Rush Street Interactive (NYSE:RSI) CEO Richard Todd Schwartz Sells 111,112 Shares

Rush Street Interactive, Inc. (NYSE:RSI) CEO Richard Todd Schwartz sold 111,112 shares of the company’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $19.22, for a total value of $2,135,572.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Richard Todd Schwartz also recently made the following trade(s):

• On Friday, January 9th, Richard Todd Schwartz sold 47,223 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.22, for a total value of $907,626.06.
• On Tuesday, December 9th, Richard Todd Schwartz sold 59,757 shares of Rush Street Interactive stock. The stock was sold at an average price of $18.82, for a total value of $1,124,626.74.
• On Monday, December 8th, Richard Todd Schwartz sold 134,148 shares of Rush Street Interactive stock. The shares were sold at an average price of $18.37, for a total value of $2,464,298.76.
• On Tuesday, November 11th, Richard Todd Schwartz sold 72,446 shares of Rush Street Interactive stock. The stock was sold at an average price of $17.41, for a total value of $1,261,284.86.
• On Monday, November 10th, Richard Todd Schwartz sold 121,459 shares of Rush Street Interactive stock. The shares were sold at an average price of $17.52, for a total transaction of $2,127,961.68.

Rush Street Interactive Trading Up 0.3%

Shares of RSI traded up $0.07 during midday trading on Friday, hitting $19.24. The stock had a trading volume of 954,413 shares, compared to its average volume of 1,310,179. The business has a 50-day simple moving average of $18.40 and a two-hundred day simple moving average of $18.51. The firm has a market cap of $4.41 billion, a P/E ratio of 76.94 and a beta of 1.57. Rush Street Interactive, Inc. has a fifty-two week low of $9.54 and a fifty-two week high of $22.65.

Rush Street Interactive (NYSE:RSI) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.09 EPS for the quarter, topping 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 firm had revenue of $277.91 million during the quarter, compared to analyst estimates of $264.60 million. During the same quarter last year, the business posted $0.05 EPS. The company’s revenue was up 19.7% on a year-over-year basis. On average, analysts expect that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

RSI has been the subject of several research analyst reports. Susquehanna increased their price objective on Rush Street Interactive from $22.00 to $23.00 and gave the stock a “positive” rating in a research note on Tuesday, December 16th. Craig Hallum restated a “buy” rating on shares of Rush Street Interactive in a report on Tuesday, December 9th. Wall Street Zen raised shares of Rush Street Interactive from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 7th. 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. Finally, Needham & Company LLC lifted their target price on shares of Rush Street Interactive from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $21.25.

Institutional Investors Weigh In On Rush Street Interactive

Large investors have recently bought and sold shares of the business. Ameriprise Financial Inc. increased its stake in shares of Rush Street Interactive by 763.6% in the third quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company’s stock worth $57,815,000 after purchasing an additional 2,496,109 shares during the period. Marshall Wace LLP lifted its holdings in shares of Rush Street Interactive by 100.9% during the second quarter. Marshall Wace LLP now owns 2,372,671 shares of the company’s stock worth $35,353,000 after buying an additional 1,191,546 shares during the last quarter. Two Sigma Investments LP boosted its position in shares of Rush Street Interactive by 247.3% in the third quarter. Two Sigma Investments LP now owns 1,329,550 shares of the company’s stock valued at $27,229,000 after acquiring an additional 946,673 shares during the period. 1060 Capital LLC acquired a new stake in shares of Rush Street Interactive in the second quarter worth $11,222,000. Finally, Arrowstreet Capital Limited Partnership increased its position in Rush Street Interactive by 47.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,127,031 shares of the company’s stock worth $43,562,000 after acquiring an additional 683,486 shares during the period. 24.78% of the stock is currently owned by institutional investors.

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.