Rush Street Interactive (NYSE:RSI) COO Mattias Stetz Sells 74,500 Shares

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 74,500 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $24.96, for a total value of $1,859,520.00. Following the sale, the chief operating officer owned 237,874 shares in the company, valued at approximately $5,937,335.04. This trade represents a 23.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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 value of $278,928.00.
• 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 value of $561,800.00.
• On Wednesday, April 29th, Mattias Stetz sold 50,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $27.44, for a total value 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 value 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 value of $441,400.00.
• On Tuesday, March 24th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $22.02, for a total value of $440,400.00.
• On Wednesday, March 4th, Mattias Stetz sold 11,892 shares of Rush Street Interactive stock. The shares were sold at an average price of $20.22, for a total value of $240,456.24.
• On Wednesday, March 4th, Mattias Stetz sold 3,398 shares of Rush Street Interactive stock. The shares were sold at an average price of $20.22, for a total value of $68,707.56.
• On Tuesday, March 3rd, Mattias Stetz sold 29,725 shares of Rush Street Interactive stock. The shares were sold at an average price of $20.07, for a total value of $596,580.75.
• On Tuesday, March 3rd, Mattias Stetz sold 8,493 shares of Rush Street Interactive stock. The shares were sold at an average price of $20.07, for a total value of $170,454.51.

Rush Street Interactive Price Performance

Shares of RSI stock opened at $27.83 on Thursday. The business’s 50 day simple moving average is $22.07 and its 200 day simple moving average is $19.57. Rush Street Interactive, Inc. has a one year low of $11.50 and a one year high of $29.24. The stock has a market capitalization of $6.47 billion, a PE ratio of 89.79 and a beta of 1.65.

Rush Street Interactive (NYSE:RSI) last announced its earnings results on Tuesday, April 28th. The company reported $0.14 EPS 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 business had revenue of $370.36 million for the quarter, compared to analysts’ expectations of $330.83 million. During the same period in the prior year, the business posted $0.09 earnings per share. The firm’s revenue was up 41.1% on a year-over-year basis. As a group, research analysts expect that Rush Street Interactive, Inc. will post 0.47 earnings per share for the current year.

Key Stories Impacting Rush Street Interactive

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

• Positive Sentiment: Board approved a $100 million share repurchase program to run concurrent with the secondary offering — supports the share price by allowing the company to repurchase shares and signals board confidence. Article Title
• Neutral Sentiment: CFO Kyle Sauers sold 23,000 shares under a pre-arranged Rule 10b5-1 plan at ~$28.39; pre-planned sales tend to be treated as non-informational by the market. SEC Filing
• Negative Sentiment: Company disclosed an underwritten secondary offering of 10,000,000 Class A shares by trusts tied to Executive Chairman Neil Bluhm, CEO Richard Schwartz and COO Mattias Stetz — increases near-term supply and can pressure the stock. Article Title
• Negative Sentiment: Large insider sales tied to the offering were filed with the SEC: Executive Chairman Neil Bluhm sold 1,371,150 shares (~$34.2M at $24.96), CEO Richard Schwartz sold ~816,500 shares across May 5–6 (~$20.4M at $24.96), and COO Mattias Stetz sold ~85,675 shares (~$2.1M). These sizable insider sales amplify selling pressure. Bluhm SEC Filing

Hedge Funds Weigh In On Rush Street Interactive

A number of institutional investors have recently modified their holdings of RSI. Concord Wealth Partners acquired a new position in shares of Rush Street Interactive during the third quarter worth approximately $41,000. Kemnay Advisory Services Inc. acquired a new position in shares of Rush Street Interactive during the fourth quarter worth approximately $47,000. Empowered Funds LLC acquired a new position in shares of Rush Street Interactive during the fourth quarter worth approximately $55,000. Osaic Holdings Inc. raised its position in shares of 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 purchasing an additional 1,868 shares during the period. Finally, Lazard Asset Management LLC acquired a new position in shares of Rush Street Interactive during the second quarter worth approximately $90,000. 24.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on RSI shares. Citigroup restated an “outperform” rating on shares of Rush Street Interactive in a report on Wednesday, April 29th. Freedom Capital upgraded Rush Street Interactive to a “strong-buy” rating in a report on Wednesday, March 11th. Needham & Company LLC increased their price target on Rush Street Interactive from $25.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wells Fargo & Company increased their price target on Rush Street Interactive from $26.00 to $29.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Finally, Jefferies Financial Group increased their price target on Rush Street Interactive from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Rush Street Interactive currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.63.

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.