Insider Selling: Rush Street Interactive (NYSE:RSI) COO Sells $441,400.00 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $22.07, for a total transaction of $441,400.00. Following the completion of the transaction, the chief operating officer directly owned 237,874 shares in the company, valued at $5,249,879.18. The trade was a 7.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 Tuesday, March 24th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $22.02, for a total transaction of $440,400.00.
• On Wednesday, March 4th, Mattias Stetz sold 11,892 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.22, for a total transaction of $240,456.24.
• On Wednesday, March 4th, Mattias Stetz sold 3,398 shares of Rush Street Interactive stock. The shares were sold at an average price of $20.22, for a total transaction of $68,707.56.
• On Tuesday, March 3rd, Mattias Stetz sold 29,725 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.07, for a total transaction of $596,580.75.
• On Tuesday, March 3rd, Mattias Stetz sold 8,493 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.07, for a total value of $170,454.51.
• On Monday, March 2nd, Mattias Stetz sold 28,383 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.01, for a total value of $567,943.83.
• On Monday, March 2nd, Mattias Stetz sold 28,109 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.88, for a total value of $558,806.92.
• On Monday, February 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $17.67, for a total value of $353,400.00.
• 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 value of $1,718,100.00.
• On Friday, January 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.09, for a total value of $381,800.00.

Rush Street Interactive Price Performance

Shares of NYSE RSI opened at $22.76 on Friday. The firm has a market cap of $5.29 billion, a price-to-earnings ratio of 81.28 and a beta of 1.45. The stock’s fifty day moving average price is $19.37 and its two-hundred day moving average price is $19.07. Rush Street Interactive, Inc. has a one year low of $9.66 and a one year high of $22.80.

Rush Street Interactive (NYSE:RSI) last posted its earnings results on Tuesday, February 17th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). Rush Street Interactive had a return on equity of 17.95% and a net margin of 2.94%.The firm had revenue of $324.89 million for the quarter, compared to analyst estimates of $305.08 million. During the same period in the prior year, the business posted $0.07 EPS. The firm’s quarterly revenue was up 27.8% compared to the same quarter last year. On average, equities analysts anticipate that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Rush Street Interactive

Hedge funds and other institutional investors have recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV bought a new stake in shares of Rush Street Interactive during the 4th quarter worth approximately $197,000. Fuller & Thaler Asset Management Inc. increased its stake in Rush Street Interactive by 8.3% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,517,402 shares of the company’s stock valued at $48,913,000 after acquiring an additional 193,110 shares during the last quarter. Empowered Funds LLC bought a new position in Rush Street Interactive in the fourth quarter valued at approximately $55,000. Voloridge Investment Management LLC raised its position in Rush Street Interactive by 76.9% during the fourth quarter. Voloridge Investment Management LLC now owns 738,840 shares of the company’s stock valued at $14,356,000 after purchasing an additional 321,288 shares in the last quarter. Finally, Polymer Capital Management US LLC raised its position in Rush Street Interactive by 45.5% during the fourth quarter. Polymer Capital Management US LLC now owns 64,822 shares of the company’s stock valued at $1,259,000 after purchasing an additional 20,258 shares in the last quarter. 24.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have issued reports on RSI. Benchmark restated a “buy” rating on shares of Rush Street Interactive in a research report on Wednesday, February 18th. Wells Fargo & Company began coverage on Rush Street Interactive in a research note on Thursday, March 26th. They issued an “overweight” rating and a $26.00 price target for the company. Citigroup raised Rush Street Interactive to an “outperform” rating in a research report on Wednesday, February 18th. Zacks Research lowered Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Rush Street Interactive in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $23.22.

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.