Kyle Sauers Sells 23,000 Shares of Rush Street Interactive (NYSE:RSI) Stock

Rush Street Interactive, Inc. (NYSE:RSI) CFO Kyle Sauers sold 23,000 shares of the company’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $26.56, for a total transaction of $610,880.00. Following the sale, the chief financial officer directly owned 606,526 shares of the company’s stock, valued at approximately $16,109,330.56. This trade represents a 3.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kyle Sauers also recently made the following trade(s):

• On Monday, August 3rd, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $26.65, for a total value of $612,950.00.
• On Monday, July 6th, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $31.53, for a total value of $725,190.00.

Rush Street Interactive Price Performance

Shares of NYSE RSI opened at $26.60 on Friday. Rush Street Interactive, Inc. has a 1-year low of $15.51 and a 1-year high of $34.53. The business has a 50-day moving average of $28.80 and a 200-day moving average of $25.73. The company has a market capitalization of $6.17 billion, a price-to-earnings ratio of 91.73 and a beta of 1.51.

Rush Street Interactive (NYSE:RSI) last announced its earnings results on Wednesday, July 29th. The company reported $0.15 EPS for the quarter, meeting the consensus estimate of $0.15. The business had revenue of $393.78 million for the quarter, compared to the consensus estimate of $367.75 million. Rush Street Interactive had a return on equity of 18.88% and a net margin of 2.33%.The company’s revenue was up 46.3% on a year-over-year basis. During the same period last year, the business posted $0.11 EPS. Research analysts expect that Rush Street Interactive, Inc. will post 0.49 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on RSI. Susquehanna boosted their target price on shares of Rush Street Interactive from $30.00 to $36.00 and gave the stock a “positive” rating in a research report on Wednesday, July 29th. Citigroup reiterated a “market outperform” rating on shares of Rush Street Interactive in a report on Thursday, July 30th. Wall Street Zen cut shares of Rush Street Interactive from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings downgraded Rush Street Interactive from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. lifted their target price on Rush Street Interactive from $26.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $35.22.

Institutional Trading of Rush Street Interactive

Institutional investors have recently added to or reduced their stakes in the stock. New York State Teachers Retirement System boosted its stake in Rush Street Interactive by 5.2% during 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 increased its position in shares of Rush Street Interactive by 0.7% in the 2nd quarter. Man Group plc now owns 89,535 shares of the company’s stock worth $1,334,000 after purchasing an additional 654 shares during the last quarter. Cerity Partners LLC raised its stake in shares of Rush Street Interactive by 4.6% in the 4th quarter. Cerity Partners LLC now owns 23,675 shares of the company’s stock valued at $460,000 after purchasing an additional 1,042 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Rush Street Interactive in the 2nd quarter valued at about $35,000. Finally, ProShare Advisors LLC lifted its position in shares of Rush Street Interactive by 10.3% during the fourth quarter. ProShare Advisors LLC now owns 16,740 shares of the company’s stock worth $325,000 after purchasing an additional 1,561 shares during the last quarter. 24.78% of the stock is owned by institutional investors and hedge funds.

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.