PEAK6 LLC Invests $685,000 in Rush Street Interactive, Inc. $RSI

PEAK6 LLC purchased a new stake in Rush Street Interactive, Inc. (NYSE:RSI) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 23,028 shares of the company’s stock, valued at approximately $685,000.

A number of other institutional investors also recently modified their holdings of RSI. BlackRock Inc. acquired a new position in shares of Rush Street Interactive during the 2nd quarter worth approximately $448,435,000. Vanguard Group Inc. grew its position in Rush Street Interactive by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 9,050,062 shares of the company’s stock valued at $175,843,000 after acquiring an additional 227,783 shares during the last quarter. Alliancebernstein L.P. raised its stake in Rush Street Interactive by 1.3% during the second quarter. Alliancebernstein L.P. now owns 6,214,230 shares of the company’s stock worth $92,592,000 after acquiring an additional 80,471 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Rush Street Interactive by 763.6% during the third quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company’s stock worth $57,815,000 after acquiring an additional 2,496,109 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Rush Street Interactive by 84.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,764,173 shares of the company’s stock worth $60,121,000 after acquiring an additional 1,267,622 shares during the last quarter. Institutional investors own 24.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on RSI shares. Susquehanna raised their price target on shares of Rush Street Interactive from $30.00 to $36.00 and gave the company a “positive” rating in a research note on Wednesday, July 29th. Jefferies Financial Group reiterated a “buy” rating and set a $39.00 price objective on shares of Rush Street Interactive in a research report on Thursday, July 30th. Citizens Jmp increased 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 note on Thursday, July 30th. Benchmark raised their target price 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, Wall Street Zen lowered Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Rush Street Interactive has a consensus rating of “Moderate Buy” and a consensus target price of $35.22.

Insiders Place Their Bets

In other news, CEO Richard Todd Schwartz sold 111,112 shares of Rush Street Interactive stock in a transaction on Monday, June 1st. The stock was sold at an average price of $25.58, for a total transaction of $2,842,244.96. Following the sale, the chief executive officer directly owned 421,258 shares in the company, valued at $10,775,779.64. The trade was a 20.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Mattias Stetz sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $31.22, for a total transaction of $624,400.00. Following the sale, the chief operating officer owned 197,874 shares of the company’s stock, valued at approximately $6,177,626.28. The trade was a 9.18% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 614,002 shares of company stock valued at $17,350,367 in the last 90 days. 52.89% of the stock is currently owned by corporate insiders.

Rush Street Interactive Price Performance

NYSE RSI opened at $25.70 on Monday. The stock has a market capitalization of $5.96 billion, a P/E ratio of 88.62 and a beta of 1.59. The business has a 50 day simple moving average of $29.49 and a 200 day simple moving average of $25.14. Rush Street Interactive, Inc. has a one year low of $15.51 and a one year high of $34.53.

Rush Street Interactive (NYSE:RSI) last issued its earnings results on Wednesday, July 29th. The company reported $0.15 EPS for the quarter, meeting analysts’ consensus estimates 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 company posted $0.11 EPS. The firm’s revenue was up 46.3% compared to the same quarter last year. Equities analysts expect that Rush Street Interactive, Inc. will post 0.49 earnings per share for the current year.

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.