Tudor Investment Corp ET AL Increases Holdings in Rush Street Interactive, Inc. $RSI

Tudor Investment Corp ET AL raised its stake in Rush Street Interactive, Inc. (NYSE:RSI) by 72.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,000,911 shares of the company’s stock after purchasing an additional 421,234 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Rush Street Interactive were worth $20,499,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of RSI. Cambria Investment Management L.P. raised its holdings in shares of Rush Street Interactive by 25.0% during the 3rd quarter. Cambria Investment Management L.P. now owns 49,419 shares of the company’s stock valued at $1,012,000 after buying an additional 9,882 shares during the period. Danske Bank A S purchased a new stake in shares of Rush Street Interactive during the third quarter valued at approximately $1,267,000. Jacobs Levy Equity Management Inc. acquired a new position in shares of Rush Street Interactive during the third quarter worth $10,404,000. Oberweis Asset Management Inc. lifted its position in shares of Rush Street Interactive by 11.4% during the third quarter. Oberweis Asset Management Inc. now owns 1,191,560 shares of the company’s stock worth $24,403,000 after purchasing an additional 121,860 shares in the last quarter. Finally, Castleark Management LLC boosted its stake in shares of Rush Street Interactive by 117.0% in the third quarter. Castleark Management LLC now owns 281,986 shares of the company’s stock valued at $5,775,000 after purchasing an additional 152,036 shares during the period. Hedge funds and other institutional investors own 24.78% of the company’s stock.

Insider Buying and Selling at Rush Street Interactive

In other news, COO Mattias Stetz sold 90,000 shares of Rush Street Interactive stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $19.09, for a total value of $1,718,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Daniel W. Yih sold 50,000 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $20.14, for a total transaction of $1,007,000.00. Following the sale, the director owned 131,678 shares in the company, valued at approximately $2,651,994.92. This trade represents a 27.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,372,743 shares of company stock worth $25,614,892. Company insiders own 56.94% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Citizens Jmp raised shares of Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 price target on the stock in a research note on Wednesday, February 18th. Benchmark restated a “buy” rating on shares of Rush Street Interactive in a research note on Wednesday, February 18th. Needham & Company LLC lifted their target price on Rush Street Interactive from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Oppenheimer boosted their price target on Rush Street Interactive from $24.00 to $25.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Finally, Craig Hallum reissued a “buy” rating on shares of Rush Street Interactive in a report on Tuesday, December 9th. One investment 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 data from MarketBeat.com, Rush Street Interactive has an average rating of “Moderate Buy” and an average price target of $22.88.

Rush Street Interactive Price Performance

RSI opened at $20.66 on Friday. 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 $4.80 billion, a PE ratio of 73.77 and a beta of 1.54. The firm’s fifty day moving average price is $18.75 and its 200 day moving average price is $19.05.

Rush Street Interactive (NYSE:RSI) last issued its earnings results on Tuesday, February 17th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The company had revenue of $324.89 million during the quarter, compared to analyst estimates 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 for the quarter was up 27.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.07 EPS. On average, equities research analysts forecast that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current fiscal year.

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.