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

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $28.03, for a total transaction of $560,600.00. Following the sale, the chief operating officer directly owned 177,874 shares of the company’s stock, valued at $4,985,808.22. This represents a 10.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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 stock was sold at an average price of $31.22, for a total transaction 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 transaction of $512,600.00.

Rush Street Interactive Price Performance

Rush Street Interactive stock opened at $25.11 on Friday. The stock has a market cap of $5.84 billion, a price-to-earnings ratio of 86.60 and a beta of 1.59. Rush Street Interactive, Inc. has a 1 year low of $15.51 and a 1 year high of $34.53. The firm has a 50-day moving average of $29.89 and a two-hundred day moving average of $24.58.

Rush Street Interactive (NYSE:RSI) last issued its earnings results on Wednesday, July 29th. The company reported $0.15 EPS for the quarter, hitting analysts’ consensus estimates of $0.15. The business had revenue of $393.78 million for 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 company’s revenue for the quarter was up 46.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.11 EPS. Research analysts expect that Rush Street Interactive, Inc. will post 0.49 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. New York State Teachers Retirement System lifted its stake in Rush Street Interactive by 5.2% during the 1st quarter. New York State Teachers Retirement System now owns 8,441 shares of the company’s stock valued at $184,000 after acquiring an additional 419 shares during the period. Man Group plc increased its stake 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 worth $1,334,000 after acquiring an additional 654 shares during the period. Cerity Partners LLC increased its stake in shares of Rush Street Interactive by 4.6% in the fourth quarter. Cerity Partners LLC now owns 23,675 shares of the company’s stock worth $460,000 after acquiring an additional 1,042 shares during the period. Global Retirement Partners LLC purchased a new position in shares of Rush Street Interactive during the second quarter worth $35,000. Finally, ProShare Advisors LLC raised its holdings in shares of Rush Street Interactive by 10.3% during the fourth quarter. ProShare Advisors LLC now owns 16,740 shares of the company’s stock worth $325,000 after purchasing an additional 1,561 shares during the last quarter. Institutional investors own 24.78% of the company’s stock.

Rush Street Interactive News Summary

Here are the key news stories impacting Rush Street Interactive this week:

• Positive Sentiment: New exclusive BetRivers content: AGS launched its Bonus Spin Xtreme progressive table-game platform and linked titles online exclusively through RSI’s BetRivers brand. The deal expands RSI’s real-money casino offering and could support customer engagement and gaming revenue. AGS Launches Bonus Spin Xtreme on BetRivers
• Positive Sentiment: Strong operating momentum: RSI’s latest quarterly revenue increased 46.3% year over year to $393.78 million, exceeding analysts’ $367.75 million estimate. Earnings per share of $0.15 matched expectations, compared with $0.11 a year earlier.
• Positive Sentiment: Analyst backing remains favorable: Needham raised its price target to $36, Benchmark increased its target to $35, and Weiss Ratings upgraded the stock to “buy.” RSI has a consensus “Moderate Buy” rating and an average target of $35.22, above recent trading levels.
• Neutral Sentiment: Institutional ownership changes were mixed but generally constructive: Several funds increased their positions, including ProShare Advisors, Cerity Partners and the New York State Teachers Retirement System. Institutional investors and hedge funds own approximately 24.78% of RSI.
• Negative Sentiment: Multiple executives sold shares: CEO Richard Todd Schwartz sold a combined 158,334 shares worth about $4.44 million, CFO Kyle Sauers sold 23,000 shares worth approximately $613,000, and COO Mattias Stetz sold 20,000 shares worth about $561,000. The transactions reduced their individual holdings by roughly 3.5% to 20.9% and could raise concerns about insider conviction.
• Negative Sentiment: Sales were made under pre-arranged Rule 10b5-1 plans, which reduces their value as a real-time signal of management’s outlook but does not eliminate the potential for short-term selling pressure. RSI also trades below its 50-day moving average and at a high valuation, with a reported P/E ratio above 85.

Analyst Ratings Changes

A number of brokerages have weighed in on RSI. Jefferies Financial Group reaffirmed a “buy” rating and set a $39.00 target price on shares of Rush Street Interactive in a research report on Thursday, July 30th. Benchmark raised their price target on Rush Street Interactive from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings upgraded Rush Street Interactive from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Wall Street Zen lowered shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Susquehanna increased their target price on shares of Rush Street Interactive from $30.00 to $36.00 and gave the stock a “positive” rating in a report on Wednesday, July 29th. 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $35.22.

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.