Landscape Capital Management L.L.C. Takes Position in Rush Street Interactive, Inc. $RSI

Landscape Capital Management L.L.C. bought a new stake in shares of Rush Street Interactive, Inc. (NYSE:RSI) during the 3rd quarter, according to its most recent filing with the SEC. The fund bought 526,267 shares of the company’s stock, valued at approximately $10,778,000. Rush Street Interactive makes up 0.7% of Landscape Capital Management L.L.C.’s portfolio, making the stock its 21st largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Rush Street Interactive by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,163 shares of the company’s stock worth $484,000 after purchasing an additional 1,893 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Rush Street Interactive by 18.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company’s stock worth $7,394,000 after buying an additional 109,366 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of Rush Street Interactive by 11.1% in the 2nd quarter. Teacher Retirement System of Texas now owns 13,615 shares of the company’s stock valued at $203,000 after purchasing an additional 1,358 shares in the last quarter. ProShare Advisors LLC boosted its position in Rush Street Interactive by 10.6% in the second quarter. ProShare Advisors LLC now owns 18,202 shares of the company’s stock valued at $271,000 after buying an additional 1,745 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Rush Street Interactive by 14.0% in the 2nd quarter. Geode Capital Management LLC now owns 2,187,204 shares of the company’s stock worth $32,593,000 after acquiring an additional 268,295 shares in the last quarter. Institutional investors own 24.78% of the company’s stock.

Rush Street Interactive Trading Up 1.0%

Shares of RSI traded up $0.20 on Friday, reaching $21.03. 100,685 shares of the company’s stock were exchanged, compared to its average volume of 2,123,282. Rush Street Interactive, Inc. has a 12 month low of $9.66 and a 12 month high of $22.65. The stock has a market capitalization of $4.89 billion, a P/E ratio of 74.90 and a beta of 1.54. The business has a 50 day moving average price of $18.60 and a two-hundred day moving average price of $19.10.

Rush Street Interactive (NYSE:RSI) last issued its earnings results on Tuesday, February 17th. The company reported $0.08 EPS for the quarter, missing the consensus estimate 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 revenue was up 27.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.07 EPS. Equities research analysts predict that Rush Street Interactive, Inc. will post 0.04 EPS for the current year.

Insider Buying and Selling

In related news, CEO Richard Todd Schwartz sold 247,114 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were 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 in the company, valued at $11,806,529.88. This represents a 26.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Daniel W. Yih sold 50,000 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $20.14, for a total value of $1,007,000.00. Following the completion of the transaction, the director directly owned 131,678 shares of the company’s stock, valued at approximately $2,651,994.92. The trade was a 27.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,372,743 shares of company stock valued at $25,614,892 over the last 90 days. 56.94% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Zacks Research downgraded shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Oppenheimer increased their price objective on Rush Street Interactive from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Wednesday, February 18th. Wall Street Zen cut Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 21st. Susquehanna set a $22.00 target price on Rush Street Interactive in a research report on Wednesday, January 21st. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Rush Street Interactive in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Rush Street Interactive presently has an average rating of “Moderate Buy” and an average price target of $22.88.

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.