Paul Wierbicki Buys Shares of Rush Street Interactive
Rush Street Interactive's Chief Legal Officer purchased 10,000 shares, adding to his stake.
Key Points
- Paul Wierbicki, Chief Legal Officer at Rush Street Interactive, purchased 10,000 shares valued at $91,907 on June 25, 2026.
- Shares of Rush Street Interactive traded near $30.36 on Saturday, with a market cap of approximately $3.25 billion and a P/E ratio of 92.8.
- Vanguard Portfolio Management LLC opened a new position in Rush Street Interactive, while Divisadero Street Capital Management increased its holdings by 129.4%.
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Paul Wierbicki, the Chief Legal Officer of Rush Street Interactive, Inc. (NYSE:RSI), recently made a significant purchase of the company's stock. On June 25, 2026, Wierbicki bought 10,000 shares at an average price of $9.19 per share, totaling $91,907. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Rush Street Interactive, Inc.
Paul Wierbicki's purchase on June 25, 2026, was complemented by selling activities on the same day. Kyle Sauers, the Chief Financial Officer, sold shares in multiple transactions, including 2,460 shares at an undisclosed price and 46,728 shares at $3.28 per share. These transactions were also not planned in advance.
Other Institutional Activity in Rush Street Interactive
Several institutional investors have adjusted their positions in Rush Street Interactive. BlackRock, Inc. reduced its holdings by 567,762 shares, ending with 8,327,068 shares worth about $181.1 million. In contrast, Divisadero Street Capital Management, LP significantly increased its position by 3,625,475 shares, marking a 129.4% increase, bringing its total to 6,426,679 shares valued at approximately $139.8 million. Vanguard Portfolio Management LLC opened a new position with 4,385,854 shares, valued at about $95.4 million. Ameriprise Financial Inc added 745,596 shares, a 20.7% increase, totaling 4,349,159 shares worth $94.6 million.
Rush Street Interactive, Inc. Stock Up 19.5%
Shares of Rush Street Interactive, Inc. traded near $30.36 on Saturday. The company has a market capitalization of approximately $3.25 billion with a P/E ratio of 92.8 and a forward P/E of 37.9. The stock's 52-week range spans from $14.38 to $31.65, and it maintains a 50-day moving average of $27.05 and a 200-day moving average of $21.24. The company has a current ratio of 1.96 and a quick ratio of 1.81, with a debt-to-equity ratio of 1.74.
$RSI stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analyst firms have maintained their ratings on Rush Street Interactive. On May 20, 2026, Citizens maintained a 'buy' rating with a price target of $30. Other firms such as Jefferies and Needham have set higher targets, with Jefferies maintaining a $32 target and Needham at $33. The consensus target price is approximately $30.18 among 11 analysts.
About Rush Street Interactive
Rush Street Interactive, Inc. is a company that operates in the online casino and sports betting industry, serving markets in the United States, Canada, and Latin America. It offers real-money online casinos, sports betting, and social gaming services under brands like BetRivers, PlaySugarHouse, and RushBet. Founded in 2012, the company is headquartered in Chicago, Illinois, and employs about 912 people. Its CEO is Richard Todd Schwartz.
Bottom Line
Paul Wierbicki's recent stock purchase reflects insider confidence in Rush Street Interactive, a key player in the online gambling and sports betting sector. Institutional investors have shown varied interest, with some increasing their stakes significantly. As always, insider and institutional activities provide valuable insights but should not be the sole basis for investment decisions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.