Rush Street Interactive (NYSE:RSI) COO Mattias Stetz Sells 20,000 Shares

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $31.22, for a total value of $624,400.00. Following the completion of the transaction, the chief operating officer owned 197,874 shares of the company’s stock, valued at $6,177,626.28. This trade represents a 9.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mattias Stetz also recently made the following trade(s):

• On Monday, June 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $25.63, for a total value of $512,600.00.
• On Wednesday, May 6th, Mattias Stetz sold 11,175 shares of Rush Street Interactive stock. The shares were sold at an average price of $24.96, for a total value of $278,928.00.
• On Tuesday, May 5th, Mattias Stetz sold 74,500 shares of Rush Street Interactive stock. The shares were sold at an average price of $24.96, for a total value of $1,859,520.00.
• On Friday, May 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $28.09, for a total value of $561,800.00.
• On Wednesday, April 29th, Mattias Stetz sold 50,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $27.44, for a total transaction of $1,372,000.00.
• On Monday, April 27th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $24.06, for a total transaction of $481,200.00.

Rush Street Interactive Stock Up 1.2%

Shares of NYSE RSI traded up $0.38 during trading on Thursday, hitting $31.64. 2,424,284 shares of the company traded hands, compared to its average volume of 2,253,501. Rush Street Interactive, Inc. has a 1 year low of $14.38 and a 1 year high of $31.85. The company has a 50-day moving average price of $27.53 and a 200-day moving average price of $22.42. The firm has a market capitalization of $7.36 billion, a P/E ratio of 102.07 and a beta of 1.55.

Rush Street Interactive (NYSE:RSI) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $370.36 million during the quarter, compared to the consensus estimate of $330.82 million. Rush Street Interactive had a return on equity of 17.21% and a net margin of 2.98%.The business’s revenue for the quarter was up 41.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.09 EPS. Research analysts predict that Rush Street Interactive, Inc. will post 0.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Wall Street Zen cut shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. Freedom Capital raised Rush Street Interactive to a “strong-buy” rating in a research report on Wednesday, March 11th. Jefferies Financial Group increased their target price on Rush Street Interactive from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Benchmark raised their target price on Rush Street Interactive from $24.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Needham & Company LLC boosted their price target on Rush Street Interactive from $25.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.25.

Hedge Funds Weigh In On Rush Street Interactive

Institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of 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 valued at $484,000 after acquiring an additional 1,893 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Rush Street Interactive by 18.8% during the 1st 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 during the last quarter. Prudential Financial Inc. bought a new position in Rush Street Interactive during the 2nd quarter valued at $166,000. Invesco Ltd. grew its holdings in Rush Street Interactive by 377.1% during the 2nd quarter. Invesco Ltd. now owns 272,693 shares of the company’s stock worth $4,063,000 after acquiring an additional 215,538 shares in the last quarter. Finally, First Trust Advisors LP bought a new stake in shares of Rush Street Interactive in the 2nd quarter worth about $3,766,000. Institutional investors and hedge funds own 24.78% of the company’s stock.

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.