Rush Street Interactive (NYSE:RSI) COO Sells $440,400.00 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of the firm’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $22.02, for a total value of $440,400.00. Following the completion of the transaction, the chief operating officer owned 125,448 shares in the company, valued at $2,762,364.96. The trade was a 13.75% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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 shares were 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 stock was 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 stock was sold at an average price of $20.07, for a total value of $170,454.51.
• On Monday, March 2nd, Mattias Stetz sold 28,383 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.01, for a total value of $567,943.83.
• On Monday, March 2nd, Mattias Stetz sold 28,109 shares of Rush Street Interactive stock. The shares were 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 transaction of $353,400.00.
• On Friday, January 2nd, Mattias Stetz sold 90,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.09, for a total transaction of $1,718,100.00.
• On Friday, January 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.09, for a total transaction of $381,800.00.

Rush Street Interactive Stock Down 1.0%

Shares of Rush Street Interactive stock traded down $0.22 during mid-day trading on Wednesday, hitting $21.94. The stock had a trading volume of 1,597,450 shares, compared to its average volume of 2,121,592. The firm has a 50-day moving average of $18.88 and a two-hundred day moving average of $19.02. Rush Street Interactive, Inc. has a 12-month low of $9.66 and a 12-month high of $22.65. The firm has a market cap of $5.10 billion, a P/E ratio of 78.37 and a beta of 1.54.

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). The firm had revenue of $324.89 million for the quarter, compared to analysts’ expectations of $305.08 million. Rush Street Interactive had a net margin of 2.94% and a return on equity of 17.95%. The firm’s quarterly revenue was up 27.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.07 EPS. Sell-side analysts expect that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current year.

Institutional Trading of Rush Street Interactive

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

Wall Street Analysts Forecast Growth

RSI has been the topic of several research analyst reports. Oppenheimer boosted their price objective on shares of Rush Street Interactive from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. Citizens Jmp raised shares of Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 target price for the company in a research note on Wednesday, February 18th. Citigroup upgraded shares of Rush Street Interactive to an “outperform” rating in a research report on Wednesday, February 18th. Weiss Ratings restated a “hold (c-)” rating on shares of Rush Street Interactive in a report on Monday, December 29th. Finally, Susquehanna set a $22.00 price objective on shares of Rush Street Interactive in a research report on Wednesday, January 21st. One investment 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 stock. Based on data from MarketBeat, Rush Street Interactive presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.88.

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.