Rush Street Interactive (NYSE:RSI) CFO Kyle Sauers Sells 23,000 Shares

Rush Street Interactive, Inc. (NYSE:RSI) CFO Kyle Sauers sold 23,000 shares of Rush Street Interactive stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $19.46, for a total value of $447,580.00. Following the transaction, the chief financial officer directly owned 640,306 shares of the company’s stock, valued at approximately $12,460,354.76. This represents a 3.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Kyle Sauers also recently made the following trade(s):

• On Thursday, January 8th, Kyle Sauers sold 160,067 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.07, for a total value of $3,052,477.69.

Rush Street Interactive Trading Up 0.1%

Shares of RSI stock traded up $0.03 during mid-day trading on Thursday, reaching $20.41. The stock had a trading volume of 94,035 shares, compared to its average volume of 2,230,527. The company has a market cap of $4.74 billion, a P/E ratio of 72.89 and a beta of 1.54. Rush Street Interactive, Inc. has a 12-month low of $9.54 and a 12-month high of $22.65. The business has a 50-day simple moving average of $18.43 and a 200 day simple moving average of $19.06.

Rush Street Interactive (NYSE:RSI) last issued its quarterly earnings data on Tuesday, February 17th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). Rush Street Interactive had a net margin of 2.94% and a return on equity of 17.95%. The business had revenue of $324.89 million during the quarter, compared to analyst estimates of $305.08 million. During the same period in the previous year, the company posted $0.07 earnings per share. Rush Street Interactive’s revenue was up 27.8% on a year-over-year basis. Research analysts anticipate that Rush Street Interactive, Inc. will post 0.04 EPS for the current year.

Hedge Funds Weigh In On Rush Street Interactive

Several large investors have recently added to or reduced their stakes in RSI. Ameriprise Financial Inc. grew its holdings in Rush Street Interactive by 763.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company’s stock valued at $57,815,000 after buying 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 2nd quarter. Marshall Wace LLP now owns 2,372,671 shares of the company’s stock worth $35,353,000 after acquiring an additional 1,191,546 shares during the period. 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 worth $27,229,000 after acquiring an additional 946,673 shares during the last quarter. 1060 Capital LLC purchased a new stake in Rush Street Interactive in the second quarter valued at approximately $11,222,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Rush Street Interactive by 47.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,127,031 shares of the company’s stock valued at $43,562,000 after purchasing an additional 683,486 shares during the period. 24.78% of the stock is currently owned by hedge funds and other institutional investors.

More Rush Street Interactive News

Here are the key news stories impacting Rush Street Interactive this week:

• Positive Sentiment: Company reported robust revenue growth (Q quarter revenue beat consensus, +27.8% year-over-year) and continues to show improving top-line momentum, which underpins analyst optimism. RSI Company Page
• Positive Sentiment: Multiple brokerages recently raised ratings/targets (Citigroup, Oppenheimer, Benchmark among them), keeping a generally constructive analyst backdrop and a consensus “Moderate Buy” with an average target near $22.88. Analyst Notes
• Neutral Sentiment: Institutional ownership is meaningful (~24.8%) and technicals show the stock trading above the 50-day MA (~$18.43) and near the 200-day MA (~$19.06) — mixed signals that can limit big swings absent new catalysts. Ownership & Technicals
• Negative Sentiment: CEO Richard Todd Schwartz sold 247,113 shares on March 2 at an average price of $19.83 (~$4.9M), cutting his stake by ~35% — a large, single executive liquidation that investors often view unfavorably. CEO Form 4
• Negative Sentiment: COO Mattias Stetz executed multiple sales across March 2–4 totaling large blocks (including a 29,725-share sale at ~$20.07 and other lots), in some filings reducing specific lots by as much as ~77.8% — another notable insider exit. COO Form 4s
• Negative Sentiment: CFO Kyle Sauers sold 23,000 shares on March 3 at ~ $19.46 (~$447.6k), a smaller reduction but part of the clustered insider selling pattern that may pressure sentiment. CFO Form 4

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on RSI. Needham & Company LLC lifted their price objective on Rush Street Interactive from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Zacks Research cut Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Citigroup raised Rush Street Interactive to an “outperform” rating in a research note on Wednesday, February 18th. Citizens Jmp upgraded Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 price objective for the company in a research report on Wednesday, February 18th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $29.00 target price on shares of Rush Street Interactive in a report on Sunday, January 25th. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $22.88.

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.