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

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of Rush Street Interactive stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $31.22, for a total transaction of $624,400.00. Following the sale, the chief operating officer owned 197,874 shares in the company, valued at $6,177,626.28. This represents a 9.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 Monday, June 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $25.63, for a total transaction of $512,600.00.
• On Wednesday, May 6th, Mattias Stetz sold 11,175 shares of Rush Street Interactive stock. The stock was sold at an average price of $24.96, for a total transaction of $278,928.00.
• On Tuesday, May 5th, Mattias Stetz sold 74,500 shares of Rush Street Interactive stock. The shares were sold at an average price of $24.96, for a total transaction of $1,859,520.00.
• On Friday, May 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $28.09, for a total transaction of $561,800.00.
• On Wednesday, April 29th, Mattias Stetz sold 50,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $27.44, for a total transaction of $1,372,000.00.
• On Monday, April 27th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $24.06, for a total transaction of $481,200.00.

Rush Street Interactive Stock Up 1.2%

Shares of RSI opened at $31.64 on Friday. The stock has a market cap of $7.36 billion, a price-to-earnings ratio of 102.07 and a beta of 1.55. Rush Street Interactive, Inc. has a 12 month low of $14.38 and a 12 month high of $31.85. The company has a 50-day moving average price of $27.70 and a two-hundred day moving average price of $22.51.

Rush Street Interactive (NYSE:RSI) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. Rush Street Interactive had a return on equity of 17.21% and a net margin of 2.98%.The company had revenue of $370.36 million for the quarter, compared to the consensus estimate of $330.82 million. During the same period in the previous year, the business earned $0.09 earnings per share. The company’s quarterly revenue was up 41.1% on a year-over-year basis. Equities research analysts expect that Rush Street Interactive, Inc. will post 0.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Rush Street Interactive

A number of large investors have recently bought and sold shares of RSI. Prospect Capital Advisors LLC increased its holdings in Rush Street Interactive by 9.1% during the 1st quarter. Prospect Capital Advisors LLC now owns 482,500 shares of the company’s stock valued at $10,494,000 after purchasing an additional 40,050 shares in the last quarter. Bank of America Corp DE boosted its stake in Rush Street Interactive by 81.8% in the first quarter. Bank of America Corp DE now owns 852,653 shares of the company’s stock worth $18,545,000 after purchasing an additional 383,745 shares in the last quarter. Cim LLC bought a new stake in shares of Rush Street Interactive during the first quarter worth $496,000. California State Teachers Retirement System grew its holdings in shares of Rush Street Interactive by 40.0% during the first quarter. California State Teachers Retirement System now owns 129,277 shares of the company’s stock worth $2,812,000 after purchasing an additional 36,943 shares during the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in shares of Rush Street Interactive in the first quarter valued at $1,769,000. 24.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on RSI shares. JPMorgan Chase & Co. upped their price target on Rush Street Interactive from $20.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday, April 16th. Citizens Jmp lifted their price objective on Rush Street Interactive from $27.00 to $30.00 and gave the company a “market outperform” rating in a report on Wednesday, May 20th. Needham & Company LLC boosted their target price on shares of Rush Street Interactive from $25.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Citigroup reaffirmed an “outperform” rating on shares of Rush Street Interactive in a report on Wednesday, May 20th. Finally, Wells Fargo & Company increased their target price on shares of Rush Street Interactive from $26.00 to $29.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.