116,000 Shares in Rush Street Interactive, Inc. $RSI Purchased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Rush Street Interactive, Inc. (NYSE:RSI) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 116,000 shares of the company’s stock, valued at approximately $2,523,000.

A number of other institutional investors and hedge funds have also made changes to their positions in RSI. Kemnay Advisory Services Inc. purchased a new position in shares of Rush Street Interactive during the fourth quarter valued at approximately $47,000. Empowered Funds LLC purchased a new stake in shares of Rush Street Interactive in the 4th quarter worth approximately $55,000. Osaic Holdings Inc. grew its stake in shares of Rush Street Interactive by 62.2% in the 2nd quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock worth $73,000 after buying an additional 1,868 shares during the last quarter. US Bancorp DE purchased a new stake in shares of Rush Street Interactive in the 3rd quarter worth approximately $115,000. Finally, Lazard Asset Management LLC bought a new position in Rush Street Interactive during the 2nd quarter valued at approximately $90,000. Institutional investors own 24.78% of the company’s stock.

Insiders Place Their Bets

In other Rush Street Interactive news, COO Mattias Stetz sold 20,000 shares of Rush Street Interactive stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $31.22, for a total value of $624,400.00. Following the completion of the sale, the chief operating officer owned 197,874 shares of the company’s stock, valued at approximately $6,177,626.28. This trade represents a 9.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Richard Todd Schwartz sold 47,222 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $31.21, for a total value of $1,473,798.62. Following the completion of the transaction, the chief executive officer owned 374,036 shares of the company’s stock, valued at $11,673,663.56. This represents a 11.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 2,708,993 shares of company stock valued at $69,135,460. 52.89% of the stock is currently owned by company insiders.

Key Rush Street Interactive News

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

• Positive Sentiment: Strong Q2 performance and higher guidance: RSI reported second-quarter revenue of approximately $393.8 million, up 46.3% year over year, while adjusted earnings of $0.15 per share matched estimates and improved from $0.11 a year earlier. Management projected 2026 revenue of $1.56 billion to $1.60 billion, supported by growth in online casino and the Alberta launch. Rush Street Interactive Announces Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Casino-first strategy is gaining traction: Coverage highlights record revenue and adjusted EBITDA growth as the company relies more heavily on its online casino business, which has helped offset slower sportsbook momentum. Rush Street’s Casino-First Strategy Pays Off as Sportsbooks Slow
• Positive Sentiment: Analysts raised targets: Wells Fargo increased its target from $35 to $36 and maintained an “overweight” rating, while Citizens JMP raised its target from $33 to $34 and kept a “market outperform” rating. These targets imply substantial upside and reinforce improving confidence in RSI’s growth outlook. Analyst Price Target Updates
• Positive Sentiment: Additional market opportunity: A CFTC filing reportedly keeps RSI’s options open to participate in prediction markets, potentially creating a new growth avenue if regulations permit. Rush Street Keeps Prediction Market Options Open With CFTC Filing
• Neutral Sentiment: Broader commentary views gambling companies as attractive for resilient demand and pricing power, but also flags regulatory, litigation and ESG risks. RSI’s elevated valuation and sportsbook slowdown remain considerations for investors. Sin Stocks: Why Investors Continue to Bet on Controversial Companies

Rush Street Interactive Stock Up 0.6%

NYSE:RSI opened at $26.91 on Friday. The stock has a market cap of $6.26 billion, a price-to-earnings ratio of 92.79 and a beta of 1.56. The company’s 50 day moving average price is $29.87 and its 200-day moving average price is $24.32. Rush Street Interactive, Inc. has a 52 week low of $15.51 and a 52 week high of $34.53.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.15 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.15. The company had revenue of $393.78 million during the quarter, compared to analyst estimates of $367.75 million. Rush Street Interactive had a net margin of 2.33% and a return on equity of 18.88%. The firm’s revenue for the quarter was up 46.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.11 EPS. As a group, sell-side analysts anticipate that Rush Street Interactive, Inc. will post 0.5 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on RSI. New Street Research set a $35.00 price objective on Rush Street Interactive in a research note on Thursday, July 23rd. Oppenheimer increased their target price on Rush Street Interactive from $30.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Jefferies Financial Group restated a “buy” rating and set a $39.00 price target on shares of Rush Street Interactive in a report on Thursday. Wells Fargo & Company lifted their price target on Rush Street Interactive from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Needham & Company LLC upped their price target on shares of Rush Street Interactive from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Thursday. One 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, Rush Street Interactive currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.22.

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.