Rush Street Interactive (NYSE:RSI) CFO Sells $520,260.00 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) CFO Kyle Sauers sold 23,000 shares of Rush Street Interactive stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $22.62, for a total value of $520,260.00. Following the sale, the chief financial officer directly owned 677,258 shares in the company, valued at approximately $15,319,575.96. This trade represents a 3.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kyle Sauers also recently made the following trade(s):

• On Tuesday, March 3rd, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.46, for a total value of $447,580.00.
• On Thursday, January 8th, Kyle Sauers sold 160,067 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.07, for a total value of $3,052,477.69.

Rush Street Interactive Stock Performance

NYSE RSI traded up $0.13 during trading on Wednesday, reaching $22.19. 1,218,928 shares of the company traded hands, compared to its average volume of 2,045,802. The stock’s 50 day moving average price is $19.57 and its two-hundred day moving average price is $19.06. The company has a market cap of $5.16 billion, a price-to-earnings ratio of 79.24 and a beta of 1.45. Rush Street Interactive, Inc. has a 1-year low of $10.54 and a 1-year high of $23.15.

Rush Street Interactive (NYSE:RSI) last released its quarterly earnings data 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). The company had revenue of $324.89 million for the quarter, compared to analyst estimates 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 revenue for the quarter was up 27.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.07 earnings per share. Equities research analysts expect that Rush Street Interactive, Inc. will post 0.04 EPS for the current fiscal year.

Institutional Investors Weigh In On Rush Street Interactive

A number of large investors have recently added to or reduced their stakes in the company. Man Group plc increased its position in shares of Rush Street Interactive by 0.7% in the second quarter. Man Group plc now owns 89,535 shares of the company’s stock valued at $1,334,000 after acquiring an additional 654 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in Rush Street Interactive by 4.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 19,422 shares of the company’s stock valued at $398,000 after acquiring an additional 752 shares in the last quarter. Cerity Partners LLC boosted its stake in Rush Street Interactive by 4.6% during the 4th quarter. Cerity Partners LLC now owns 23,675 shares of the company’s stock valued at $460,000 after purchasing an additional 1,042 shares during the last quarter. New York State Teachers Retirement System increased its holdings in shares of Rush Street Interactive by 15.6% in the 3rd quarter. New York State Teachers Retirement System now owns 8,022 shares of the company’s stock worth $164,000 after purchasing an additional 1,084 shares in the last quarter. Finally, Diversified Trust Co increased its holdings in shares of Rush Street Interactive by 5.8% in the 3rd quarter. Diversified Trust Co now owns 27,049 shares of the company’s stock worth $554,000 after purchasing an additional 1,474 shares in the last quarter. Hedge funds and other institutional investors own 24.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Oppenheimer boosted their target price on shares of Rush Street Interactive from $24.00 to $25.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Wall Street Zen downgraded shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 21st. Citigroup upgraded shares of Rush Street Interactive to an “outperform” rating in a report on Wednesday, February 18th. Citizens Jmp upped their price target on shares of Rush Street Interactive from $24.00 to $25.00 and gave the stock a “market outperform” rating in a report on Wednesday. Finally, Zacks Research downgraded shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $23.33.

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.