Rush Street Interactive (NYSE:RSI) CEO Richard Todd Schwartz Sells 111,112 Shares

Rush Street Interactive, Inc. (NYSE:RSI) CEO Richard Todd Schwartz sold 111,112 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $28.13, for a total value of $3,125,580.56. Following the completion of the sale, the chief executive officer directly owned 421,259 shares in the company, valued at $11,850,015.67. This represents a 20.87% decrease in their position. The transaction was disclosed in a filing 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.

Richard Todd Schwartz also recently made the following trade(s):

• On Friday, May 1st, Richard Todd Schwartz sold 47,223 shares of Rush Street Interactive stock. The shares were sold at an average price of $28.13, for a total value of $1,328,382.99.
• On Thursday, April 16th, Richard Todd Schwartz sold 61,765 shares of Rush Street Interactive stock. The shares were sold at an average price of $22.60, for a total value of $1,395,889.00.
• On Wednesday, April 1st, Richard Todd Schwartz sold 90,482 shares of Rush Street Interactive stock. The shares were sold at an average price of $22.04, for a total value of $1,994,223.28.
• On Monday, March 2nd, Richard Todd Schwartz sold 247,113 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.83, for a total value of $4,900,250.79.
• On Tuesday, February 17th, Richard Todd Schwartz sold 247,114 shares of Rush Street Interactive stock. The shares were sold at an average price of $16.82, for a total value of $4,156,457.48.
• On Wednesday, February 4th, Richard Todd Schwartz sold 247,114 shares of Rush Street Interactive stock. The shares were sold at an average price of $17.61, for a total value of $4,351,677.54.

Rush Street Interactive Stock Performance

RSI stock traded up $0.25 during mid-day trading on Friday, reaching $28.35. The company had a trading volume of 2,110,974 shares, compared to its average volume of 1,974,183. The company has a market capitalization of $6.59 billion, a price-to-earnings ratio of 91.44 and a beta of 1.45. The firm has a fifty day simple moving average of $21.67 and a 200 day simple moving average of $19.46. Rush Street Interactive, Inc. has a fifty-two week low of $11.23 and a fifty-two week high of $29.00.

Rush Street Interactive (NYSE:RSI) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The company had revenue of $370.36 million for the quarter, compared to analyst estimates of $330.83 million. Rush Street Interactive had a return on equity of 17.86% and a net margin of 2.98%.Rush Street Interactive’s revenue for the quarter was up 41.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.09 EPS. As a group, analysts predict that Rush Street Interactive, Inc. will post 0.43 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Citigroup reissued an “outperform” rating on shares of Rush Street Interactive in a research report on Wednesday. Oppenheimer raised their target price on Rush Street Interactive from $25.00 to $30.00 and gave the stock an “outperform” rating in a research report on Wednesday. Needham & Company LLC raised their target price on Rush Street Interactive from $25.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday. Susquehanna raised their target price on Rush Street Interactive from $25.00 to $29.00 and gave the stock a “positive” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. raised their target price on Rush Street Interactive from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Rush Street Interactive has an average rating of “Moderate Buy” and a consensus target price of $27.22.

More Rush Street Interactive News

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

• Positive Sentiment: Q1 beat and operating momentum — RSI reported $0.14 EPS (vs. $0.12 est.) and revenue of ~$370M (well above consensus), with record net income and adjusted EBITDA cited on the call; the results underpin the recent rally. Rush Street rallies to an all-time high after strong earnings
• Positive Sentiment: Raise to full‑year outlook — management raised 2026 revenue and adjusted EBITDA guidance and provided a $1.49B–$1.54B revenue range for 2026 while flagging product/market expansion (Alberta launch), giving clearer growth visibility. Rush Street Interactive forecasts 2026 revenue
• Positive Sentiment: Analyst response and investor confidence — sell‑side firms raised price targets and issued upgrades after the quarter, supporting momentum and helping drive higher forward expectations. Earnings call highlights & analyst reaction
• Neutral Sentiment: Insider sales under 10b5‑1 plans — multiple insiders (COO Mattias Stetz, Director Judith Gold, and Paul Wierbicki) sold blocks April 27–29; filings show the trades were executed via pre‑arranged plans, which reduces the informational signal but does lower insider ownership. Paul Wierbicki sells 45,000 shares Mattias Stetz sells 50,000 shares
• Neutral Sentiment: New regulatory risk disclosure flagged — a TipRanks note highlights an added Regulation‑category risk; investors should read the disclosure but it appears to be a filing/clarification rather than new operational news. Risk disclosure note

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Hsbc Holdings PLC grew its stake in Rush Street Interactive by 35.5% during the 1st quarter. Hsbc Holdings PLC now owns 99,422 shares of the company’s stock worth $2,170,000 after buying an additional 26,061 shares during the last quarter. New York State Teachers Retirement System grew its stake in Rush Street Interactive by 5.2% during the 1st quarter. New York State Teachers Retirement System now owns 8,441 shares of the company’s stock worth $184,000 after buying an additional 419 shares during the last quarter. Y Intercept Hong Kong Ltd grew its stake in Rush Street Interactive by 32.9% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 89,487 shares of the company’s stock worth $1,946,000 after buying an additional 22,163 shares during the last quarter. Strs Ohio grew its stake in Rush Street Interactive by 43.2% during the 1st quarter. Strs Ohio now owns 41,100 shares of the company’s stock worth $894,000 after buying an additional 12,400 shares during the last quarter. Finally, Pictet Asset Management Holding SA grew its stake in Rush Street Interactive by 35.7% during the 1st quarter. Pictet Asset Management Holding SA now owns 21,382 shares of the company’s stock worth $465,000 after buying an additional 5,628 shares during the last quarter. Hedge funds and other 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.