Insider Selling: Rush Street Interactive (NYSE:RSI) COO Sells 90,000 Shares of Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 90,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $19.09, for a total value of $1,718,100.00. The sale was disclosed in a document filed with the SEC, which is available through this link.

Mattias Stetz also recently made the following trade(s):

• On Friday, January 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.09, for a total value of $381,800.00.
• On Monday, December 1st, Mattias Stetz sold 30,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $18.51, for a total value of $555,300.00.
• On Monday, November 3rd, Mattias Stetz sold 30,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $17.09, for a total value of $512,700.00.

Rush Street Interactive Price Performance

RSI stock traded down $0.29 during midday trading on Tuesday, reaching $19.49. The company had a trading volume of 1,177,455 shares, compared to its average volume of 1,221,185. Rush Street Interactive, Inc. has a 1-year low of $9.54 and a 1-year high of $22.65. The stock has a 50 day moving average price of $18.34 and a 200-day moving average price of $18.47. The company has a market capitalization of $4.47 billion, a price-to-earnings ratio of 77.94 and a beta of 1.57.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The firm had revenue of $277.91 million for the quarter, compared to the consensus estimate of $264.60 million. Rush Street Interactive had a net margin of 2.83% and a return on equity of 17.11%. The business’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.05 earnings per share. As a group, research analysts anticipate that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Rush Street Interactive by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 8,822,279 shares of the company’s stock worth $180,680,000 after buying an additional 107,671 shares during the period. Alliancebernstein L.P. increased its position in Rush Street Interactive by 1.3% in the 2nd quarter. Alliancebernstein L.P. now owns 6,214,230 shares of the company’s stock valued at $92,592,000 after acquiring an additional 80,471 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Rush Street Interactive by 763.6% during the third 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. William Blair Investment Management LLC lifted its holdings in shares of Rush Street Interactive by 4.8% during the second quarter. William Blair Investment Management LLC now owns 2,675,601 shares of the company’s stock worth $39,866,000 after purchasing an additional 121,992 shares during the period. Finally, Marshall Wace LLP lifted its holdings in shares of Rush Street Interactive by 2.7% during the third quarter. Marshall Wace LLP now owns 2,436,811 shares of the company’s stock worth $49,906,000 after purchasing an additional 64,140 shares during the period. Institutional investors and hedge funds own 24.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Rush Street Interactive in a report on Monday, December 29th. Oppenheimer reiterated an “outperform” rating and issued a $24.00 target price on shares of Rush Street Interactive in a research report on Thursday, October 30th. Benchmark increased their target price on shares of Rush Street Interactive from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Monday, September 8th. Needham & Company LLC lifted their price target on shares of Rush Street Interactive from $21.00 to $23.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, Jefferies Financial Group upped their price objective on shares of Rush Street Interactive from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $21.25.

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.