241,926 Shares in Rush Street Interactive, Inc. $RSI Purchased by OP Asset Management Ltd

OP Asset Management Ltd purchased a new stake in Rush Street Interactive, Inc. (NYSE:RSI) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 241,926 shares of the company’s stock, valued at approximately $5,262,000.

Other hedge funds have also added to or reduced their stakes in the company. SG Americas Securities LLC increased its holdings in Rush Street Interactive by 20.6% during the 1st quarter. SG Americas Securities LLC now owns 322,374 shares of the company’s stock worth $7,012,000 after purchasing an additional 55,040 shares in the last quarter. Diversified Trust Co lifted its holdings in shares of Rush Street Interactive by 8.9% in the first quarter. Diversified Trust Co now owns 31,442 shares of the company’s stock valued at $684,000 after purchasing an additional 2,578 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new position in shares of Rush Street Interactive in the fourth quarter valued at approximately $197,000. Fuller & Thaler Asset Management Inc. boosted its position in shares of Rush Street Interactive by 8.3% during 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 buying an additional 193,110 shares during the last quarter. Finally, Empowered Funds LLC purchased a new position in shares of Rush Street Interactive during the fourth quarter valued at approximately $55,000. Institutional investors and hedge funds own 24.78% of the company’s stock.

Insider Activity at Rush Street Interactive

In related news, COO Mattias Stetz sold 74,500 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $24.96, for a total transaction of $1,859,520.00. Following the completion of the sale, the chief operating officer owned 237,874 shares in the company, valued at approximately $5,937,335.04. This trade represents a 23.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Judith Gold sold 50,000 shares of Rush Street Interactive stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $27.58, for a total transaction of $1,379,000.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 3,111,241 shares of company stock worth $78,182,183 in the last ninety days. Corporate insiders own 52.89% of the company’s stock.

Rush Street Interactive Trading Up 4.0%

RSI stock opened at $31.57 on Friday. The stock has a market cap of $7.35 billion, a P/E ratio of 101.85 and a beta of 1.58. The stock’s fifty day simple moving average is $27.06 and its two-hundred day simple moving average is $22.15. Rush Street Interactive, Inc. has a 1-year low of $14.38 and a 1-year high of $31.65.

Rush Street Interactive (NYSE:RSI) last announced its earnings results on Tuesday, April 28th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. The firm had revenue of $370.36 million during the quarter, compared to analyst estimates of $330.82 million. Rush Street Interactive had a return on equity of 17.21% and a net margin of 2.98%.The business’s revenue was up 41.1% compared to the same quarter last year. During the same period last year, the firm posted $0.09 EPS. As a group, analysts forecast that Rush Street Interactive, Inc. will post 0.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on RSI. Citigroup reissued an “outperform” rating on shares of Rush Street Interactive in a research report on Wednesday, May 20th. Oppenheimer lifted their price objective on shares of Rush Street Interactive from $25.00 to $30.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Jefferies Financial Group upped their target price on shares of Rush Street Interactive from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Susquehanna increased their target price on shares of Rush Street Interactive from $25.00 to $29.00 and gave the company a “positive” rating in a report on Wednesday, April 29th. Finally, Wells Fargo & Company raised their price target on shares of Rush Street Interactive from $26.00 to $29.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $29.25.

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.