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Rush Street Interactive (NASDAQ:RSI), a $4.4 billion market cap gaming company that has seen its stock surge 27% in the past week, reported that Chief Operating Officer Mattias Stetz sold 30,000 shares of Class A Common Stock on August 1, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales, which amounted to $579,117, occurred at a weighted average price of $19.30, with individual transactions ranging from $18.29 to $19.59 per share. The stock is currently trading near its 52-week high of $20.32, with InvestingPro data indicating overbought conditions.
Following the transaction, Stetz directly owns 291,051 shares of Rush Street Interactive, Inc. Additionally, he indirectly owns 205,448 shares through his spouse. The sale was executed under a pre-arranged 10b5-1 trading plan established on August 16, 2024. For deeper insights into RSI’s valuation and 17 additional key investment tips, consider accessing the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Rush Street Interactive reported its Q2 2025 earnings, significantly outperforming market expectations. The company achieved earnings per share of $0.11, surpassing the forecast of $0.06 by 83.33%. Additionally, revenue reached $269 million, exceeding the anticipated $249.65 million, marking a 7.83% surprise. Following these results, Needham raised its price target for Rush Street Interactive from $17 to $21, maintaining a Buy rating on the stock. This adjustment came after the company not only exceeded analyst estimates but also decided to raise its full-year 2025 guidance. These developments reflect a positive outlook from analysts and strong financial performance by Rush Street Interactive.
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