Insider Selling: Rush Street Interactive (NYSE:RSI) CFO Sells $3,052,477.69 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) CFO Kyle Sauers sold 160,067 shares of the company’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $19.07, for a total transaction of $3,052,477.69. Following the completion of the transaction, the chief financial officer owned 663,306 shares in the company, valued at approximately $12,649,245.42. This represents a 19.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Rush Street Interactive Price Performance

NYSE RSI traded up $0.65 during mid-day trading on Thursday, reaching $19.17. The stock had a trading volume of 1,507,502 shares, compared to its average volume of 1,381,340. The stock has a market cap of $4.40 billion, a PE ratio of 76.68 and a beta of 1.57. Rush Street Interactive, Inc. has a 1 year low of $9.54 and a 1 year high of $22.65. The company has a fifty day moving average price of $18.36 and a 200 day moving average price of $18.50.

Rush Street Interactive (NYSE:RSI) last issued its earnings results on Wednesday, October 29th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.07 by $0.02. The business had revenue of $277.91 million for the quarter, compared to the consensus estimate of $264.60 million. Rush Street Interactive had a return on equity of 17.11% and a net margin of 2.83%.The company’s revenue was up 19.7% compared to the same quarter last year. During the same period last year, the business posted $0.05 EPS. As a group, equities research analysts expect that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current year.

Institutional Trading of Rush Street Interactive

Hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC raised its stake in shares of Rush Street Interactive by 29.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,164 shares of the company’s stock worth $489,000 after buying an additional 5,742 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Rush Street Interactive by 57.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 213,943 shares of the company’s stock valued at $4,382,000 after acquiring an additional 77,698 shares during the period. Tudor Investment Corp ET AL grew its stake in shares of Rush Street Interactive by 72.7% during the 3rd quarter. Tudor Investment Corp ET AL now owns 1,000,911 shares of the company’s stock valued at $20,499,000 after acquiring an additional 421,234 shares during the period. Cambria Investment Management L.P. increased its holdings in Rush Street Interactive by 25.0% in the 3rd quarter. Cambria Investment Management L.P. now owns 49,419 shares of the company’s stock worth $1,012,000 after acquiring an additional 9,882 shares in the last quarter. Finally, Danske Bank A S bought a new stake in Rush Street Interactive during the 3rd quarter worth approximately $1,267,000. Institutional investors own 24.78% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on RSI shares. Weiss Ratings restated a “hold (c-)” rating on shares of Rush Street Interactive in a research note on Monday, December 29th. Wall Street Zen upgraded shares of Rush Street Interactive from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 7th. Susquehanna raised their target price on shares of Rush Street Interactive from $22.00 to $23.00 and gave the stock a “positive” rating in a report on Tuesday, December 16th. Jefferies Financial Group lifted their target price on shares of Rush Street Interactive from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Finally, Craig Hallum reissued a “buy” rating on shares of Rush Street Interactive in a report on Tuesday, December 9th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Rush Street Interactive has an average rating of “Moderate Buy” and a consensus price target of $21.25.

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.