Rush Street Interactive, Inc. $RSI Shares Purchased by State of Wyoming

State of Wyoming lifted its holdings in Rush Street Interactive, Inc. (NYSE:RSI) by 450.1% in the fourth quarter, HoldingsChannel reports. The firm owned 27,669 shares of the company’s stock after buying an additional 22,639 shares during the quarter. State of Wyoming’s holdings in Rush Street Interactive were worth $538,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in Rush Street Interactive by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 8,822,279 shares of the company’s stock worth $180,680,000 after acquiring an additional 107,671 shares during the period. UBS Group AG grew its stake in 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 acquiring an additional 40,232 shares during the period. Precision Wealth Strategies LLC purchased a new stake in Rush Street Interactive in the 4th quarter worth approximately $1,680,000. JPMorgan Chase & Co. grew its stake in Rush Street Interactive by 57.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 213,943 shares of the company’s stock worth $4,382,000 after acquiring an additional 77,698 shares during the period. Finally, Jefferies Financial Group Inc. purchased a new stake in Rush Street Interactive in the 4th quarter worth approximately $2,053,000. Institutional investors and hedge funds own 24.78% of the company’s stock.

Rush Street Interactive Trading Up 0.0%

NYSE:RSI opened at $26.24 on Friday. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of 84.63 and a beta of 1.58. The firm’s fifty day simple moving average is $24.85 and its 200 day simple moving average is $20.96. Rush Street Interactive, Inc. has a twelve month low of $12.91 and a twelve month high of $29.24.

Rush Street Interactive (NYSE:RSI) last posted its earnings results on Tuesday, April 28th. The company reported $0.14 earnings per share for the quarter, beating 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 business had revenue of $370.36 million for the quarter, compared to analyst estimates of $330.83 million. During the same quarter in the previous year, the business posted $0.09 EPS. The business’s quarterly revenue was up 41.1% on a year-over-year basis. On average, analysts predict that Rush Street Interactive, Inc. will post 0.47 earnings per share for the current year.

Insider Activity

In other Rush Street Interactive news, CEO Richard Todd Schwartz sold 710,000 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $24.96, for a total value of $17,721,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Mattias Stetz sold 74,500 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $24.96, for a total value of $1,859,520.00. Following the completion of the transaction, the chief operating officer owned 237,874 shares in the company, valued at approximately $5,937,335.04. This trade represents a 23.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 3,186,241 shares of company stock valued at $79,644,133. Corporate insiders own 52.89% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on RSI shares. Wall Street Zen cut shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Jefferies Financial Group lifted their target price on shares of Rush Street Interactive from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Susquehanna lifted their target price on shares of Rush Street Interactive from $25.00 to $29.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th. Freedom Capital raised shares of Rush Street Interactive to a “strong-buy” rating in a research note on Wednesday, March 11th. Finally, Wells Fargo & Company lifted their target price on shares of Rush Street Interactive from $26.00 to $29.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $29.25.

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.