Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Rush Street Interactive Inc shares valued at $60,000 were sold by STETZ MATTIAS on Nov 20 ’24. At $12.00 per share, STETZ MATTIAS sold 5,000 shares. The insider’s holdings dropped to 575,484 shares worth approximately $7.76 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, STETZ MATTIAS purchased 5,000 shares, netting a total of over 60,000 in proceeds.
Before that, SCHWARTZ RICHARD TODD had sold 103,905 shares from its account. In a trade valued at $1,145,085, the Chief Executive Officer traded Rush Street Interactive Inc shares for $11.02 each. Upon closing the transaction, the insider’s holdings decreased to 103,905 shares, worth approximately $22.96 million.
As published in a research note from Needham on May 17, 2024, Rush Street Interactive Inc [RSI] has been retained to a Buy and the price target has been revised to $10. Analysts at Craig Hallum upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid April. As of March 08, 2024, JMP Securities has decreased its “Mkt outperform” rating to a “Mkt perform” for RSI. Earlier on March 04, 2024, Susquehanna downgraded its rating. Their new recommendation was “a Neutral” for RSI stock which previously was a “a Positive”.
Analyzing RSI Stock Performance
During the last five days, there has been a surge of approximately 18.14%. Over the course of the year, Rush Street Interactive Inc shares have jumped approximately 200.22%. Shares of the company reached a 52-week high of $13.71 on 11/21/24 and a 52-week low of $3.56 on 01/16/24. A 50-day SMA is recorded $10.89, while a 200-day SMA reached $8.74. Nevertheless, trading volume fell to 3.34 million shares from 1.86 million shares the previous day.
Support And Resistance Levels for Rush Street Interactive Inc (RSI)
According to the 24-hour chart, there is a support level at 12.46, which, if violated, would cause prices to drop to 11.45. In the upper region, resistance lies at 14.10. The next price resistance is at 14.73. RSI (Relative Strength Index) is 73.42 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.07, which suggests the price will increase in the coming days. Percent R is at 6.07%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
