Jackson Creek Investment Advisors LLC Has $1.38 Million Stock Holdings in Rush Street Interactive, Inc. $RSI

Jackson Creek Investment Advisors LLC cut its holdings in shares of Rush Street Interactive, Inc. (NYSE:RSI) by 36.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 67,500 shares of the company’s stock after selling 38,880 shares during the period. Jackson Creek Investment Advisors LLC’s holdings in Rush Street Interactive were worth $1,382,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Man Group plc raised its stake in shares of Rush Street Interactive by 0.7% in 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 period. Wealth Enhancement Advisory Services LLC boosted its holdings in Rush Street Interactive by 4.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 19,422 shares of the company’s stock worth $398,000 after buying an additional 752 shares during the period. New York State Teachers Retirement System grew its stake in 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 valued at $164,000 after buying an additional 1,084 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of Rush Street Interactive by 5.3% in the second quarter. Cerity Partners LLC now owns 23,067 shares of the company’s stock worth $344,000 after buying an additional 1,167 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its stake in Rush Street Interactive by 11.1% during the second quarter. Teacher Retirement System of Texas now owns 13,615 shares of the company’s stock valued at $203,000 after acquiring an additional 1,358 shares in the last quarter. 24.78% of the stock is owned by institutional investors.

Rush Street Interactive Trading Up 1.2%

Shares of RSI opened at $17.88 on Tuesday. The firm’s 50-day moving average price is $18.79 and its 200-day moving average price is $18.98. The firm has a market capitalization of $4.10 billion, a price-to-earnings ratio of 71.52 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.

Wall Street Analysts Forecast Growth

Several brokerages have commented on RSI. Benchmark reissued a “buy” rating on shares of Rush Street Interactive in a report on Wednesday, January 14th. JPMorgan Chase & Co. raised their price target on Rush Street Interactive from $16.00 to $18.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Jefferies Financial Group restated a “buy” rating and set a $29.00 price objective on shares of Rush Street Interactive in a research report on Sunday, January 25th. Craig Hallum reaffirmed a “buy” rating on shares of Rush Street Interactive in a research note on Tuesday, December 9th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Rush Street Interactive in a report on Monday, December 29th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $21.38.

Insider Buying and Selling at Rush Street Interactive

In related news, CFO Kyle Sauers sold 160,067 shares of Rush Street Interactive stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $19.07, for a total transaction of $3,052,477.69. Following the sale, the chief financial officer directly owned 663,306 shares in the company, valued at $12,649,245.42. The trade was a 19.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Mattias Stetz sold 90,000 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $19.09, for a total value of $1,718,100.00. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 846,212 shares of company stock valued at $15,729,048. 56.94% of the stock is currently owned by corporate insiders.

Rush Street Interactive 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.