Rush Street Interactive (NYSE:RSI) COO Sells $512,600.00 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $25.63, for a total value of $512,600.00. Following the transaction, the chief operating officer owned 217,874 shares in the company, valued at $5,584,110.62. The trade was a 8.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mattias Stetz also recently made the following trade(s):

• On Wednesday, May 6th, Mattias Stetz sold 11,175 shares of Rush Street Interactive stock. The stock was sold at an average price of $24.96, for a total value of $278,928.00.
• On Tuesday, May 5th, Mattias Stetz sold 74,500 shares of Rush Street Interactive stock. The stock was sold at an average price of $24.96, for a total value of $1,859,520.00.
• On Friday, May 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $28.09, for a total value of $561,800.00.
• On Wednesday, April 29th, Mattias Stetz sold 50,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $27.44, for a total value of $1,372,000.00.
• On Monday, April 27th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $24.06, for a total value of $481,200.00.
• On Wednesday, April 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $22.07, for a total value of $441,400.00.
• On Tuesday, March 24th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $22.02, for a total value of $440,400.00.

Rush Street Interactive Stock Performance

Rush Street Interactive stock opened at $26.24 on Friday. The stock 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, Inc. has a 52-week low of $12.91 and a 52-week high of $29.24. The stock’s 50 day moving average price is $24.85 and its two-hundred day moving average price is $20.96.

Rush Street Interactive (NYSE:RSI) last issued 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 return on equity of 17.21% and a net margin of 2.98%.The company had revenue of $370.36 million for the quarter, compared to analyst estimates of $330.83 million. During the same period in the prior year, the firm earned $0.09 earnings per share. Rush Street Interactive’s revenue for the quarter was up 41.1% on a year-over-year basis. On average, equities research analysts forecast that Rush Street Interactive, Inc. will post 0.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on RSI. Oppenheimer increased their price target on Rush Street Interactive from $25.00 to $30.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Citizens Jmp upped their price objective 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. Freedom Capital upgraded Rush Street Interactive to a “strong-buy” rating in a research note on Wednesday, March 11th. Susquehanna upped their price objective on Rush Street Interactive from $25.00 to $29.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. upped their price objective on Rush Street Interactive from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.25.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of RSI. Prospect Capital Advisors LLC grew its stake in shares of Rush Street Interactive by 9.1% during the 1st quarter. Prospect Capital Advisors LLC now owns 482,500 shares of the company’s stock worth $10,494,000 after acquiring an additional 40,050 shares during the period. Bank of America Corp DE grew its stake in shares of Rush Street Interactive by 81.8% during the 1st quarter. Bank of America Corp DE now owns 852,653 shares of the company’s stock worth $18,545,000 after acquiring an additional 383,745 shares during the period. Cim LLC bought a new position in shares of Rush Street Interactive during the 1st quarter worth $496,000. California State Teachers Retirement System grew its stake in shares of Rush Street Interactive by 40.0% during the 1st quarter. California State Teachers Retirement System now owns 129,277 shares of the company’s stock worth $2,812,000 after acquiring an additional 36,943 shares during the period. Finally, Quantinno Capital Management LP bought a new position in shares of Rush Street Interactive during the 1st quarter worth $1,769,000. Institutional investors own 24.78% of the company’s stock.

Rush Street Interactive Company 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.