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 Rush Street Interactive stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $19.46, for a total transaction of $447,580.00. Following the completion of the transaction, the chief financial officer owned 640,306 shares of the company’s stock, valued at $12,460,354.76. This trade represents a 3.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Thursday, January 8th, Kyle Sauers sold 160,067 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.07, for a total transaction of $3,052,477.69.

Rush Street Interactive Stock Up 2.8%

Shares of RSI stock opened at $20.96 on Friday. The firm has a 50 day moving average of $18.47 and a two-hundred day moving average of $19.07. The stock has a market capitalization of $4.87 billion, a PE ratio of 74.86 and a beta of 1.54. Rush Street Interactive, Inc. has a 52 week low of $9.54 and a 52 week high of $22.65.

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

Institutional Trading of Rush Street Interactive

Several institutional investors have recently modified their holdings of RSI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Rush Street Interactive by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,163 shares of the company’s stock valued at $484,000 after buying an additional 1,893 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Rush Street Interactive by 18.8% in the first quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company’s stock valued at $7,394,000 after acquiring an additional 109,366 shares in the last quarter. AlphaQuest LLC grew its holdings in shares of Rush Street Interactive by 431.3% during the second quarter. AlphaQuest LLC now owns 7,395 shares of the company’s stock worth $110,000 after purchasing an additional 6,003 shares during the last quarter. Teacher Retirement System of Texas grew its holdings in shares of Rush Street Interactive by 11.1% during the second quarter. Teacher Retirement System of Texas now owns 13,615 shares of the company’s stock worth $203,000 after purchasing an additional 1,358 shares during the last quarter. Finally, ProShare Advisors LLC increased its position in shares of Rush Street Interactive by 10.6% during the second quarter. ProShare Advisors LLC now owns 18,202 shares of the company’s stock worth $271,000 after purchasing an additional 1,745 shares in the last quarter. Hedge funds and other institutional investors own 24.78% of the company’s stock.

Rush Street Interactive News Roundup

Here are the key news stories impacting Rush Street Interactive this week:

• Positive Sentiment: Q2 results showed strong top-line momentum — revenue of $324.9M beat consensus and rose ~27.8% year-over-year, supporting analyst optimism and upgrades that underpin demand for the shares. Earnings & Company Page
• Positive Sentiment: Multiple brokerages have recently reiterated buy/outperform ratings and raised targets (average target ~ $22.88), which provides continued analyst support for the stock. Analyst Notes
• Neutral Sentiment: EPS slightly missed the quarter (reported $0.08 vs. $0.10 est.), so the beat was concentrated in revenue rather than margin expansion — a mixed fundamental signal for short-term traders. Earnings Detail
• Neutral Sentiment: Institutional ownership (~25%) and technicals (trading above the 50‑day MA and near the 200‑day MA) are mixed, so absent fresh catalysts price moves may be contained. Ownership & Technicals
• Negative Sentiment: CEO Richard Todd Schwartz sold 247,113 shares (~35% reduction of a specific lot) on March 2 for about $4.9M — a large one-time executive sale that investors often view as a negative signal. CEO Form 4
• Negative Sentiment: COO Mattias Stetz executed multiple sales across March 2–4, including large blocks that in some filings reduced specific holdings by as much as ~77.8%; another notable insider exit. COO Form 4s
• Negative Sentiment: CFO Kyle Sauers sold 23,000 shares on March 3 at ~$19.46 (~$447.6k), a smaller but contemporaneous sale that contributes to the clustered insider selling narrative. CFO Form 4

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Craig Hallum restated a “buy” rating on shares of Rush Street Interactive in a research note on Tuesday, December 9th. Citizens Jmp raised shares of Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 price objective on the stock in a research report on Wednesday, February 18th. Zacks Research lowered shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Wall Street Zen cut shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 21st. Finally, Benchmark reissued a “buy” rating on shares of Rush Street Interactive in a report on Wednesday, February 18th. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Rush Street Interactive has an average rating of “Moderate Buy” and a consensus target price of $22.88.

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.