Insider Selling: Rush Street Interactive (NYSE:RSI) CFO Sells $610,880.00 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) CFO Kyle Sauers sold 23,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $26.56, for a total transaction of $610,880.00. Following the transaction, the chief financial officer directly owned 606,526 shares of the company’s stock, valued at $16,109,330.56. This represents a 3.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kyle Sauers also recently made the following trade(s):

• On Monday, August 3rd, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $26.65, for a total value of $612,950.00.
• On Monday, July 6th, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $31.53, for a total value of $725,190.00.

Rush Street Interactive Stock Down 0.6%

RSI stock opened at $26.60 on Friday. The business has a 50 day moving average of $28.80 and a 200 day moving average of $25.73. The firm has a market cap of $6.17 billion, a PE ratio of 91.73 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 EPS for the quarter, hitting analysts’ consensus estimates of $0.15. The firm had revenue of $393.78 million for the quarter, compared to analysts’ expectations of $367.75 million. Rush Street Interactive had a return on equity of 18.88% and a net margin of 2.33%.The company’s quarterly revenue was up 46.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.11 earnings per share. On average, research analysts expect that Rush Street Interactive, Inc. will post 0.49 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on RSI shares. Citizens Jmp lifted their target price on shares of Rush Street Interactive from $33.00 to $34.00 and gave the stock a “market outperform” rating in a report on Thursday, July 30th. New Street Research set a $35.00 price objective on shares of Rush Street Interactive in a report on Thursday, July 23rd. Wall Street Zen downgraded Rush Street Interactive from a “buy” rating to a “hold” rating in a research note on Saturday. Wells Fargo & Company upped their price target on Rush Street Interactive from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Finally, Oppenheimer boosted their target price on Rush Street Interactive from $30.00 to $36.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Rush Street Interactive presently has an average rating of “Moderate Buy” and a consensus target price of $35.22.

Institutional Trading of Rush Street Interactive

Large investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Rush Street Interactive by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,163 shares of the company’s stock valued at $484,000 after acquiring an additional 1,893 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Rush Street Interactive by 18.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company’s stock worth $7,394,000 after purchasing an additional 109,366 shares in the last quarter. Prudential Financial Inc. bought a new stake in shares of Rush Street Interactive during the second quarter valued at approximately $166,000. Invesco Ltd. lifted its holdings in shares of Rush Street Interactive by 377.1% in the second quarter. Invesco Ltd. now owns 272,693 shares of the company’s stock worth $4,063,000 after buying an additional 215,538 shares in the last quarter. Finally, First Trust Advisors LP bought a new position in shares of Rush Street Interactive during the second quarter worth $3,766,000. 24.78% of the stock is currently owned by institutional investors.

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.