State of Wyoming Invests $759,000 in Rush Street Interactive, Inc. $RSI

State of Wyoming purchased a new position in shares of Rush Street Interactive, Inc. (NYSE:RSI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 25,532 shares of the company’s stock, valued at approximately $759,000.

Several other institutional investors have also recently added to or reduced their stakes in RSI. Ameriprise Financial Inc. raised its stake in Rush Street Interactive by 763.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company’s stock valued at $57,815,000 after acquiring an additional 2,496,109 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Rush Street Interactive by 84.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,764,173 shares of the company’s stock valued at $60,121,000 after purchasing an additional 1,267,622 shares during the last quarter. Cooper Creek Partners Management LLC purchased a new position in shares of Rush Street Interactive in the 1st quarter valued at approximately $24,874,000. Two Sigma Investments LP increased its holdings in shares of Rush Street Interactive by 247.3% in the third quarter. Two Sigma Investments LP now owns 1,329,550 shares of the company’s stock valued at $27,229,000 after purchasing an additional 946,673 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Rush Street Interactive by 76.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,341,472 shares of the company’s stock valued at $26,065,000 after purchasing an additional 580,568 shares during the period. Institutional investors and hedge funds own 24.78% of the company’s stock.

Rush Street Interactive Trading Up 0.1%

Shares of RSI opened at $25.59 on Monday. The firm’s 50-day moving average is $29.79 and its two-hundred day moving average is $24.86. Rush Street Interactive, Inc. has a twelve month low of $15.51 and a twelve month high of $34.53. The firm has a market capitalization of $5.93 billion, a P/E ratio of 88.26 and a beta of 1.59.

Rush Street Interactive (NYSE:RSI) last issued its earnings results on Wednesday, July 29th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.15. Rush Street Interactive had a net margin of 2.33% and a return on equity of 18.88%. The company had revenue of $393.78 million during the quarter, compared to analysts’ expectations of $367.75 million. During the same period last year, the company posted $0.11 earnings per share. The firm’s quarterly revenue was up 46.3% compared to the same quarter last year. Analysts predict that Rush Street Interactive, Inc. will post 0.49 EPS for the current year.

Insider Transactions at Rush Street Interactive

In other Rush Street Interactive news, insider Paul Wierbicki sold 10,000 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $30.12, for a total value of $301,200.00. Following the sale, the insider owned 93,256 shares of the company’s stock, valued at approximately $2,808,870.72. This represents a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Kyle Sauers sold 23,000 shares of Rush Street Interactive stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $26.65, for a total value of $612,950.00. Following the transaction, the chief financial officer directly owned 629,526 shares of the company’s stock, valued at $16,776,867.90. This trade represents a 3.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 614,002 shares of company stock worth $17,350,367. 52.89% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Weiss Ratings raised Rush Street Interactive from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 3rd. Needham & Company LLC boosted their price objective on shares of Rush Street Interactive from $33.00 to $36.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Benchmark boosted their price objective on shares of Rush Street Interactive from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Citigroup restated a “market outperform” rating on shares of Rush Street Interactive in a research report on Thursday, July 30th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $39.00 target price on shares of Rush Street Interactive in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Rush Street Interactive currently has an average 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.