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 on 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 of the company’s stock, valued at $5,249,879.18. This trade represents a 7.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 value 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 value of $240,456.24.
• On Wednesday, March 4th, Mattias Stetz sold 3,398 shares of Rush Street Interactive stock. The stock was 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 shares were sold at an average price of $20.07, for a total value of $596,580.75.
• On Tuesday, March 3rd, Mattias Stetz sold 8,493 shares of Rush Street Interactive stock. The shares were 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 shares were sold at an average price of $20.01, for a total transaction of $567,943.83.
• On Monday, March 2nd, Mattias Stetz sold 28,109 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.88, for a total transaction 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 shares were 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 transaction of $381,800.00.

Rush Street Interactive Stock Performance

Shares of NYSE:RSI opened at $22.76 on Friday. Rush Street Interactive, Inc. has a 52-week low of $9.66 and a 52-week high of $22.80. The company has a market capitalization of $5.29 billion, a P/E ratio of 81.28 and a beta of 1.45. The company has a 50-day simple moving average of $19.26 and a 200 day simple moving average of $19.08.

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 business had revenue of $324.89 million for the quarter, compared to analyst estimates of $305.08 million. During the same period in the previous year, the firm posted $0.07 earnings per share. The firm’s revenue was up 27.8% compared to the same quarter last year. As a group, equities analysts forecast that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Concord Wealth Partners bought a new position in shares of Rush Street Interactive in the 3rd quarter worth $41,000. Kemnay Advisory Services Inc. bought a new stake in Rush Street Interactive in the 4th quarter worth about $47,000. Empowered Funds LLC bought a new position in shares of Rush Street Interactive in the fourth quarter valued at approximately $55,000. Osaic Holdings Inc. increased its position 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 valued at $73,000 after purchasing an additional 1,868 shares during the last quarter. Finally, Pacer Advisors Inc. grew its position in shares of Rush Street Interactive by 57.2% during 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 during the period. 24.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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