Rush Street Interactive (NYSE:RSI) CEO Sells $1,994,223.28 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) CEO Richard Todd Schwartz sold 90,482 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $22.04, for a total value of $1,994,223.28. Following the completion of the transaction, the chief executive officer owned 435,801 shares of the company’s stock, valued at $9,605,054.04. The trade was a 17.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, March 2nd, Richard Todd Schwartz sold 247,113 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.83, for a total value of $4,900,250.79.
• On Tuesday, February 17th, Richard Todd Schwartz sold 247,114 shares of Rush Street Interactive stock. The shares were sold at an average price of $16.82, for a total transaction of $4,156,457.48.
• On Wednesday, February 4th, Richard Todd Schwartz sold 247,114 shares of Rush Street Interactive stock. The stock was sold at an average price of $17.61, for a total transaction of $4,351,677.54.
• On Friday, January 9th, Richard Todd Schwartz sold 111,112 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.22, for a total transaction of $2,135,572.64.
• On Friday, January 9th, Richard Todd Schwartz sold 47,223 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.22, for a total transaction of $907,626.06.

Rush Street Interactive Stock Up 0.3%

Shares of NYSE RSI opened at $22.76 on Friday. The stock has a market capitalization of $5.29 billion, a PE ratio of 81.28 and a beta of 1.45. The firm has a fifty day moving average of $19.37 and a 200-day moving average of $19.07. Rush Street Interactive, Inc. has a 52-week low of $9.66 and a 52-week high of $22.80.

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on RSI. Zacks Research lowered shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Citizens Jmp raised shares of 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. Benchmark reissued a “buy” rating on shares of Rush Street Interactive in a research note on Wednesday, February 18th. Craig Hallum restated a “buy” rating on shares of Rush Street Interactive in a report on Tuesday, December 9th. Finally, Freedom Capital upgraded Rush Street Interactive to a “strong-buy” rating in a report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $23.22.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Rush Street Interactive by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,163 shares of the company’s stock valued at $484,000 after buying an additional 1,893 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Rush Street Interactive by 18.8% in the first quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company’s stock valued at $7,394,000 after acquiring an additional 109,366 shares during the period. Swiss National Bank raised its stake in shares of Rush Street Interactive by 5.5% during the second quarter. Swiss National Bank now owns 172,100 shares of the company’s stock valued at $2,564,000 after acquiring an additional 9,000 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of Rush Street Interactive by 12.8% during the second quarter. Legal & General Group Plc now owns 107,250 shares of the company’s stock worth $1,598,000 after purchasing an additional 12,143 shares during the period. Finally, Rhumbline Advisers boosted its holdings in shares of Rush Street Interactive by 19.1% during the second quarter. Rhumbline Advisers now owns 128,886 shares of the company’s stock worth $1,920,000 after purchasing an additional 20,693 shares during the period. 24.78% of the stock is owned by hedge funds and other 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.