Jackson Creek Investment Advisors LLC Buys 21,298 Shares of Rush Street Interactive, Inc. $RSI

Jackson Creek Investment Advisors LLC grew its stake in shares of Rush Street Interactive, Inc. (NYSE:RSI) by 31.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 88,798 shares of the company’s stock after purchasing an additional 21,298 shares during the period. Jackson Creek Investment Advisors LLC’s holdings in Rush Street Interactive were worth $1,725,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Rush Street Interactive by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 9,050,062 shares of the company’s stock worth $175,843,000 after purchasing an additional 227,783 shares in the last quarter. Alliancebernstein L.P. increased its holdings in Rush Street Interactive by 1.3% during the 2nd quarter. Alliancebernstein L.P. now owns 6,214,230 shares of the company’s stock worth $92,592,000 after purchasing an additional 80,471 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Rush Street Interactive by 763.6% in 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 in the last quarter. William Blair Investment Management LLC grew its holdings in shares of Rush Street Interactive by 17.3% in the fourth quarter. William Blair Investment Management LLC now owns 2,557,778 shares of the company’s stock valued at $49,698,000 after acquiring an additional 378,002 shares in the last quarter. Finally, Marshall Wace LLP increased its position 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 valued at $49,906,000 after acquiring an additional 64,140 shares during the last quarter. 24.78% of the stock is owned by institutional investors.

Rush Street Interactive Stock Performance

Shares of NYSE RSI opened at $26.20 on Wednesday. Rush Street Interactive, Inc. has a fifty-two week low of $11.76 and a fifty-two week high of $29.24. The stock has a market cap of $6.10 billion, a PE ratio of 84.52 and a beta of 1.65. The stock has a fifty day moving average of $24.07 and a 200-day moving average of $20.49.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.14 earnings per share 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 firm 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 company’s revenue was up 41.1% on a year-over-year basis. On average, sell-side analysts predict that Rush Street Interactive, Inc. will post 0.47 EPS for the current year.

Insider Activity

In other Rush Street Interactive news, COO Mattias Stetz sold 11,175 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $24.96, for a total value of $278,928.00. Following the completion of the transaction, the chief operating officer directly owned 237,874 shares of the company’s stock, valued at $5,937,335.04. This trade represents a 4.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman Neil Bluhm sold 1,371,150 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $24.96, for a total transaction of $34,223,904.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 3,365,020 shares of company stock worth $82,047,010. Insiders own 52.89% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Benchmark boosted their price objective on Rush Street Interactive from $24.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Citizens Jmp raised their target price on Rush Street Interactive from $27.00 to $30.00 and gave the company a “market outperform” rating in a research report on Wednesday, May 20th. Wall Street Zen cut Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Citigroup reissued an “outperform” rating on shares of Rush Street Interactive in a report on Wednesday, May 20th. Finally, Wells Fargo & Company increased their price target on shares of Rush Street Interactive from $26.00 to $29.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.25.

About Rush Street Interactive

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.