Jefferies Financial Group Inc. Makes New $2.05 Million Investment in Rush Street Interactive, Inc. $RSI

Jefferies Financial Group Inc. acquired a new position in Rush Street Interactive, Inc. (NYSE:RSI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 105,676 shares of the company’s stock, valued at approximately $2,053,000.

A number of other hedge funds have also recently added to or reduced their stakes in RSI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Rush Street Interactive by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,163 shares of the company’s stock worth $484,000 after purchasing an additional 1,893 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Rush Street Interactive by 18.8% in the first quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company’s stock worth $7,394,000 after purchasing an additional 109,366 shares during the period. Prudential Financial Inc. acquired a new position in Rush Street Interactive in the second quarter worth $166,000. Invesco Ltd. boosted its holdings in Rush Street Interactive by 377.1% in the second quarter. Invesco Ltd. now owns 272,693 shares of the company’s stock worth $4,063,000 after purchasing an additional 215,538 shares during the period. Finally, First Trust Advisors LP acquired a new position in Rush Street Interactive in the second quarter worth $3,766,000. Institutional investors and hedge funds own 24.78% of the company’s stock.

Rush Street Interactive Stock Up 4.0%

RSI stock opened at $27.19 on Thursday. The company has a market capitalization of $6.33 billion, a P/E ratio of 87.69 and a beta of 1.65. The company has a 50-day simple moving average of $24.21 and a 200 day simple moving average of $20.57. Rush Street Interactive, Inc. has a fifty-two week low of $11.76 and a fifty-two week high of $29.24.

Rush Street Interactive (NYSE:RSI) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.02. The business had revenue of $370.36 million during the quarter, compared to the consensus estimate of $330.83 million. Rush Street Interactive had a net margin of 2.98% and a return on equity of 17.21%. The company’s quarterly revenue was up 41.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.09 earnings per share. Equities analysts anticipate that Rush Street Interactive, Inc. will post 0.47 EPS for the current year.

Insider Activity at Rush Street Interactive

In other Rush Street Interactive news, CEO Richard Todd Schwartz sold 106,500 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $24.96, for a total value of $2,658,240.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Chairman Neil Bluhm sold 1,371,150 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $24.96, for a total transaction of $34,223,904.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 3,365,020 shares of company stock worth $82,047,010. 52.89% of the stock is owned by company insiders.

Analysts Set New Price Targets

RSI has been the subject of a number of research reports. Citigroup reaffirmed an “outperform” rating on shares of Rush Street Interactive in a report on Wednesday, May 20th. Susquehanna boosted their price target on shares of Rush Street Interactive from $25.00 to $29.00 and gave the company a “positive” rating in a report on Wednesday, April 29th. Wells Fargo & Company boosted their price target on shares of Rush Street Interactive from $26.00 to $29.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Freedom Capital raised shares of Rush Street Interactive to a “strong-buy” rating in a report on Wednesday, March 11th. Finally, Citizens Jmp boosted their price target on shares of Rush Street Interactive from $27.00 to $30.00 and gave the company a “market outperform” rating in a report on Wednesday, May 20th. One investment 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 company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $29.25.

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.