Insider Selling: Rush Street Interactive (NYSE:RSI) COO Sells 28,383 Shares of Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 28,383 shares of Rush Street Interactive stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $20.01, for a total transaction of $567,943.83. Following the completion of the transaction, the chief operating officer directly owned 29,727 shares in the company, valued at $594,837.27. The trade was a 48.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, March 4th, Mattias Stetz sold 11,892 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.22, for a total transaction of $240,456.24.
• On Wednesday, March 4th, Mattias Stetz sold 3,398 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.22, for a total transaction of $68,707.56.
• On Tuesday, March 3rd, Mattias Stetz sold 29,725 shares of Rush Street Interactive stock. The shares were sold at an average price of $20.07, for a total transaction of $596,580.75.
• On Tuesday, March 3rd, Mattias Stetz sold 8,493 shares of Rush Street Interactive stock. The shares were sold at an average price of $20.07, for a total transaction of $170,454.51.
• On Monday, March 2nd, Mattias Stetz sold 28,109 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.88, for a total transaction of $558,806.92.
• On Monday, February 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $17.67, for a total value of $353,400.00.
• On Friday, January 2nd, Mattias Stetz sold 90,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.09, for a total value of $1,718,100.00.
• On Friday, January 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.09, for a total value of $381,800.00.

Rush Street Interactive Price Performance

Shares of RSI stock traded up $0.39 during midday trading on Wednesday, hitting $20.38. The company had a trading volume of 1,244,050 shares, compared to its average volume of 2,282,363. The stock has a market cap of $4.74 billion, a price-to-earnings ratio of 72.79 and a beta of 1.54. The company’s 50 day simple moving average is $18.41 and its 200 day simple moving average is $19.05. Rush Street Interactive, Inc. has a 52-week low of $9.54 and a 52-week high of $22.65.

Rush Street Interactive (NYSE:RSI) last released its quarterly 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). Rush Street Interactive had a return on equity of 17.95% and a net margin of 2.94%.The company had revenue of $324.89 million for the quarter, compared to analysts’ expectations of $305.08 million. During the same quarter last year, the company earned $0.07 EPS. Rush Street Interactive’s revenue for the quarter was up 27.8% compared to the same quarter last year. Analysts anticipate that Rush Street Interactive, Inc. will post 0.04 EPS for the current year.

Institutional Investors Weigh In On Rush Street Interactive

Institutional investors and hedge funds have recently modified their holdings of the company. Concord Wealth Partners purchased a new position in Rush Street Interactive in the 3rd quarter valued at approximately $41,000. Kemnay Advisory Services Inc. acquired a new stake in Rush Street Interactive in the fourth quarter valued at $47,000. Empowered Funds LLC acquired a new stake in Rush Street Interactive in the fourth quarter valued at $55,000. Osaic Holdings Inc. increased its position in shares of Rush Street Interactive by 62.2% in the second quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock valued at $73,000 after buying an additional 1,868 shares in the last quarter. Finally, Lazard Asset Management LLC acquired a new position in shares of Rush Street Interactive during the 2nd quarter worth $90,000. Institutional investors and hedge funds own 24.78% of the company’s stock.

Analyst Ratings Changes

RSI has been the topic of several analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $29.00 target price on shares of Rush Street Interactive in a report on Sunday, January 25th. Oppenheimer lifted their price objective on Rush Street Interactive from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. Wall Street Zen downgraded Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 21st. Citigroup raised Rush Street Interactive to an “outperform” rating in a report on Wednesday, February 18th. Finally, Susquehanna set a $22.00 price target on Rush Street Interactive in a research note on Wednesday, January 21st. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Rush Street Interactive has a consensus rating of “Moderate Buy” and an average price target of $22.88.

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.