Cooper Creek Partners Management LLC Acquires New Position in Rush Street Interactive, Inc. $RSI

Cooper Creek Partners Management LLC acquired a new stake in Rush Street Interactive, Inc. (NYSE:RSI) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,143,643 shares of the company’s stock, valued at approximately $24,874,000.

A number of other institutional investors have also bought and sold shares of RSI. Kemnay Advisory Services Inc. acquired a new position in shares of Rush Street Interactive during the 4th quarter worth approximately $47,000. Empowered Funds LLC acquired a new stake in shares of Rush Street Interactive in the fourth quarter valued at approximately $55,000. Osaic Holdings Inc. lifted its position in Rush Street Interactive by 62.2% during the second 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. Lazard Asset Management LLC acquired a new position in Rush Street Interactive during the second quarter worth $90,000. Finally, US Bancorp DE acquired a new position in Rush Street Interactive during the third quarter worth $115,000. 24.78% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wells Fargo & Company upped their target price on Rush Street Interactive from $29.00 to $35.00 and gave the company an “overweight” rating in a report on Monday, July 20th. Citigroup reissued an “outperform” rating on shares of Rush Street Interactive in a research report on Wednesday, July 8th. Wall Street Zen lowered shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. JPMorgan Chase & Co. lifted their target price on shares of Rush Street Interactive from $26.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 15th. Finally, 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. One equities research 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 data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $33.11.

Rush Street Interactive Price Performance

Shares of Rush Street Interactive stock opened at $31.41 on Friday. The business has a 50-day moving average of $29.68 and a 200 day moving average of $23.97. Rush Street Interactive, Inc. has a 12 month low of $14.70 and a 12 month high of $34.53. The stock has a market capitalization of $7.31 billion, a price-to-earnings ratio of 101.33 and a beta of 1.56.

Rush Street Interactive (NYSE:RSI) last released 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. The company had revenue of $370.36 million during the quarter, compared to the consensus estimate of $330.82 million. Rush Street Interactive had a return on equity of 17.21% and a net margin of 2.98%.Rush Street Interactive’s revenue was up 41.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.09 EPS. Equities research analysts anticipate that Rush Street Interactive, Inc. will post 0.5 earnings per share for the current year.

Insider Buying and Selling at Rush Street Interactive

In other Rush Street Interactive news, Director Judith Gold sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $27.58, for a total value of $1,379,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Richard Todd Schwartz sold 710,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $24.96, for a total transaction of $17,721,600.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 3,052,328 shares of company stock worth $78,623,173. 52.89% of the stock is currently owned by company insiders.

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.