Cim LLC Makes New Investment in Rush Street Interactive, Inc. $RSI

Cim LLC purchased a new position in Rush Street Interactive, Inc. (NYSE:RSI) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 22,788 shares of the company’s stock, valued at approximately $496,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of RSI. Kemnay Advisory Services Inc. acquired a new position in shares of Rush Street Interactive in the 4th quarter worth approximately $47,000. Empowered Funds LLC bought a new stake in Rush Street Interactive during the fourth quarter worth approximately $55,000. Osaic Holdings Inc. boosted its holdings in Rush Street Interactive by 62.2% during the second 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. Lazard Asset Management LLC acquired a new position in Rush Street Interactive in the second quarter worth approximately $90,000. Finally, US Bancorp DE bought a new position in shares of Rush Street Interactive in the third quarter valued at $115,000. 24.78% of the stock is owned by institutional investors and hedge funds.

Rush Street Interactive Stock Up 1.3%

Rush Street Interactive stock opened at $31.08 on Thursday. The company’s fifty day simple moving average is $29.89 and its 200-day simple moving average is $24.25. Rush Street Interactive, Inc. has a 12 month low of $15.51 and a 12 month high of $34.53. The stock has a market cap of $7.23 billion, a P/E ratio of 100.27 and a beta of 1.56.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. Rush Street Interactive had a return on equity of 17.21% and a net margin of 2.98%.The business had revenue of $393.78 million during the quarter, compared to analyst estimates of $367.75 million. During the same period last year, the company earned $0.11 earnings per share. Rush Street Interactive’s quarterly revenue was up 46.3% compared to the same quarter last year. On average, equities research analysts expect that Rush Street Interactive, Inc. will post 0.5 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

RSI has been the subject of a number of recent research reports. Needham & Company LLC increased their price objective on Rush Street Interactive from $25.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Oppenheimer lifted their target price on Rush Street Interactive from $30.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. JPMorgan Chase & Co. upped their target price on Rush Street Interactive from $26.00 to $30.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. New Street Research set a $35.00 price target on Rush Street Interactive in a research report on Thursday, July 23rd. Finally, Benchmark increased their price target on Rush Street Interactive from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.89.

Insiders Place Their Bets

In other news, CEO Richard Todd Schwartz sold 710,000 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $24.96, for a total transaction of $17,721,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Neil Bluhm sold 1,371,150 shares of Rush Street Interactive stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $24.96, for a total value of $34,223,904.00. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,887,328 shares of company stock valued at $74,151,223 in the last three months. Insiders own 52.89% of the company’s stock.

More Rush Street Interactive News

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

• Positive Sentiment: RSI reported record second-quarter revenue of $393.8 million, up 46% year over year and well above the roughly $367.8 million consensus estimate. Net income reached a record $29.3 million, while adjusted EBITDA rose 61% to $64.6 million. Rush Street Interactive Announces Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Quarterly earnings were $0.15 per share, matching estimates and improving from $0.11 a year earlier. The earnings beat on revenue and stronger profitability indicate healthy operating leverage. Rush Street Interactive Q2 Earnings Match Estimates
• Positive Sentiment: The company raised 2026 guidance, projecting approximately $1.56 billion to $1.60 billion in revenue, above the roughly $1.5 billion consensus forecast. Growth is expected to benefit from the Alberta market launch and continued expansion in North American online casinos. Rush Street Interactive Projects 2026 Revenue as It Ramps Alberta Launch
• Positive Sentiment: Monthly active users in North American online casino markets increased 64%, reinforcing the company’s customer-acquisition and market-share momentum. Rush Street Interactive Q2 2026 Results
• Neutral Sentiment: RSI shares are trading near their 52-week high and above both their 50-day and 200-day moving averages, suggesting strong momentum but also a higher bar for future results.
• Negative Sentiment: At a P/E ratio near 100, the stock already reflects substantial growth expectations. A pre-earnings valuation analysis also pointed to potentially significant downside if execution or expansion slows. Earnings Watch: RSI

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.