Rush Street Interactive (NYSE:RSI) CFO Kyle Sauers Sells 23,000 Shares of Stock

Rush Street Interactive, Inc. (NYSE:RSI) CFO Kyle Sauers sold 23,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $25.44, for a total value of $585,120.00. Following the sale, the chief financial officer owned 631,258 shares of the company’s stock, valued at approximately $16,059,203.52. This trade represents a 3.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kyle Sauers also recently made the following trade(s):

• On Monday, May 4th, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $28.39, for a total value of $652,970.00.
• On Monday, April 6th, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $22.62, for a total value of $520,260.00.

Rush Street Interactive Stock Up 0.0%

NYSE:RSI opened at $26.24 on Friday. The business’s 50 day moving average is $24.85 and its two-hundred day moving average is $20.96. Rush Street Interactive, Inc. has a 52 week low of $12.91 and a 52 week high of $29.24. The company has a market cap of $6.11 billion, a PE ratio of 84.63 and a beta of 1.58.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. The business had revenue of $370.36 million for the quarter, compared to the consensus estimate of $330.83 million. Rush Street Interactive had a return on equity of 17.21% and a net margin of 2.98%.The business’s revenue was up 41.1% on a year-over-year basis. During the same quarter last year, the business posted $0.09 EPS. As a group, sell-side analysts expect that Rush Street Interactive, Inc. will post 0.47 EPS for the current fiscal year.

Institutional Trading of Rush Street Interactive

Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Rush Street Interactive by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 8,822,279 shares of the company’s stock valued at $180,680,000 after acquiring an additional 107,671 shares during the period. UBS Group AG increased its position in Rush Street Interactive by 4.0% in the 4th quarter. UBS Group AG now owns 1,037,277 shares of the company’s stock valued at $20,154,000 after acquiring an additional 40,232 shares during the period. Precision Wealth Strategies LLC acquired a new position in shares of Rush Street Interactive during the 4th quarter valued at $1,680,000. JPMorgan Chase & Co. increased its position in shares of Rush Street Interactive by 57.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 213,943 shares of the company’s stock valued at $4,382,000 after purchasing an additional 77,698 shares during the period. Finally, William Blair Investment Management LLC increased its position in shares of Rush Street Interactive by 17.3% during the 4th quarter. William Blair Investment Management LLC now owns 2,557,778 shares of the company’s stock valued at $49,698,000 after purchasing an additional 378,002 shares during the period. 24.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

RSI has been the topic of several recent research reports. Jefferies Financial Group raised their price target on Rush Street Interactive from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Susquehanna raised their price target on Rush Street Interactive from $25.00 to $29.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. raised their target price on Rush Street Interactive from $20.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday, April 16th. Oppenheimer raised their target price on Rush Street Interactive from $25.00 to $30.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Finally, Citigroup restated an “outperform” rating on shares of Rush Street Interactive in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Rush Street Interactive currently has an average rating of “Moderate Buy” and a consensus price target of $29.25.

About Rush Street Interactive

Rush Street Interactive (NYSE: RSI) is a digital gaming and sports betting company that develops and operates online wagering platforms in regulated markets. As a subsidiary of Rush Street Gaming, the company specializes in delivering interactive casino games, live dealer experiences, and sports betting services through desktop and mobile applications. Its technology infrastructure is designed to support real-time wagering, secure transactions, and responsible gaming tools across multiple jurisdictions.

The company’s flagship brand, BetRivers, offers a range of casino titles—including slots, table games, and virtual sports—alongside a comprehensive sportsbook featuring pre-game and in-play betting markets.