Dimensional Fund Advisors LP Purchases 48,101 Shares of Rush Street Interactive, Inc. $RSI

Key Points

• Dimensional Fund Advisors increased its Rush Street Interactive stake by 6.2%, purchasing 48,101 additional shares and bringing its holdings to 826,277 shares, or 0.36% of the company. Institutional investors and hedge funds collectively own 24.78% of RSI.
• 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 of $0.15 matched estimates.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $35.22, compared with the stock’s Friday opening price of $24.90. However, insiders sold 614,002 shares worth $17.35 million during the latest quarter.

Dimensional Fund Advisors LP increased its holdings in shares of Rush Street Interactive, Inc. (NYSE:RSI - Free Report) by 6.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 826,277 shares of the company's stock after buying an additional 48,101 shares during the quarter. Dimensional Fund Advisors LP owned 0.36% of Rush Street Interactive worth $17,965,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of RSI. Ameriprise Financial Inc. lifted its stake in Rush Street Interactive by 763.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company's stock valued at $57,815,000 after purchasing an additional 2,496,109 shares during the last quarter. Two Sigma Investments LP increased its stake in shares of Rush Street Interactive by 247.3% in the third quarter. Two Sigma Investments LP now owns 1,329,550 shares of the company's stock valued at $27,229,000 after buying an additional 946,673 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in Rush Street Interactive by 47.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,127,031 shares of the company's stock valued at $43,562,000 after buying an additional 683,486 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Rush Street Interactive by 76.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,341,472 shares of the company's stock worth $26,065,000 after buying an additional 580,568 shares during the period. Finally, Norges Bank acquired a new stake in Rush Street Interactive during the 4th quarter worth approximately $10,972,000. 24.78% of the stock is owned by institutional investors and hedge funds.

Rush Street Interactive Stock Down 0.7%

NYSE:RSI opened at $24.90 on Friday. The company has a fifty day moving average of $29.88 and a 200-day moving average of $24.58. The firm has a market capitalization of $5.79 billion, a P/E ratio of 85.86 and a beta of 1.59. Rush Street Interactive, Inc. has a twelve month low of $15.51 and a twelve month high of $34.53.

Rush Street Interactive (NYSE:RSI - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.15. Rush Street Interactive had a net margin of 2.33% and a return on equity of 18.88%. The company had revenue of $393.78 million for the quarter, compared to the consensus estimate of $367.75 million. During the same quarter in the previous year, the company earned $0.11 EPS. Rush Street Interactive's quarterly revenue was up 46.3% compared to the same quarter last year. On average, analysts anticipate that Rush Street Interactive, Inc. will post 0.49 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

RSI has been the topic of several analyst reports. New Street Research set a $35.00 price objective on shares of Rush Street Interactive in a research note on Thursday, July 23rd. Needham & Company LLC raised their target price on Rush Street Interactive from $33.00 to $36.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. Wall Street Zen downgraded Rush Street Interactive from a "strong-buy" rating to a "buy" rating in a report on Saturday, May 16th. Citigroup reiterated a "market outperform" rating on shares of Rush Street Interactive in a research report on Thursday, July 30th. Finally, Weiss Ratings raised Rush Street Interactive from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Rush Street Interactive presently has a consensus rating of "Moderate Buy" and an average price target of $35.22.

Insiders Place Their Bets

In other Rush Street Interactive news, COO Mattias Stetz sold 20,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $31.22, for a total value of $624,400.00. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kyle Sauers sold 23,000 shares of the firm's stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $25.44, for a total transaction of $585,120.00. Following the completion of the transaction, the chief financial officer directly owned 631,258 shares in the company, valued at approximately $16,059,203.52. The trade was a 3.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 614,002 shares of company stock worth $17,350,367. Corporate insiders own 52.89% of the company's stock.

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.

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