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 company’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $25.68, for a total value of $513,600.00. Following the transaction, the chief operating officer directly owned 157,874 shares of the company’s stock, valued at $4,054,204.32. This represents a 11.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 Monday, August 3rd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $28.03, for a total value of $560,600.00.
• 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.

Rush Street Interactive Price Performance

RSI stock traded up $0.47 during midday trading on Thursday, hitting $26.64. The company’s stock had a trading volume of 2,307,014 shares, compared to its average volume of 2,309,105. The company’s fifty day moving average price is $28.97 and its 200 day moving average price is $25.65. The stock has a market capitalization of $6.17 billion, a P/E ratio of 91.87 and a beta of 1.51. Rush Street Interactive, Inc. has a twelve month low of $15.51 and a twelve month high of $34.53.

Rush Street Interactive (NYSE:RSI) last released its earnings results on Wednesday, July 29th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. The business had revenue of $393.78 million for the quarter, compared to analyst estimates of $367.75 million. Rush Street Interactive had a return on equity of 18.88% and a net margin of 2.33%.Rush Street Interactive’s revenue was up 46.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.11 earnings per share. Equities analysts expect that Rush Street Interactive, Inc. will post 0.49 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on RSI. Citizens Jmp raised their price objective on Rush Street Interactive from $33.00 to $34.00 and gave the company a “market outperform” rating in a research report on Thursday, July 30th. New Street Research set a $35.00 target price on Rush Street Interactive in a report on Thursday, July 23rd. Needham & Company LLC increased their price target on Rush Street Interactive from $33.00 to $36.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Jefferies Financial Group reaffirmed a “buy” rating and set a $39.00 price target on shares of Rush Street Interactive in a report on Thursday, July 30th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Rush Street Interactive in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Rush Street Interactive presently has an average rating of “Moderate Buy” and an average target price of $35.22.

Institutional Investors Weigh In On Rush Street Interactive

Several hedge funds have recently bought and sold shares of RSI. Global Retirement Partners LLC bought a new stake in shares of Rush Street Interactive during the second quarter worth approximately $35,000. CoreCap Advisors LLC bought a new position in shares of Rush Street Interactive during the second quarter worth approximately $54,000. Allworth Financial LP bought a new position in shares of Rush Street Interactive during the second quarter worth approximately $57,000. Kemnay Advisory Services Inc. acquired a new stake in Rush Street Interactive during the 4th quarter worth approximately $47,000. Finally, Empowered Funds LLC acquired a new stake in Rush Street Interactive during the 4th quarter worth approximately $55,000. 24.78% of the stock is currently owned by institutional investors and hedge funds.

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.