Rush Street Interactive, Inc. $RSI Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in shares of Rush Street Interactive, Inc. (NYSE:RSI) by 1.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,822,279 shares of the company’s stock after acquiring an additional 107,671 shares during the period. Vanguard Group Inc. owned about 3.86% of Rush Street Interactive worth $180,680,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of RSI. Concord Wealth Partners acquired a new stake in Rush Street Interactive during the 3rd quarter valued at approximately $41,000. Osaic Holdings Inc. increased its stake in shares of Rush Street Interactive by 62.2% in the second quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock worth $73,000 after buying an additional 1,868 shares during the last quarter. Lazard Asset Management LLC acquired a new stake in Rush Street Interactive in the second quarter valued at $90,000. Pacer Advisors Inc. raised its holdings in Rush Street Interactive by 57.2% in the third quarter. Pacer Advisors Inc. now owns 5,027 shares of the company’s stock valued at $103,000 after acquiring an additional 1,830 shares in the last quarter. Finally, State of Alaska Department of Revenue bought a new position in Rush Street Interactive during the 3rd quarter valued at $105,000. Institutional investors and hedge funds own 24.78% of the company’s stock.

Insider Activity at Rush Street Interactive

In other Rush Street Interactive news, CFO Kyle Sauers sold 160,067 shares of the business’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $19.07, for a total transaction of $3,052,477.69. Following the sale, the chief financial officer directly owned 663,306 shares in the company, valued at approximately $12,649,245.42. The trade was a 19.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard Todd Schwartz sold 247,114 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $16.82, for a total value of $4,156,457.48. Following the completion of the sale, the chief executive officer owned 701,934 shares of the company’s stock, valued at $11,806,529.88. This trade represents a 26.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,136,535 shares of company stock worth $20,646,037 over the last ninety days. 56.94% of the stock is currently owned by corporate insiders.

Rush Street Interactive Price Performance

NYSE:RSI opened at $19.94 on Tuesday. Rush Street Interactive, Inc. has a 12-month low of $9.54 and a 12-month high of $22.65. The firm has a market capitalization of $4.63 billion, a P/E ratio of 71.21 and a beta of 1.54. The business has a 50 day simple moving average of $18.39 and a 200 day simple moving average of $19.05.

Rush Street Interactive (NYSE:RSI) last released its quarterly earnings results on Tuesday, February 17th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The business had revenue of $324.89 million for the quarter, compared to the consensus estimate of $305.08 million. Rush Street Interactive had a net margin of 2.94% and a return on equity of 17.95%. The business’s quarterly revenue was up 27.8% on a year-over-year basis. During the same period last year, the firm posted $0.07 EPS. Research analysts anticipate that Rush Street Interactive, Inc. will post 0.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

RSI has been the subject of several research analyst reports. Citizens Jmp raised shares of Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 target price for the company in a research report on Wednesday, February 18th. Wall Street Zen lowered Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 21st. Susquehanna set a $22.00 target price on Rush Street Interactive in a report on Wednesday, January 21st. Oppenheimer boosted their price target on Rush Street Interactive from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. Finally, Zacks Research lowered Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $22.88.

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.