Insider Selling: Rush Street Interactive (NYSE:RSI) COO Sells $513,600.00 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of the stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $25.68, for a total transaction of $513,600.00. Following the completion of the sale, the chief operating officer directly owned 157,874 shares in the company, valued at approximately $4,054,204.32. The trade was a 11.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mattias Stetz also recently made the following trade(s):

• On Monday, August 3rd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $28.03, for a total transaction of $560,600.00.
• On Wednesday, July 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $31.22, for a total transaction of $624,400.00.

Rush Street Interactive Price Performance

NYSE RSI opened at $26.60 on Friday. Rush Street Interactive, Inc. has a 1 year low of $15.51 and a 1 year high of $34.53. The stock has a market capitalization of $6.17 billion, a PE ratio of 91.73 and a beta of 1.51. The company’s 50 day simple moving average is $28.80 and its two-hundred day simple moving average is $25.73.

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

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Rush Street Interactive from $26.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 15th. Oppenheimer increased their price target on shares of Rush Street Interactive from $30.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Susquehanna raised their price objective on Rush Street Interactive from $30.00 to $36.00 and gave the company a “positive” rating in a report on Wednesday, July 29th. New Street Research set a $35.00 target price on shares of Rush Street Interactive in a research report on Thursday, July 23rd. Finally, Wall Street Zen downgraded Rush Street Interactive from a “buy” rating to a “hold” rating in a research report on Saturday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Rush Street Interactive has an average rating of “Moderate Buy” and a consensus price target of $35.22.

Hedge Funds Weigh In On Rush Street Interactive

Institutional investors and hedge funds have recently modified their holdings of the stock. Jefferies Financial Group Inc. bought a new stake in shares of Rush Street Interactive in the 4th quarter worth $2,053,000. GSA Capital Partners LLP purchased a new position in Rush Street Interactive during the second quarter valued at $1,996,000. Vanguard Group Inc. lifted its position in shares of Rush Street Interactive by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 9,050,062 shares of the company’s stock valued at $175,843,000 after buying an additional 227,783 shares in the last quarter. UBS Group AG boosted its position in shares of Rush Street Interactive by 4.0% in the fourth quarter. UBS Group AG now owns 1,037,277 shares of the company’s stock worth $20,154,000 after purchasing an additional 40,232 shares during the period. Finally, William Blair Investment Management LLC boosted its holdings in Rush Street Interactive by 17.3% in the 4th quarter. William Blair Investment Management LLC now owns 2,557,778 shares of the company’s stock worth $49,698,000 after buying an additional 378,002 shares during the period. 24.78% of the stock is currently owned by institutional investors.

Rush Street Interactive Company 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.