Deutsche Bank AG Makes New Investment in Rush Street Interactive, Inc. $RSI

Deutsche Bank AG acquired a new stake in shares of Rush Street Interactive, Inc. (NYSE:RSI) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 105,406 shares of the company’s stock, valued at approximately $3,135,000.

Several other large investors have also modified their holdings of RSI. Global Retirement Partners LLC acquired a new stake in shares of Rush Street Interactive during the second quarter worth $35,000. Kemnay Advisory Services Inc. purchased a new position in Rush Street Interactive in the 4th quarter worth about $47,000. CoreCap Advisors LLC acquired a new stake in Rush Street Interactive during the 2nd quarter worth about $54,000. Empowered Funds LLC acquired a new stake in Rush Street Interactive during the 4th quarter worth about $55,000. Finally, Osaic Holdings Inc. lifted its stake in Rush Street Interactive by 62.2% during the second quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock valued at $73,000 after buying an additional 1,868 shares in the last quarter. 24.78% of the stock is owned by institutional investors.

Insider Transactions at Rush Street Interactive

In related news, 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 transaction of $585,120.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Richard Todd Schwartz sold 111,112 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $25.58, for a total transaction of $2,842,244.96. Following the completion of the sale, the chief executive officer directly owned 421,258 shares of the company’s stock, valued at $10,775,779.64. This represents a 20.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 614,002 shares of company stock valued at $17,350,367. 52.89% of the stock is owned by insiders.

Rush Street Interactive Stock Performance

Shares of RSI opened at $26.38 on Thursday. The company’s 50 day moving average price is $29.32 and its 200 day moving average price is $25.34. Rush Street Interactive, Inc. has a 52 week low of $15.51 and a 52 week high of $34.53. The company has a market capitalization of $6.11 billion, a PE ratio of 90.97 and a beta of 1.59.

Rush Street Interactive (NYSE:RSI) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.15 earnings per share for the quarter, meeting the consensus estimate of $0.15. The firm had revenue of $393.78 million for the quarter, compared to analyst estimates of $367.75 million. Rush Street Interactive had a net margin of 2.33% and a return on equity of 18.88%. The company’s revenue for the quarter was up 46.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.11 EPS. On average, equities analysts forecast that Rush Street Interactive, Inc. will post 0.49 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on RSI shares. Wells Fargo & Company lifted their target price on shares of Rush Street Interactive from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Weiss Ratings lowered shares of Rush Street Interactive from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 18th. Needham & Company LLC lifted their price objective on shares of Rush Street Interactive from $33.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. New Street Research set a $35.00 target price on shares of Rush Street Interactive in a research note on Thursday, July 23rd. Finally, Susquehanna increased their target price on Rush Street Interactive from $30.00 to $36.00 and gave the company a “positive” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $35.22.

Rush Street Interactive Profile

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.