated a Buy rating on Rush Street Interactive, emphasizing a positive outlook despite recent share price fluctuations. Additionally, JMP Securities reaffirmed a Market Outperform rating on PENN Entertainment, maintaining a $25.00 price target. These developments highlight the ongoing strategic and financial activities within these companies.
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