Mattias Stetz Sells 20,000 Shares of Rush Street Interactive (NYSE:RSI) Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $17.67, for a total transaction of $353,400.00. Following the completion of the sale, the chief operating officer owned 289,624 shares of the company’s stock, valued at approximately $5,117,656.08. The trade was a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Friday, January 2nd, Mattias Stetz sold 90,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.09, for a total transaction of $1,718,100.00.
• 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 transaction of $381,800.00.
• On Monday, December 1st, Mattias Stetz sold 30,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $18.51, for a total value of $555,300.00.

Rush Street Interactive Trading Down 3.9%

Shares of RSI opened at $16.77 on Friday. Rush Street Interactive, Inc. has a twelve month low of $9.54 and a twelve month high of $22.65. The firm has a market capitalization of $3.85 billion, a P/E ratio of 67.06 and a beta of 1.54. The stock’s fifty day simple moving average is $18.74 and its 200 day simple moving average is $18.97.

Institutional Investors Weigh In On Rush Street Interactive

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its position in Rush Street Interactive by 763.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company’s stock valued at $57,815,000 after buying an additional 2,496,109 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of Rush Street Interactive by 100.9% in the second quarter. Marshall Wace LLP now owns 2,372,671 shares of the company’s stock worth $35,353,000 after acquiring an additional 1,191,546 shares in the last quarter. Two Sigma Investments LP lifted its stake in shares of Rush Street Interactive by 247.3% in the third quarter. Two Sigma Investments LP now owns 1,329,550 shares of the company’s stock worth $27,229,000 after acquiring an additional 946,673 shares in the last quarter. 1060 Capital LLC purchased a new position in Rush Street Interactive in the second quarter valued at about $11,222,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in Rush Street Interactive by 47.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,127,031 shares of the company’s stock valued at $43,562,000 after purchasing an additional 683,486 shares in the last quarter. Hedge funds and other institutional investors own 24.78% of the company’s stock.

Analysts Set New Price Targets

RSI has been the topic of several research reports. Jefferies Financial Group restated a “buy” rating and issued a $29.00 price target on shares of Rush Street Interactive in a report on Sunday, January 25th. Weiss Ratings reissued a “hold (c-)” rating on shares of Rush Street Interactive in a research report on Monday, December 29th. Needham & Company LLC lifted their target price 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. Wall Street Zen upgraded Rush Street Interactive from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 7th. Finally, Craig Hallum reissued a “buy” rating on shares of Rush Street Interactive in a research report on Tuesday, December 9th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.38.

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.