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

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $28.03, for a total transaction of $560,600.00. Following the completion of the sale, the chief operating officer directly owned 177,874 shares of the company’s stock, valued at $4,985,808.22. The trade was a 10.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, July 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $31.22, for a total transaction of $624,400.00.
• On Monday, June 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $25.63, for a total transaction of $512,600.00.

Rush Street Interactive Trading Down 8.4%

Shares of NYSE RSI opened at $26.01 on Thursday. Rush Street Interactive, Inc. has a 12-month low of $15.51 and a 12-month high of $34.53. The company has a market cap of $6.05 billion, a P/E ratio of 89.68 and a beta of 1.59. The stock has a fifty day moving average price of $29.91 and a 200 day moving average price of $24.54.

Rush Street Interactive (NYSE:RSI) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.15 EPS for the quarter, meeting the consensus estimate of $0.15. Rush Street Interactive had a return on equity of 18.88% and a net margin of 2.33%.The company had revenue of $393.78 million for the quarter, compared to analyst estimates of $367.75 million. During the same period last year, the company posted $0.11 earnings per share. The firm’s revenue was up 46.3% compared to the same quarter last year. On average, sell-side analysts forecast that Rush Street Interactive, Inc. will post 0.49 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on RSI shares. Wells Fargo & Company upped their price target on Rush Street Interactive from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Citizens Jmp boosted their target price on shares of Rush Street Interactive from $33.00 to $34.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 30th. Susquehanna upped their target price on shares of Rush Street Interactive from $30.00 to $36.00 and gave the company a “positive” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. raised their price target on shares of Rush Street Interactive from $26.00 to $30.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. Finally, Oppenheimer lifted their price target on shares of Rush Street Interactive from $30.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $35.22.

Institutional Investors Weigh In On Rush Street Interactive

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Rush Street Interactive by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 9,050,062 shares of the company’s stock worth $175,843,000 after purchasing an additional 227,783 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of Rush Street Interactive by 1.3% during the 2nd quarter. Alliancebernstein L.P. now owns 6,214,230 shares of the company’s stock valued at $92,592,000 after buying an additional 80,471 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Rush Street Interactive by 763.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company’s stock valued at $57,815,000 after buying an additional 2,496,109 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Rush Street Interactive by 84.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,764,173 shares of the company’s stock worth $60,121,000 after buying an additional 1,267,622 shares in the last quarter. Finally, William Blair Investment Management LLC grew its position in shares of Rush Street Interactive by 17.3% during the fourth quarter. William Blair Investment Management LLC now owns 2,557,778 shares of the company’s stock worth $49,698,000 after buying an additional 378,002 shares in the last quarter. Institutional investors and hedge funds 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.