Insider Selling: Rush Street Interactive (NYSE:RSI) COO Sells $624,400.00 in Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of Rush Street Interactive stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $31.22, for a total value of $624,400.00. Following the completion of the transaction, the chief operating officer owned 197,874 shares in the company, valued at approximately $6,177,626.28. This represents a 9.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mattias Stetz also recently made the following trade(s):

• On Monday, June 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $25.63, for a total value of $512,600.00.
• On Wednesday, May 6th, Mattias Stetz sold 11,175 shares of Rush Street Interactive stock. The shares were sold at an average price of $24.96, for a total value of $278,928.00.
• On Tuesday, May 5th, Mattias Stetz sold 74,500 shares of Rush Street Interactive stock. The stock was sold at an average price of $24.96, for a total value of $1,859,520.00.
• On Friday, May 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $28.09, for a total value of $561,800.00.
• On Wednesday, April 29th, Mattias Stetz sold 50,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $27.44, for a total value of $1,372,000.00.
• On Monday, April 27th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $24.06, for a total value of $481,200.00.

Rush Street Interactive Stock Performance

NYSE:RSI opened at $31.64 on Friday. The firm has a market cap of $7.36 billion, a PE ratio of 102.07 and a beta of 1.56. Rush Street Interactive, Inc. has a fifty-two week low of $14.38 and a fifty-two week high of $31.85. The business has a 50 day moving average price of $27.87 and a 200-day moving average price of $22.57.

Rush Street Interactive (NYSE:RSI) last issued its earnings results on Tuesday, April 28th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. Rush Street Interactive had a net margin of 2.98% and a return on equity of 17.21%. The firm had revenue of $370.36 million for the quarter, compared to analysts’ expectations of $330.82 million. During the same quarter last year, the business earned $0.09 earnings per share. The business’s revenue was up 41.1% on a year-over-year basis. Research analysts predict that Rush Street Interactive, Inc. will post 0.47 EPS for the current year.

Institutional Trading of Rush Street Interactive

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kemnay Advisory Services Inc. purchased a new position in Rush Street Interactive during the 4th quarter valued at $47,000. Empowered Funds LLC purchased a new stake in shares of Rush Street Interactive in the 4th quarter worth about $55,000. Osaic Holdings Inc. lifted its position in shares of Rush Street Interactive by 62.2% in the 2nd 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 period. Lazard Asset Management LLC bought a new stake in shares of Rush Street Interactive during the 2nd quarter valued at about $90,000. Finally, US Bancorp DE bought a new stake in shares of Rush Street Interactive during the 3rd quarter valued at about $115,000. Hedge funds and other institutional investors own 24.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Freedom Capital raised shares of Rush Street Interactive to a “strong-buy” rating in a report on Wednesday, March 11th. Citizens Jmp upped their price objective on shares of Rush Street Interactive from $27.00 to $30.00 and gave the company a “market outperform” rating in a research note on Wednesday, May 20th. Needham & Company LLC increased their target price on shares of Rush Street Interactive from $25.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wall Street Zen cut Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Wells Fargo & Company boosted their price target on Rush Street Interactive from $26.00 to $29.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. One equities research 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 stock. According to data from MarketBeat, Rush Street Interactive currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.25.

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.