Key Points
- COO Mattias Stetz sold 20,000 Rush Street Interactive shares at an average price of $28.03, generating $560,600. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced his direct holdings by 10.11% to 177,874 shares.
- Rush Street Interactive reported quarterly revenue of $393.78 million, up 46.3% year over year and above analyst expectations of $367.75 million. EPS was $0.15, matching consensus estimates.
- Analysts maintain a generally positive view, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $35.22, compared with a recent opening price of $26.01.
Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) COO Mattias Stetz sold 20,000 shares of the business's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $28.03, for a total transaction of $560,600.00. Following the completion of the sale, the chief operating officer directly owned 177,874 shares of the company's stock, valued at $4,985,808.22. The trade was a 10.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at 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 Wednesday, July 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $31.22, for a total transaction of $624,400.00.
- On Monday, June 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $25.63, for a total transaction of $512,600.00.
Rush Street Interactive Stock Performance
NYSE:RSI opened at $26.01 on Thursday. The company has a market capitalization of $6.05 billion, a price-to-earnings ratio of 89.68 and a beta of 1.59. Rush Street Interactive, Inc. has a one year low of $15.51 and a one year high of $34.53. The stock has a 50-day simple moving average of $29.91 and a 200 day simple moving average of $24.54.
Rush Street Interactive (NYSE:RSI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 for the quarter, compared to analysts' expectations of $367.75 million. During the same quarter in the prior year, the firm posted $0.11 earnings per share. Rush Street Interactive's revenue for the quarter was up 46.3% compared to the same quarter last year. On average, equities research analysts forecast that Rush Street Interactive, Inc. will post 0.49 EPS for the current fiscal year.
Institutional Trading of Rush Street Interactive
Institutional investors and hedge funds have recently made changes to their positions in the stock. New York State Teachers Retirement System raised its stake in Rush Street Interactive by 5.2% during the 1st quarter. New York State Teachers Retirement System now owns 8,441 shares of the company's stock valued at $184,000 after acquiring an additional 419 shares in the last quarter. Man Group plc grew 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 worth $1,334,000 after purchasing an additional 654 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of Rush Street Interactive by 4.6% during the fourth quarter. Cerity Partners LLC now owns 23,675 shares of the company's stock valued at $460,000 after purchasing an additional 1,042 shares during the period. ProShare Advisors LLC increased its holdings in shares of Rush Street Interactive by 10.3% during the fourth quarter. ProShare Advisors LLC now owns 16,740 shares of the company's stock valued at $325,000 after purchasing an additional 1,561 shares during the period. Finally, CoreCap Advisors LLC bought a new stake in shares of Rush Street Interactive during the second quarter valued at about $54,000. 24.78% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the company. Weiss Ratings raised Rush Street Interactive from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday. Needham & Company LLC lifted their price objective on shares of Rush Street Interactive from $33.00 to $36.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Citigroup reiterated a "market outperform" rating on shares of Rush Street Interactive in a research note on Thursday, July 30th. JPMorgan Chase & Co. increased their target price on shares of Rush Street Interactive from $26.00 to $30.00 and gave the stock a "neutral" rating in a report on Wednesday, July 15th. Finally, Benchmark raised their price target on shares of Rush Street Interactive from $30.00 to $35.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Rush Street Interactive currently has a consensus rating of "Moderate Buy" and a consensus target price of $35.22.
Check Out Our Latest Stock Report on RSI
About Rush Street Interactive
(
Get Free Report)
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.
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