Daniel Yih Sells 50,000 Shares of Rush Street Interactive (NYSE:RSI) Stock

Rush Street Interactive, Inc. (NYSE:RSI) Director Daniel Yih sold 50,000 shares of Rush Street Interactive stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $20.14, for a total transaction of $1,007,000.00. Following the completion of the transaction, the director directly owned 131,678 shares in the company, valued at $2,651,994.92. This trade represents a 27.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Rush Street Interactive Price Performance

Shares of RSI opened at $20.84 on Friday. The firm has a 50 day simple moving average of $18.60 and a two-hundred day simple moving average of $19.10. Rush Street Interactive, Inc. has a one year low of $9.63 and a one year high of $22.65. The company has a market cap of $4.84 billion, a P/E ratio of 74.43 and a beta of 1.54.

Rush Street Interactive (NYSE:RSI) last issued its earnings results on Tuesday, February 17th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). Rush Street Interactive had a net margin of 2.94% and a return on equity of 17.95%. The business had revenue of $324.89 million during the quarter, compared to analyst estimates of $305.08 million. During the same period in the prior year, the business posted $0.07 EPS. The company’s revenue for the quarter was up 27.8% compared to the same quarter last year. On average, analysts expect that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on RSI. Weiss Ratings reiterated a “hold (c-)” rating on shares of Rush Street Interactive in a research report on Monday, December 29th. Oppenheimer raised their price target on shares of Rush Street Interactive from $24.00 to $25.00 and gave the company an “outperform” rating in a research note on Wednesday, February 18th. Citigroup raised shares of Rush Street Interactive to an “outperform” rating in a report on Wednesday, February 18th. Craig Hallum reiterated a “buy” rating on shares of Rush Street Interactive in a research report on Tuesday, December 9th. Finally, Citizens Jmp raised shares of Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 price objective for the company in a research note on Wednesday, February 18th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $22.88.

Institutional Trading of Rush Street Interactive

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Rush Street Interactive by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 9,050,062 shares of the company’s stock worth $175,843,000 after purchasing an additional 227,783 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of 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 purchasing an additional 80,471 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Rush Street Interactive by 763.6% during the third quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company’s stock worth $57,815,000 after buying an additional 2,496,109 shares during the period. William Blair Investment Management LLC increased its position in shares of Rush Street Interactive by 17.3% during the fourth 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. Finally, Fuller & Thaler Asset Management Inc. raised its stake in Rush Street Interactive by 8.3% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,517,402 shares of the company’s stock worth $48,913,000 after buying an additional 193,110 shares during the last quarter. 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.