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

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $25.63, for a total value of $512,600.00. Following the completion of the transaction, the chief operating officer owned 217,874 shares of the company’s stock, valued at $5,584,110.62. The trade was a 8.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through 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 Wednesday, May 6th, Mattias Stetz sold 11,175 shares of Rush Street Interactive stock. The shares were sold at an average price of $24.96, for a total transaction of $278,928.00.
• On Tuesday, May 5th, Mattias Stetz sold 74,500 shares of Rush Street Interactive stock. The shares were sold at an average price of $24.96, for a total transaction of $1,859,520.00.
• On Friday, May 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $28.09, for a total transaction 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 transaction of $1,372,000.00.
• On Monday, April 27th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $24.06, for a total transaction of $481,200.00.
• On Wednesday, April 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $22.07, for a total transaction 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 transaction of $440,400.00.

Rush Street Interactive Stock Up 3.0%

Shares of RSI opened at $26.18 on Friday. The company has a 50-day moving average price of $24.76 and a two-hundred day moving average price of $20.92. The stock has a market cap of $6.09 billion, a price-to-earnings ratio of 84.45 and a beta of 1.58. Rush Street Interactive, Inc. has a 12 month low of $12.48 and a 12 month high of $29.24.

Rush Street Interactive (NYSE:RSI) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate 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 company posted $0.09 EPS. The company’s revenue was up 41.1% compared to the same quarter last year. Equities research analysts expect that Rush Street Interactive, Inc. will post 0.47 EPS for the current fiscal year.

Rush Street Interactive News Summary

Here are the key news stories impacting Rush Street Interactive this week:

• Positive Sentiment: Analysts remain constructive on Rush Street Interactive after its strong earnings beat, with firms including Needham and Jefferies raising price targets and maintaining buy ratings, reinforcing expectations for continued growth. Article Title
• Positive Sentiment: RSI recently reported quarterly EPS of $0.14, topping estimates, on revenue of $370.4 million versus expectations of $330.8 million, a sign that the business is still growing quickly and beating Wall Street forecasts. Article Title
• Positive Sentiment: Investors also got a governance update after shareholders backed changes and the company’s board slate at the annual meeting, which can reduce uncertainty around corporate direction. Article Title
• Neutral Sentiment: The company was also noted in an options-related filing about seeking DCM status, but the headline does not clearly indicate a direct earnings or operating impact yet. Article Title
• Negative Sentiment: Insider selling by CEO Richard Todd Schwartz and COO Mattias Stetz may weigh on sentiment, even though both transactions were made under pre-arranged 10b5-1 plans. Article Title
• Negative Sentiment: GuruFocus flagged RSI as potentially overvalued despite its recent rally, suggesting some investors may be cautious about how much upside is already priced in. Article Title

Analysts Set New Price Targets

Several research analysts have issued reports on RSI shares. Oppenheimer increased their price objective on Rush Street Interactive from $25.00 to $30.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Susquehanna upped their target price on shares of Rush Street Interactive from $25.00 to $29.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. increased their target price on shares of Rush Street Interactive from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, April 16th. Freedom Capital raised shares of Rush Street Interactive to a “strong-buy” rating in a report on Wednesday, March 11th. Finally, Needham & Company LLC boosted 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. One 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $29.25.

Hedge Funds Weigh In On Rush Street Interactive

Several institutional investors have recently bought and sold shares of the business. Concord Wealth Partners bought a new stake in shares of Rush Street Interactive during the third quarter worth $41,000. Kemnay Advisory Services Inc. bought a new position in shares of Rush Street Interactive in the fourth quarter valued at about $47,000. Empowered Funds LLC acquired a new position in Rush Street Interactive during the 4th quarter worth about $55,000. Osaic Holdings Inc. lifted its position in Rush Street Interactive by 62.2% during the 2nd quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock worth $73,000 after buying an additional 1,868 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new stake in Rush Street Interactive during the 2nd quarter worth about $90,000. 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.