Rush Street Interactive (NYSE:RSI) CFO Sells $612,950.00 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) CFO Kyle Sauers sold 23,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $26.65, for a total transaction of $612,950.00. Following the transaction, the chief financial officer directly owned 629,526 shares in the company, valued at $16,776,867.90. This represents a 3.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kyle Sauers also recently made the following trade(s):

• On Monday, July 6th, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $31.53, for a total value of $725,190.00.
• On Wednesday, June 3rd, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $25.44, for a total value of $585,120.00.

Rush Street Interactive Price Performance

Shares of NYSE:RSI opened at $24.90 on Friday. The business’s 50 day simple moving average is $29.88 and its 200 day simple moving average is $24.58. Rush Street Interactive, Inc. has a 1 year low of $15.51 and a 1 year high of $34.53. The company has a market capitalization of $5.79 billion, a P/E ratio of 85.86 and a beta of 1.59.

Rush Street Interactive (NYSE:RSI) last released its earnings results on Wednesday, July 29th. The company reported $0.15 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.15. Rush Street Interactive had a return on equity of 18.88% and a net margin of 2.33%.The firm had revenue of $393.78 million during the quarter, compared to the consensus estimate of $367.75 million. During the same period in the prior year, the company posted $0.11 EPS. The company’s revenue was up 46.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Rush Street Interactive, Inc. will post 0.49 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Global Retirement Partners LLC bought a new stake in Rush Street Interactive during the 2nd quarter worth $35,000. Kemnay Advisory Services Inc. bought a new position in Rush Street Interactive in the fourth quarter valued at about $47,000. CoreCap Advisors LLC acquired a new stake in shares of Rush Street Interactive during the second quarter valued at about $54,000. Empowered Funds LLC acquired a new stake in shares of Rush Street Interactive during the fourth quarter valued at about $55,000. Finally, Osaic Holdings Inc. grew its holdings in shares of Rush Street Interactive by 62.2% during the second quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock worth $73,000 after purchasing an additional 1,868 shares during the last quarter. 24.78% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on RSI shares. Susquehanna boosted their target price on shares of Rush Street Interactive from $30.00 to $36.00 and gave the company a “positive” rating in a research report on Wednesday, July 29th. Weiss Ratings upgraded Rush Street Interactive from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Citizens Jmp lifted their price target on Rush Street Interactive from $33.00 to $34.00 and gave the company a “market outperform” rating in a research note on Thursday, July 30th. Benchmark boosted their price target on Rush Street Interactive from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, Wells Fargo & Company raised their price objective on Rush Street Interactive from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Rush Street Interactive presently has an average rating of “Moderate Buy” and an average price target of $35.22.

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.