Rush Street Interactive, Inc. (NYSE:RSI – Get Free Report) COO Mattias Stetz sold 11,175 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $24.96, for a total value of $278,928.00. Following the completion of the sale, the chief operating officer directly owned 237,874 shares of the company’s stock, valued at $5,937,335.04. This represents a 4.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Mattias Stetz also recently made the following trade(s):
- On Tuesday, May 5th, Mattias Stetz sold 74,500 shares of Rush Street Interactive stock. The stock was sold at an average price of $24.96, for a total value of $1,859,520.00.
- On Friday, May 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $28.09, for a total value of $561,800.00.
- On Wednesday, April 29th, Mattias Stetz sold 50,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $27.44, for a total value of $1,372,000.00.
- On Monday, April 27th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $24.06, for a total value of $481,200.00.
- On Wednesday, April 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $22.07, for a total value of $441,400.00.
- On Tuesday, March 24th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $22.02, for a total value of $440,400.00.
- On Wednesday, March 4th, Mattias Stetz sold 11,892 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.22, for a total value of $240,456.24.
- On Wednesday, March 4th, Mattias Stetz sold 3,398 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.22, for a total value of $68,707.56.
- On Tuesday, March 3rd, Mattias Stetz sold 29,725 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.07, for a total value of $596,580.75.
- On Tuesday, March 3rd, Mattias Stetz sold 8,493 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.07, for a total value of $170,454.51.
Rush Street Interactive Price Performance
Shares of NYSE RSI traded down $1.34 during trading hours on Wednesday, hitting $27.83. 9,694,094 shares of the company’s stock were exchanged, compared to its average volume of 2,058,207. Rush Street Interactive, Inc. has a 1-year low of $11.50 and a 1-year high of $29.24. The stock has a market capitalization of $6.47 billion, a price-to-earnings ratio of 89.79 and a beta of 1.65. The company’s 50-day moving average price is $21.88 and its 200-day moving average price is $19.52.
Hedge Funds Weigh In On Rush Street Interactive
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Concord Wealth Partners bought a new position in Rush Street Interactive during the third quarter valued at about $41,000. Kemnay Advisory Services Inc. bought a new stake in shares of Rush Street Interactive in the 4th quarter valued at approximately $47,000. Empowered Funds LLC bought a new stake in shares of Rush Street Interactive in the 4th quarter valued at approximately $55,000. Osaic Holdings Inc. grew its stake in shares of Rush Street Interactive by 62.2% in the 2nd 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. Finally, State of Alaska Department of Revenue bought a new stake in shares of Rush Street Interactive in the 3rd quarter valued at approximately $105,000. 24.78% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on RSI shares. 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. Needham & Company LLC boosted their price objective on Rush Street Interactive from $25.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price objective on Rush Street Interactive from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, April 16th. Freedom Capital raised Rush Street Interactive to a “strong-buy” rating in a research report on Wednesday, March 11th. Finally, Citigroup restated an “outperform” rating on shares of Rush Street Interactive in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Rush Street Interactive currently has an average rating of “Moderate Buy” and an average target price of $28.63.
Check Out Our Latest Report on Rush Street Interactive
Key Rush Street Interactive News
Here are the key news stories impacting Rush Street Interactive this week:
- Positive Sentiment: Board approves $100 million share repurchase program and the company announced a concurrent repurchase alongside the secondary offering — this reduces net float pressure and signals capital return. Read More.
- Neutral Sentiment: CFO Kyle Sauers sold 23,000 shares under a pre‑arranged Rule 10b5‑1 trading plan (avg $28.39) — a planned sale that is less informative about management’s private view of the stock. Read More.
- Negative Sentiment: Selling stockholders (trusts beneficially owned by Chairman Neil Bluhm, CEO Richard Schwartz and COO Mattias Stetz) launched an underwritten secondary offering of 10,000,000 Class A shares — this increases available supply and created selling pressure. Read More.
- Negative Sentiment: Chairman Neil Bluhm sold 1,371,150 shares at ~$24.96 (~$34.2M) in filings — large insider disposition from an insider trust likely amplified downward price movement. Read More.
- Negative Sentiment: CEO Richard Todd Schwartz sold 816,500 shares across May 5–6 at ~$24.96 (totaling ~ $20.4M) — significant insider sales from the CEO increase perception of near‑term supply. Read More.
- Negative Sentiment: COO Mattias Stetz sold ~85,675 shares across May 5–6 at ~$24.96 (~$2.14M) reducing his stake materially — more insider selling from senior management. Read More.
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.
Further Reading
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