Rush Street Interactive (NYSE:RSI) CEO Richard Todd Schwartz Sells 247,114 Shares

Rush Street Interactive, Inc. (NYSE:RSI) CEO Richard Todd Schwartz sold 247,114 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $17.61, for a total value of $4,351,677.54. Following the completion of the sale, the chief executive officer owned 949,048 shares in the company, valued at approximately $16,712,735.28. This trade represents a 20.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Richard Todd Schwartz also recently made the following trade(s):

• On Friday, January 9th, Richard Todd Schwartz sold 111,112 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.22, for a total transaction of $2,135,572.64.
• On Friday, January 9th, Richard Todd Schwartz sold 47,223 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.22, for a total transaction of $907,626.06.
• On Tuesday, December 9th, Richard Todd Schwartz sold 59,757 shares of Rush Street Interactive stock. The stock was sold at an average price of $18.82, for a total transaction of $1,124,626.74.
• On Monday, December 8th, Richard Todd Schwartz sold 134,148 shares of Rush Street Interactive stock. The shares were sold at an average price of $18.37, for a total transaction of $2,464,298.76.
• On Tuesday, November 11th, Richard Todd Schwartz sold 72,446 shares of Rush Street Interactive stock. The stock was sold at an average price of $17.41, for a total value of $1,261,284.86.
• On Monday, November 10th, Richard Todd Schwartz sold 121,459 shares of Rush Street Interactive stock. The shares were sold at an average price of $17.52, for a total value of $2,127,961.68.

Rush Street Interactive Stock Up 2.1%

Shares of RSI traded up $0.36 during midday trading on Wednesday, reaching $17.48. 3,026,389 shares of the stock were exchanged, compared to its average volume of 2,049,560. The stock’s 50 day simple moving average is $18.77 and its 200 day simple moving average is $19.00. The company has a market cap of $4.01 billion, a P/E ratio of 69.92 and a beta of 1.54. Rush Street Interactive, Inc. has a twelve month low of $9.54 and a twelve month high of $22.65.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Rush Street Interactive in a research note on Monday, December 29th. Needham & Company LLC lifted their target price on Rush Street Interactive from $21.00 to $23.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Zacks Research lowered shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report 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. Finally, Craig Hallum reaffirmed 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $21.38.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in RSI. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Rush Street Interactive during the 3rd quarter valued at about $4,232,000. Allspring Global Investments Holdings LLC acquired a new stake in Rush Street Interactive in the second quarter valued at approximately $361,000. Arrowstreet Capital Limited Partnership increased its stake in Rush Street Interactive by 38.1% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,443,545 shares of the company’s stock valued at $21,509,000 after purchasing an additional 398,089 shares in the last quarter. Emerald Advisers LLC raised its holdings in Rush Street Interactive by 12.6% during the third quarter. Emerald Advisers LLC now owns 1,341,739 shares of the company’s stock worth $27,479,000 after buying an additional 149,918 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust lifted its stake in shares of Rush Street Interactive by 11.0% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 825,244 shares of the company’s stock valued at $16,901,000 after buying an additional 82,055 shares in the last quarter. Institutional investors own 24.78% of the company’s stock.

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.