Jackson Creek Investment Advisors LLC Raises Position in Rush Street Interactive, Inc. $RSI

Jackson Creek Investment Advisors LLC increased its holdings in Rush Street Interactive, Inc. (NYSE:RSI) by 31.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 88,798 shares of the company’s stock after buying an additional 21,298 shares during the period. Jackson Creek Investment Advisors LLC’s holdings in Rush Street Interactive were worth $1,725,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in RSI. Concord Wealth Partners purchased a new stake in shares of Rush Street Interactive in the third quarter worth $41,000. Osaic Holdings Inc. raised its position in shares of Rush Street Interactive by 62.2% in the second quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock worth $73,000 after buying an additional 1,868 shares in the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Rush Street Interactive in the second quarter worth $90,000. US Bancorp DE purchased a new stake in shares of Rush Street Interactive in the third quarter worth $115,000. Finally, Occudo Quantitative Strategies LP purchased a new stake in shares of Rush Street Interactive in the second quarter worth $156,000. Hedge funds and other institutional investors own 24.78% of the company’s stock.

Rush Street Interactive Trading Down 3.2%

Shares of NYSE:RSI opened at $26.20 on Wednesday. The stock’s 50-day moving average price is $24.07 and its 200-day moving average price is $20.49. Rush Street Interactive, Inc. has a 12-month low of $11.76 and a 12-month high of $29.24. The stock has a market capitalization of $6.10 billion, a P/E ratio of 84.52 and a beta of 1.65.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The firm had revenue of $370.36 million for the quarter, compared to analysts’ expectations of $330.83 million. Rush Street Interactive had a return on equity of 17.21% and a net margin of 2.98%.The company’s revenue for the quarter was up 41.1% compared to the same quarter last year. During the same period last year, the firm earned $0.09 earnings per share. As a group, research analysts predict that Rush Street Interactive, Inc. will post 0.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on RSI shares. JPMorgan Chase & Co. increased their price objective on Rush Street Interactive from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, April 16th. Citigroup reissued an “outperform” rating on shares of Rush Street Interactive in a research note on Wednesday, May 20th. Citizens Jmp increased their target price on Rush Street Interactive from $27.00 to $30.00 and gave the company a “market outperform” rating in a research note on Wednesday, May 20th. Needham & Company LLC increased their target price on Rush Street Interactive from $25.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group increased their target price on Rush Street Interactive from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $29.25.

Insider Activity

In other news, COO Mattias Stetz sold 11,175 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $24.96, for a total transaction of $278,928.00. Following the completion of the sale, the chief operating officer directly owned 237,874 shares in the company, valued at approximately $5,937,335.04. This represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Neil Bluhm sold 1,371,150 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $24.96, for a total transaction of $34,223,904.00. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 3,365,020 shares of company stock valued at $82,047,010. Company insiders own 52.89% of the company’s stock.

Rush Street Interactive 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.