Insider Sell Alert: Paul Wierbicki Sells 7,500 Shares of Rush Street Interactive Inc (RSI)

Author's Avatar
Nov 28, 2024
Article's Main Image

On November 25, 2024, Paul Wierbicki, Chief Legal Officer of Rush Street Interactive Inc (RSI, Financial), sold 7,500 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 139,482 shares of the company. Rush Street Interactive Inc (RSI) is a leading online casino and sports betting company in the United States. The company operates under the BetRivers and PlaySugarHouse brands and offers a wide range of gaming options, including slots, table games, and sports betting. 1861953541267156992.png Over the past year, Paul Wierbicki has sold a total of 85,680 shares and has not purchased any shares. The insider transaction history for Rush Street Interactive Inc shows that there have been 0 insider buys and 20 insider sells over the same timeframe. 1861953612759068672.png On the day of the recent sale, shares of Rush Street Interactive Inc were trading at $14 each, giving the stock a market cap of $1,259.106 million. With a price of $14 and a GF Value of $3.49, Rush Street Interactive Inc has a price-to-GF-Value ratio of 4.01, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on the following three factors: - Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at. - A GuruFocus adjustment factor based on the company’s past returns and growth. - 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.