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 Rush Street Interactive stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $25.68, for a total transaction of $513,600.00. Following the completion of the transaction, the chief operating officer owned 157,874 shares in the company, valued at $4,054,204.32. This trade represents a 11.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 3rd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $28.03, for a total transaction of $560,600.00.
• On Wednesday, July 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $31.22, for a total transaction of $624,400.00.

Rush Street Interactive Stock Performance

Shares of NYSE:RSI opened at $26.64 on Friday. The company has a market cap of $6.17 billion, a P/E ratio of 91.87 and a beta of 1.51. The stock’s 50-day moving average is $28.90 and its 200-day moving average is $25.73. Rush Street Interactive, Inc. has a 52-week low of $15.51 and a 52-week high of $34.53.

Rush Street Interactive (NYSE:RSI) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.15 EPS for the quarter, hitting analysts’ consensus estimates of $0.15. Rush Street Interactive had a return on equity of 18.88% and a net margin of 2.33%.The business had revenue of $393.78 million for the quarter, compared to analyst estimates of $367.75 million. During the same period in the previous year, the company posted $0.11 earnings per share. The firm’s revenue for the quarter was up 46.3% on a year-over-year basis. As a group, equities analysts predict that Rush Street Interactive, Inc. will post 0.49 EPS for the current year.

Analysts Set New Price Targets

RSI has been the subject of a number of research analyst reports. Benchmark upped their price target on Rush Street Interactive from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. New Street Research set a $35.00 price objective on shares of Rush Street Interactive in a research note on Thursday, July 23rd. Citigroup restated a “market outperform” rating on shares of Rush Street Interactive in a report on Thursday, July 30th. Susquehanna upped their price objective on shares of Rush Street Interactive from $30.00 to $36.00 and gave the company a “positive” rating in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. increased their target price on shares of Rush Street Interactive from $26.00 to $30.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. 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 MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $35.22.

Institutional Trading of Rush Street Interactive

A number of institutional investors and hedge funds have recently modified their holdings of the company. Jefferies Financial Group Inc. acquired a new stake in Rush Street Interactive during the fourth quarter valued at approximately $2,053,000. GSA Capital Partners LLP bought a new stake in shares of Rush Street Interactive in the 2nd quarter valued at approximately $1,996,000. Vanguard Group Inc. raised its holdings in shares of Rush Street Interactive by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 9,050,062 shares of the company’s stock worth $175,843,000 after buying an additional 227,783 shares in the last quarter. UBS Group AG raised its holdings in shares of Rush Street Interactive by 4.0% in the 4th quarter. UBS Group AG now owns 1,037,277 shares of the company’s stock worth $20,154,000 after buying an additional 40,232 shares in the last quarter. Finally, William Blair Investment Management LLC lifted its position in shares of 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 worth $49,698,000 after buying an additional 378,002 shares during the period. 24.78% of the stock is currently owned by institutional investors.

Rush Street Interactive Company 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.