Rush Avenue Interactive, Inc. (NYSE:RSI – Get Free Report) Director Masi Niccolo De bought 446,094 shares of the inventory in a transaction on Thursday, July thirty first. The inventory was bought at a mean value of $18.35, for a complete worth of $8,185,824.90. Following the transaction, the director owned 15,203 shares of the corporate’s inventory, valued at roughly $278,975.05. This represents a 96.70% lower of their possession of the inventory. The transaction was disclosed in a doc filed with the SEC, which is obtainable at this hyperlink.
Masi Niccolo De additionally just lately made the next commerce(s):
- On Tuesday, July eighth, Masi Niccolo De bought 58,453 shares of Rush Avenue Interactive inventory. The inventory was bought at a mean value of $15.28, for a complete worth of $893,161.84.
- On Monday, July seventh, Masi Niccolo De bought 276,163 shares of Rush Avenue Interactive inventory. The inventory was bought at a mean value of $15.15, for a complete worth of $4,183,869.45.
- On Thursday, July third, Masi Niccolo De bought 111,478 shares of Rush Avenue Interactive inventory. The shares have been bought at a mean value of $15.10, for a complete worth of $1,683,317.80.
- On Friday, June twentieth, Masi Niccolo De bought 29,696 shares of Rush Avenue Interactive inventory. The shares have been bought at a mean value of $13.90, for a complete worth of $412,774.40.
- On Wednesday, June 18th, Masi Niccolo De bought 286,769 shares of Rush Avenue Interactive inventory. The shares have been bought at a mean value of $14.08, for a complete worth of $4,037,707.52.
- On Tuesday, June seventeenth, Masi Niccolo De bought 224,337 shares of Rush Avenue Interactive inventory. The shares have been bought at a mean value of $13.92, for a complete worth of $3,122,771.04.
- On Monday, June sixteenth, Masi Niccolo De bought 180,362 shares of Rush Avenue Interactive inventory. The shares have been bought at a mean value of $13.70, for a complete worth of $2,470,959.40.
- On Friday, June thirteenth, Masi Niccolo De bought 171,023 shares of Rush Avenue Interactive inventory. The shares have been bought at a mean value of $13.37, for a complete worth of $2,286,577.51.
Rush Avenue Interactive Inventory Down 4.0%
RSI opened at $19.35 on Friday. The agency has a market cap of $4.43 billion, a price-to-earnings ratio of 96.75 and a beta of 1.89. Rush Avenue Interactive, Inc. has a 52 week low of $8.52 and a 52 week excessive of $20.32. The enterprise’s 50 day transferring common is $14.40 and its two-hundred day transferring common is $13.14.
Rush Avenue Interactive (NYSE:RSI – Get Free Report) final launched its quarterly earnings outcomes on Wednesday, July thirtieth. The corporate reported $0.11 EPS for the quarter, topping the consensus estimate of $0.08 by $0.03. The corporate had income of $269.22 million for the quarter, in comparison with analyst estimates of $248.98 million. Rush Avenue Interactive had a return on fairness of 17.77% and a web margin of two.48%. The agency’s income was up 22.2% in comparison with the identical quarter final yr. Throughout the identical quarter within the earlier yr, the corporate posted $0.04 earnings per share. Equities analysts anticipate that Rush Avenue Interactive, Inc. will submit 0.04 EPS for the present fiscal yr.
Institutional Inflows and Outflows
A number of hedge funds and different institutional buyers have just lately modified their holdings of RSI. Raymond James Monetary Inc. bought a brand new place in shares of Rush Avenue Interactive within the 4th quarter valued at roughly $1,282,000. American Century Firms Inc. grew its stake in shares of Rush Avenue Interactive by 45.6% within the 4th quarter. American Century Firms Inc. now owns 147,747 shares of the corporate’s inventory valued at $2,027,000 after buying an extra 46,293 shares over the last quarter. Sei Investments Co. boosted its stake in shares of Rush Avenue Interactive by 59.2% within the fourth quarter. Sei Investments Co. now owns 333,425 shares of the corporate’s inventory valued at $4,575,000 after shopping for an extra 124,045 shares within the final quarter. LPL Monetary LLC bought a brand new stake in shares of Rush Avenue Interactive within the fourth quarter valued at roughly $173,000. Lastly, Vanguard Group Inc. boosted its stake in shares of Rush Avenue Interactive by 14.0% within the fourth quarter. Vanguard Group Inc. now owns 8,596,434 shares of the corporate’s inventory valued at $117,943,000 after shopping for an extra 1,056,583 shares within the final quarter. 24.78% of the inventory is at the moment owned by hedge funds and different institutional buyers.
Analyst Upgrades and Downgrades
Quite a few analysts just lately weighed in on RSI shares. Jefferies Monetary Group upped their goal value on shares of Rush Avenue Interactive from $17.00 to $18.00 and gave the inventory a “purchase” ranking in a analysis notice on Thursday, July third. Susquehanna restated a “constructive” ranking and set a $19.00 goal value (up from $15.00) on shares of Rush Avenue Interactive in a analysis notice on Wednesday. Needham & Firm LLC upped their goal value on shares of Rush Avenue Interactive from $17.00 to $21.00 and gave the inventory a “purchase” ranking in a analysis notice on Thursday. Benchmark upped their goal value on shares of Rush Avenue Interactive from $17.00 to $20.00 and gave the inventory a “purchase” ranking in a analysis notice on Thursday. Lastly, JPMorgan Chase & Co. assumed protection on Rush Avenue Interactive in a analysis report on Monday, June twenty third. They set a “impartial” ranking and a $14.00 goal value on the inventory. Two analysis analysts have rated the inventory with a maintain ranking, eight have issued a purchase ranking and one has assigned a powerful purchase ranking to the corporate. In response to MarketBeat, the inventory presently has a consensus ranking of “Reasonable Purchase” and a consensus goal value of $17.89.
Get Our Latest Stock Report on Rush Street Interactive
About Rush Avenue Interactive
Rush Avenue Interactive, Inc operates as an internet on line casino and sports activities betting firm in america, Canada, Mexico, and remainder of Latin America. It supplies real-money on-line on line casino, on-line and retail sports activities betting, and social gaming providers. As well as, the corporate gives full suite of video games comprising of bricks-and-mortar casinos, desk video games, and slot machines.
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