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 the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $17.67, for a total transaction of $353,400.00. Following the sale, the chief operating officer owned 289,624 shares in the company, valued at $5,117,656.08. This represents a 6.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Mattias Stetz also recently made the following trade(s):

• On Friday, January 2nd, Mattias Stetz sold 90,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.09, for a total transaction of $1,718,100.00.
• On Friday, January 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.09, for a total transaction of $381,800.00.
• On Monday, December 1st, Mattias Stetz sold 30,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $18.51, for a total transaction of $555,300.00.

Rush Street Interactive Stock Up 2.1%

RSI opened at $17.48 on Thursday. The firm has a market capitalization of $4.01 billion, a P/E ratio of 69.92 and a beta of 1.54. The stock has a fifty day moving average of $18.76 and a 200-day moving average of $18.98. Rush Street Interactive, Inc. has a 12-month low of $9.54 and a 12-month high of $22.65.

Institutional Investors Weigh In On Rush Street Interactive

Several institutional investors and hedge funds have recently modified their holdings of RSI. Concord Wealth Partners acquired a new position in Rush Street Interactive during the third quarter worth $41,000. Farther Finance Advisors LLC bought a new stake in shares of Rush Street Interactive during the 2nd quarter worth about $42,000. Osaic Holdings Inc. boosted its stake in shares of Rush Street Interactive by 62.2% during the 2nd quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock worth $73,000 after acquiring an additional 1,868 shares in the last quarter. Lazard Asset Management LLC acquired a new position in shares of Rush Street Interactive during the 2nd quarter valued at about $90,000. Finally, Pacer Advisors Inc. raised its stake in shares of Rush Street Interactive by 57.2% in the 3rd quarter. Pacer Advisors Inc. now owns 5,027 shares of the company’s stock valued at $103,000 after acquiring an additional 1,830 shares in the last quarter. Institutional investors and hedge funds own 24.78% of the company’s stock.

Wall Street Analyst Weigh In

RSI has been the topic of a number of research reports. Zacks Research downgraded Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Benchmark reiterated a “buy” rating on shares of Rush Street Interactive in a research report on Wednesday, January 14th. Oppenheimer reissued an “outperform” rating and set a $24.00 target price on shares of Rush Street Interactive in a research note on Thursday, October 30th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $29.00 price target on shares of Rush Street Interactive in a research note on Sunday, January 25th. Finally, Susquehanna set a $22.00 price objective on Rush Street Interactive in a report on Wednesday, January 21st. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.38.

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.