Insider Sell: Mattias Stetz Sells 25,000 Shares of Rush Street Interactive Inc (RSI)

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Dec 05, 2024
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On December 2, 2024, Mattias Stetz, Chief Operating Officer of Rush Street Interactive Inc's subsidiary, sold 25,000 shares of Rush Street Interactive Inc (RSI, Financial). Following this transaction, the insider now owns 550,484 shares of the company. The transaction details can be found in the SEC Filing. Rush Street Interactive Inc is a company that operates in the online gaming and sports betting industry. It provides online casino and sports betting services in the United States and internationally. The company is known for its innovative approach to gaming and its commitment to providing a high-quality user experience. Over the past year, Mattias Stetz has sold a total of 157,089 shares and has not purchased any shares. The insider transaction history for Rush Street Interactive Inc indicates that there have been no insider buys in the past year, while there have been 21 insider sells. 1864461776905728000.png On the day of the recent sale, shares of Rush Street Interactive Inc were trading at $14.5, giving the stock a market cap of $1.267 billion. The GF Value of the stock is estimated at $3.49, resulting in a price-to-GF-Value ratio of 4.15. This suggests that the stock is significantly overvalued based on its GF Value. 1864461839698653184.png The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also includes a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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