Rush Street Interactive (NYSE:RSI) COO Mattias Stetz Sells 20,000 Shares of Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $28.03, for a total value of $560,600.00. Following the transaction, the chief operating officer directly owned 177,874 shares of the company’s stock, valued at $4,985,808.22. The trade was a 10.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, July 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $31.22, for a total value of $624,400.00.
• On Monday, June 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $25.63, for a total value of $512,600.00.

Rush Street Interactive Stock Down 8.4%

Shares of RSI traded down $2.38 during trading hours on Wednesday, reaching $26.01. 4,530,348 shares of the company traded hands, compared to its average volume of 2,343,023. The stock has a market capitalization of $6.05 billion, a PE ratio of 89.68 and a beta of 1.59. The stock has a fifty day simple moving average of $29.93 and a 200 day simple moving average of $24.50. Rush Street Interactive, Inc. has a fifty-two week low of $15.51 and a fifty-two week high of $34.53.

Rush Street Interactive (NYSE:RSI) last announced its earnings results on Wednesday, July 29th. The company reported $0.15 earnings per share for the quarter, meeting the consensus estimate of $0.15. The firm had revenue of $393.78 million during the quarter, compared to the consensus estimate of $367.75 million. Rush Street Interactive had a net margin of 2.33% and a return on equity of 18.88%. The firm’s revenue for the quarter was up 46.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.11 EPS. Research analysts predict that Rush Street Interactive, Inc. will post 0.5 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on RSI shares. Weiss Ratings raised shares of Rush Street Interactive from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Wells Fargo & Company raised their target price on shares of Rush Street Interactive from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Oppenheimer lifted their target price on shares of Rush Street Interactive from $30.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Benchmark boosted their price target on Rush Street Interactive from $30.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Finally, Citizens Jmp increased their price target on Rush Street Interactive from $33.00 to $34.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $35.22.

Institutional Investors Weigh In On Rush Street Interactive

Several hedge funds have recently modified their holdings of the stock. Kemnay Advisory Services Inc. purchased a new stake in Rush Street Interactive in the fourth quarter valued at approximately $47,000. CoreCap Advisors LLC purchased a new position in Rush Street Interactive during the second quarter worth approximately $54,000. Empowered Funds LLC purchased a new position in Rush Street Interactive during the fourth quarter worth approximately $55,000. Osaic Holdings Inc. raised its stake 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 purchasing an additional 1,868 shares during the period. Finally, Lazard Asset Management LLC acquired a new position in shares of Rush Street Interactive in the 2nd quarter valued at $90,000. 24.78% of the stock is owned by institutional investors and hedge funds.

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.