Rush Street Interactive (NYSE:RSI) COO Mattias Stetz Sells 20,000 Shares

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of the firm’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $22.07, for a total value of $441,400.00. Following the completion of the sale, the chief operating officer directly owned 237,874 shares in the company, valued at approximately $5,249,879.18. This represents a 7.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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.
• On Wednesday, March 4th, Mattias Stetz sold 11,892 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.22, for a total value of $240,456.24.
• On Wednesday, March 4th, Mattias Stetz sold 3,398 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.22, for a total value of $68,707.56.
• On Tuesday, March 3rd, Mattias Stetz sold 29,725 shares of Rush Street Interactive stock. The shares were sold at an average price of $20.07, for a total value of $596,580.75.
• On Tuesday, March 3rd, Mattias Stetz sold 8,493 shares of Rush Street Interactive stock. The shares were sold at an average price of $20.07, for a total value of $170,454.51.
• On Monday, March 2nd, Mattias Stetz sold 28,383 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.01, for a total value of $567,943.83.
• On Monday, March 2nd, Mattias Stetz sold 28,109 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.88, for a total transaction of $558,806.92.
• On Monday, February 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $17.67, for a total transaction of $353,400.00.
• On Friday, January 2nd, Mattias Stetz sold 90,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.09, for a total transaction of $1,718,100.00.
• On Friday, January 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.09, for a total transaction of $381,800.00.

Rush Street Interactive Price Performance

RSI stock traded up $0.82 during trading on Thursday, reaching $22.76. 1,848,563 shares of the company were exchanged, compared to its average volume of 2,083,993. The company has a market capitalization of $5.29 billion, a price-to-earnings ratio of 81.28 and a beta of 1.45. The company has a 50-day moving average of $19.16 and a two-hundred day moving average of $19.05. Rush Street Interactive, Inc. has a twelve month low of $9.66 and a twelve month 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 analysts’ consensus estimates of $0.10 by ($0.02). The company had revenue of $324.89 million during the quarter, compared to analyst estimates of $305.08 million. Rush Street Interactive had a net margin of 2.94% and a return on equity of 17.95%. The business’s quarterly revenue was up 27.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.07 EPS. On average, analysts forecast that Rush Street Interactive, Inc. will post 0.04 EPS for the current year.

Institutional Trading of Rush Street Interactive

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV bought a new position in Rush Street Interactive during the 4th quarter worth approximately $197,000. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Rush Street Interactive by 8.3% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,517,402 shares of the company’s stock valued at $48,913,000 after purchasing an additional 193,110 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of Rush Street Interactive in the 4th quarter valued at $55,000. Voloridge Investment Management LLC increased its position in shares of Rush Street Interactive by 76.9% during the fourth quarter. Voloridge Investment Management LLC now owns 738,840 shares of the company’s stock worth $14,356,000 after buying an additional 321,288 shares during the period. Finally, Polymer Capital Management US LLC increased its position in shares of Rush Street Interactive by 45.5% during the fourth quarter. Polymer Capital Management US LLC now owns 64,822 shares of the company’s stock worth $1,259,000 after buying an additional 20,258 shares during the period. Institutional investors and hedge funds own 24.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Zacks Research downgraded Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Rush Street Interactive in a report on Monday, December 29th. Wells Fargo & Company assumed coverage on Rush Street Interactive in a research report on Thursday, March 26th. They issued an “overweight” rating and a $26.00 target price for the company. Jefferies Financial Group reissued a “buy” rating and set a $29.00 price target on shares of Rush Street Interactive in a research note on Sunday, January 25th. Finally, Citigroup upgraded Rush Street Interactive to an “outperform” rating in a report on Wednesday, February 18th. One investment 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 company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $23.22.

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.