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 the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $25.44, for a total transaction of $585,120.00. Following the completion of the sale, the chief financial officer owned 631,258 shares of the company’s stock, valued at $16,059,203.52. This trade represents a 3.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, May 4th, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $28.39, for a total transaction of $652,970.00.
• On Monday, April 6th, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $22.62, for a total transaction of $520,260.00.

Rush Street Interactive Stock Performance

NYSE:RSI traded up $0.01 during mid-day trading on Friday, reaching $26.24. The stock had a trading volume of 1,337,471 shares, compared to its average volume of 1,993,958. Rush Street Interactive, Inc. has a twelve month low of $12.91 and a twelve month high of $29.24. The business has a 50 day simple moving average of $24.76 and a 200 day simple moving average of $20.92. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of 84.63 and a beta of 1.58.

Rush Street Interactive (NYSE:RSI) last issued its earnings results on Tuesday, April 28th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $370.36 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the business posted $0.09 EPS. As a group, sell-side analysts expect that Rush Street Interactive, Inc. will post 0.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on RSI. Jefferies Financial Group increased their price objective on Rush Street Interactive from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Freedom Capital raised shares of Rush Street Interactive to a “strong-buy” rating in a research note on Wednesday, March 11th. Oppenheimer increased their price target on shares of Rush Street Interactive from $25.00 to $30.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Benchmark raised their price objective on shares of Rush Street Interactive from $24.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Rush Street Interactive from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $29.25.

Institutional Trading of Rush Street Interactive

Several large investors have recently bought and sold shares of RSI. New York State Teachers Retirement System increased its position in shares of Rush Street Interactive by 5.2% in the first quarter. New York State Teachers Retirement System now owns 8,441 shares of the company’s stock valued at $184,000 after buying an additional 419 shares in the last quarter. Man Group plc boosted its position in shares of Rush Street Interactive by 0.7% in the 2nd quarter. Man Group plc now owns 89,535 shares of the company’s stock worth $1,334,000 after buying an additional 654 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Rush Street Interactive by 4.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 19,422 shares of the company’s stock valued at $398,000 after acquiring an additional 752 shares during the last quarter. Cerity Partners LLC increased its holdings in Rush Street Interactive by 4.6% during the 4th quarter. Cerity Partners LLC now owns 23,675 shares of the company’s stock valued at $460,000 after acquiring an additional 1,042 shares in the last quarter. Finally, ProShare Advisors LLC raised its position in Rush Street Interactive by 10.3% during the fourth quarter. ProShare Advisors LLC now owns 16,740 shares of the company’s stock worth $325,000 after acquiring an additional 1,561 shares during the last quarter. Institutional investors and hedge funds own 24.78% of the company’s stock.

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.