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 business’s stock in a transaction dated Thursday, January 8th. The shares were 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 $12,649,245.42. The trade was a 19.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Rush Street Interactive Stock Up 3.5%

Shares of Rush Street Interactive stock traded up $0.65 during trading on Thursday, reaching $19.17. 1,507,502 shares of the stock were exchanged, compared to its average volume of 1,381,340. The firm has a market cap of $4.40 billion, a price-to-earnings 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 stock’s fifty day moving average is $18.36 and its 200 day moving average is $18.50.

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

Institutional Trading of Rush Street Interactive

A number of hedge funds have recently made changes to their positions in RSI. Man Group plc raised its stake in Rush Street Interactive by 0.7% during the second quarter. Man Group plc now owns 89,535 shares of the company’s stock valued at $1,334,000 after buying an additional 654 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Rush Street Interactive by 4.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 19,422 shares of the company’s stock valued at $398,000 after acquiring an additional 752 shares in the last quarter. New York State Teachers Retirement System raised its position in shares of Rush Street Interactive by 15.6% in the 3rd quarter. New York State Teachers Retirement System now owns 8,022 shares of the company’s stock worth $164,000 after purchasing an additional 1,084 shares during the last quarter. Cerity Partners LLC boosted its stake in Rush Street Interactive by 5.3% in the 2nd quarter. Cerity Partners LLC now owns 23,067 shares of the company’s stock worth $344,000 after purchasing an additional 1,167 shares in the last quarter. Finally, Teacher Retirement System of Texas boosted its stake in Rush Street Interactive by 11.1% in the 2nd quarter. Teacher Retirement System of Texas now owns 13,615 shares of the company’s stock worth $203,000 after purchasing an additional 1,358 shares in the last quarter. 24.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on RSI. JPMorgan Chase & Co. upped their price objective on shares of Rush Street Interactive from $16.00 to $18.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Susquehanna boosted their price target on shares of Rush Street Interactive from $22.00 to $23.00 and gave the company a “positive” rating in a research report on Tuesday, December 16th. Oppenheimer restated an “outperform” rating and issued a $24.00 price objective on shares of Rush Street Interactive in a report on Thursday, October 30th. Jefferies Financial Group lifted their price objective on Rush Street Interactive from $26.00 to $27.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, Zacks Research downgraded Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Rush Street Interactive presently has a consensus rating of “Moderate Buy” and a consensus target price 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.