Rush Street Interactive (NYSE:RSI) COO Sells $353,400.00 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of Rush Street Interactive stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $17.67, for a total value of $353,400.00. Following the completion of the transaction, the chief operating officer owned 289,624 shares of the company’s stock, valued at $5,117,656.08. This trade represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Friday, January 2nd, Mattias Stetz sold 90,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.09, for a total value of $1,718,100.00.
• On Friday, January 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was 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 shares were sold at an average price of $18.51, for a total transaction of $555,300.00.

Rush Street Interactive Stock Up 2.1%

RSI stock traded up $0.36 during midday trading on Wednesday, reaching $17.48. The company had a trading volume of 3,026,389 shares, compared to its average volume of 2,049,560. The stock has a 50 day moving average price of $18.77 and a 200 day moving average price of $19.00. The firm has a market capitalization of $4.01 billion, a PE ratio of 69.92 and a beta of 1.54. Rush Street Interactive, Inc. has a fifty-two week low of $9.54 and a fifty-two week high of $22.65.

Hedge Funds Weigh In On Rush Street Interactive

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Concord Wealth Partners acquired a new position in Rush Street Interactive during the third quarter valued at $41,000. Farther Finance Advisors LLC acquired a new stake in shares of Rush Street Interactive during the second quarter worth approximately $42,000. Osaic Holdings Inc. increased its stake 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 buying an additional 1,868 shares during the period. Lazard Asset Management LLC purchased a new stake in Rush Street Interactive in the 2nd quarter worth approximately $90,000. Finally, Pacer Advisors Inc. grew its holdings in shares of 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 acquiring an additional 1,830 shares in the last quarter. 24.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on RSI. JPMorgan Chase & Co. raised their target price on Rush Street Interactive from $16.00 to $18.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Susquehanna set a $22.00 price objective on shares of Rush Street Interactive in a research note on Wednesday, January 21st. Jefferies Financial Group restated a “buy” rating and issued a $29.00 target price on shares of Rush Street Interactive in a research report on Sunday, January 25th. Zacks Research cut Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Finally, Craig Hallum restated a “buy” rating on shares of Rush Street Interactive in a report on Tuesday, December 9th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.38.

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.