Rush Street Interactive (NYSE:RSI) COO Sells $1,718,100.00 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 90,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $19.09, for a total value of $1,718,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Friday, January 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.09, for a total value of $381,800.00.
• On Monday, December 1st, Mattias Stetz sold 30,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $18.51, for a total value of $555,300.00.
• On Monday, November 3rd, Mattias Stetz sold 30,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $17.09, for a total value of $512,700.00.

Rush Street Interactive Trading Down 1.4%

NYSE:RSI traded down $0.29 on Tuesday, reaching $19.49. 1,177,455 shares of the stock traded hands, compared to its average volume of 1,221,185. Rush Street Interactive, Inc. has a 1-year low of $9.54 and a 1-year high of $22.65. The company’s 50 day moving average is $18.34 and its 200-day moving average is $18.47. The firm has a market capitalization of $4.47 billion, a price-to-earnings ratio of 77.94 and a beta of 1.57.

Rush Street Interactive (NYSE:RSI) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. Rush Street Interactive had a net margin of 2.83% and a return on equity of 17.11%. The company had revenue of $277.91 million for the quarter, compared to analyst estimates of $264.60 million. During the same period in the prior year, the firm posted $0.05 EPS. The company’s quarterly revenue was up 19.7% on a year-over-year basis. On average, equities research analysts forecast that Rush Street Interactive, Inc. will post 0.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Concord Wealth Partners acquired a new stake in Rush Street Interactive in the third quarter valued at approximately $41,000. Farther Finance Advisors LLC bought a new position in shares of Rush Street Interactive in the 2nd quarter worth $42,000. Osaic Holdings Inc. grew its position in Rush Street Interactive by 62.2% in the 2nd quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock valued at $73,000 after purchasing an additional 1,868 shares during the period. Lazard Asset Management LLC acquired a new stake in Rush Street Interactive in the 2nd quarter valued at $90,000. Finally, Pacer Advisors Inc. increased its stake in Rush Street Interactive by 57.2% during the 3rd quarter. Pacer Advisors Inc. now owns 5,027 shares of the company’s stock valued at $103,000 after purchasing an additional 1,830 shares in the last quarter. Institutional investors own 24.78% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on RSI shares. JPMorgan Chase & Co. boosted their price objective on Rush Street Interactive from $16.00 to $18.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Weiss Ratings reissued a “hold (c-)” rating on shares of Rush Street Interactive in a research note on Monday, December 29th. Oppenheimer restated an “outperform” rating and set a $24.00 price target on shares of Rush Street Interactive in a report on Thursday, October 30th. Craig Hallum reiterated a “buy” rating on shares of Rush Street Interactive in a research note on Tuesday, December 9th. Finally, Zacks Research downgraded shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Rush Street Interactive currently has a consensus rating of “Moderate Buy” and an average price target of $21.25.

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.