Quantinno Capital Management LP Buys Shares of 81,321 Rush Street Interactive, Inc. $RSI

Quantinno Capital Management LP bought a new position in shares of 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 firm bought 81,321 shares of the company’s stock, valued at approximately $1,769,000.

Other institutional investors also recently modified their holdings of the company. New York State Teachers Retirement System increased its stake in shares of Rush Street Interactive by 5.2% in the 1st quarter. New York State Teachers Retirement System now owns 8,441 shares of the company’s stock valued at $184,000 after acquiring an additional 419 shares during the last quarter. Man Group plc boosted its stake in Rush Street Interactive by 0.7% during the 2nd quarter. Man Group plc now owns 89,535 shares of the company’s stock worth $1,334,000 after acquiring an additional 654 shares during the last quarter. Cerity Partners LLC boosted its stake in Rush Street Interactive by 4.6% during the 4th quarter. Cerity Partners LLC now owns 23,675 shares of the company’s stock worth $460,000 after acquiring an additional 1,042 shares during the last quarter. ProShare Advisors LLC grew its holdings in Rush Street Interactive by 10.3% during the fourth quarter. ProShare Advisors LLC now owns 16,740 shares of the company’s stock valued at $325,000 after purchasing an additional 1,561 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in Rush Street Interactive by 62.2% during the second quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock valued at $73,000 after purchasing an additional 1,868 shares during the period. 24.78% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have commented on RSI. Jefferies Financial Group reaffirmed a “buy” rating and issued a $39.00 target price on shares of Rush Street Interactive in a research note on Thursday, July 30th. Oppenheimer boosted their price target on shares of Rush Street Interactive from $30.00 to $36.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Citizens Jmp upped their price objective on shares of Rush Street Interactive from $33.00 to $34.00 and gave the company a “market outperform” rating in a research report on Thursday, July 30th. Benchmark upped 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 report on Thursday, July 23rd. Finally, Susquehanna raised their price objective on Rush Street Interactive from $30.00 to $36.00 and gave the stock a “positive” rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $35.22.

Rush Street Interactive Price Performance

NYSE RSI opened at $25.17 on Wednesday. Rush Street Interactive, Inc. has a one year low of $15.51 and a one year high of $34.53. The firm has a market cap of $5.83 billion, a P/E ratio of 86.79 and a beta of 1.59. The stock’s 50-day moving average is $29.86 and its 200-day moving average is $24.71.

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

Insider Buying and Selling at Rush Street Interactive

In other Rush Street Interactive news, CFO Kyle Sauers sold 23,000 shares of Rush Street Interactive stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $25.44, for a total value of $585,120.00. Following the transaction, the chief financial officer owned 631,258 shares of the company’s stock, valued at approximately $16,059,203.52. The trade was a 3.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Richard Todd Schwartz sold 111,112 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $25.58, for a total transaction of $2,842,244.96. Following the completion of the transaction, the chief executive officer owned 421,258 shares of the company’s stock, valued at $10,775,779.64. This trade represents a 20.87% 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. Over the last quarter, insiders have sold 614,002 shares of company stock valued at $17,350,367. 52.89% of the stock is currently owned by corporate insiders.

Rush Street Interactive 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.