Rush Street Interactive, Inc. $RSI Stock Holdings Increased by Globeflex Capital L P

Globeflex Capital L P grew its holdings in shares of Rush Street Interactive, Inc. (NYSE:RSI) by 44.1% in the first quarter, HoldingsChannel reports. The fund owned 292,734 shares of the company’s stock after buying an additional 89,593 shares during the period. Rush Street Interactive makes up about 1.0% of Globeflex Capital L P’s portfolio, making the stock its 28th largest holding. Globeflex Capital L P’s holdings in Rush Street Interactive were worth $6,367,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of RSI. Vanguard Group Inc. raised its stake in shares of Rush Street Interactive by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 9,050,062 shares of the company’s stock valued at $175,843,000 after purchasing an additional 227,783 shares in the last quarter. Alliancebernstein L.P. grew its position in Rush Street Interactive by 1.3% in the 2nd quarter. Alliancebernstein L.P. now owns 6,214,230 shares of the company’s stock valued at $92,592,000 after buying an additional 80,471 shares in the last quarter. Ameriprise Financial Inc. grew its position in Rush Street Interactive by 763.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company’s stock valued at $57,815,000 after buying an additional 2,496,109 shares in the last quarter. William Blair Investment Management LLC increased its stake in Rush Street Interactive by 17.3% during the 4th quarter. William Blair Investment Management LLC now owns 2,557,778 shares of the company’s stock valued at $49,698,000 after buying an additional 378,002 shares during the period. Finally, Fuller & Thaler Asset Management Inc. increased its stake in Rush Street Interactive by 8.3% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,517,402 shares of the company’s stock valued at $48,913,000 after buying an additional 193,110 shares during the period. Institutional investors own 24.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on RSI shares. Susquehanna boosted their price target on shares of Rush Street Interactive from $25.00 to $29.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. Oppenheimer raised their price objective on shares of Rush Street Interactive from $25.00 to $30.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Citigroup reissued an “outperform” rating on shares of Rush Street Interactive in a report on Wednesday, July 8th. Wall Street Zen lowered Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Rush Street Interactive in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $31.50.

Rush Street Interactive Trading Down 7.0%

Shares of NYSE RSI opened at $31.30 on Thursday. Rush Street Interactive, Inc. has a twelve month low of $14.62 and a twelve month high of $34.53. The firm has a 50-day moving average of $29.51 and a two-hundred day moving average of $23.83. The company has a market capitalization of $7.28 billion, a price-to-earnings ratio of 100.96 and a beta of 1.56.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. Rush Street Interactive had a net margin of 2.98% and a return on equity of 17.21%. The company had revenue of $370.36 million for the quarter, compared to analysts’ expectations of $330.82 million. During the same quarter in the previous year, the company posted $0.09 EPS. The business’s revenue was up 41.1% compared to the same quarter last year. As a group, research analysts predict that Rush Street Interactive, Inc. will post 0.49 earnings per share for the current year.

Insider Buying and Selling at Rush Street Interactive

In other Rush Street Interactive news, CEO Richard Todd Schwartz sold 47,222 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $31.21, for a total value of $1,473,798.62. Following the transaction, the chief executive officer owned 374,036 shares of the company’s stock, valued at approximately $11,673,663.56. This represents a 11.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kyle Sauers sold 23,000 shares of the stock in a transaction on Monday, July 6th. The shares were sold at an average price of $31.53, for a total value of $725,190.00. Following the sale, the chief financial officer owned 652,526 shares of the company’s stock, valued at $20,574,144.78. This trade represents a 3.40% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 3,052,328 shares of company stock valued at $78,623,173. 52.89% of the stock is currently owned by corporate insiders.

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.