Landscape Capital Management L.L.C. Has $8.61 Million Stake in Rush Street Interactive, Inc. $RSI

Landscape Capital Management L.L.C. trimmed its stake in Rush Street Interactive, Inc. (NYSE:RSI) by 15.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 442,958 shares of the company’s stock after selling 83,309 shares during the period. Rush Street Interactive comprises approximately 0.6% of Landscape Capital Management L.L.C.’s investment portfolio, making the stock its 26th biggest position. Landscape Capital Management L.L.C.’s holdings in Rush Street Interactive were worth $8,607,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in Rush Street Interactive by 1.2% during the third quarter. Vanguard Group Inc. now owns 8,822,279 shares of the company’s stock valued at $180,680,000 after acquiring an additional 107,671 shares during the last quarter. UBS Group AG boosted its position in Rush Street Interactive by 4.0% during the fourth quarter. UBS Group AG now owns 1,037,277 shares of the company’s stock valued at $20,154,000 after acquiring an additional 40,232 shares during the last quarter. Precision Wealth Strategies LLC bought a new stake in Rush Street Interactive during the fourth quarter valued at $1,680,000. Jefferies Financial Group Inc. bought a new stake in Rush Street Interactive during the fourth quarter valued at $2,053,000. Finally, JPMorgan Chase & Co. boosted its position in Rush Street Interactive by 57.0% during the third quarter. JPMorgan Chase & Co. now owns 213,943 shares of the company’s stock valued at $4,382,000 after acquiring an additional 77,698 shares during the last quarter. Institutional investors own 24.78% of the company’s stock.

Rush Street Interactive Price Performance

RSI opened at $29.55 on Friday. Rush Street Interactive, Inc. has a fifty-two week low of $13.20 and a fifty-two week high of $29.80. The firm has a market capitalization of $6.88 billion, a PE ratio of 95.32 and a beta of 1.58. The company’s 50-day moving average is $25.53 and its 200 day moving average is $21.35.

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

Insider Buying and Selling at Rush Street Interactive

In related news, CFO Kyle Sauers sold 23,000 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $25.44, for a total value of $585,120.00. Following the sale, the chief financial officer owned 631,258 shares in the company, valued at $16,059,203.52. This represents a 3.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Richard Todd Schwartz sold 47,222 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $25.58, for a total transaction of $1,207,938.76. Following the completion of the sale, the chief executive officer owned 374,036 shares in the company, valued at $9,567,840.88. This represents a 11.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 3,136,241 shares of company stock worth $78,637,133. 52.89% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have commented on RSI. Jefferies Financial Group upped their price target on shares of Rush Street Interactive from $30.00 to $32.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Wells Fargo & Company upped their price target on shares of Rush Street Interactive from $26.00 to $29.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Needham & Company LLC upped their price target on shares of Rush Street Interactive from $25.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Benchmark upped their price target on shares of Rush Street Interactive from $24.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Wall Street Zen cut shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Rush Street Interactive has a consensus rating of “Moderate Buy” and a consensus target price of $29.25.

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.