Insider Selling: Rush Street Interactive (NYSE:RSI) COO Sells $513,600.00 in Stock

Key Points

• Rush Street Interactive COO Mattias Stetz sold 20,000 shares at an average price of $25.68, generating $513,600. The transaction was conducted under a pre-arranged Rule 10b5-1 plan and reduced his direct ownership by 11.24% to 157,874 shares.
• RSI shares traded at $26.64, with a market capitalization of approximately $6.17 billion. The company recently reported revenue growth of 46.3% year over year and quarterly EPS of $0.15, matching analyst estimates.
• Analysts maintain a generally positive view, with a consensus rating of “Moderate Buy” and an average price target of $35.22; several firms recently raised their targets to $34–$36.

Rush Street Interactive, Inc. (NYSE:RSI - Get Free Report) COO Mattias Stetz sold 20,000 shares of Rush Street Interactive stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $25.68, for a total value of $513,600.00. Following the completion of the transaction, the chief operating officer directly owned 157,874 shares in the company, valued at approximately $4,054,204.32. This represents a 11.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 3rd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $28.03, for a total value of $560,600.00.
• On Wednesday, July 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $31.22, for a total value of $624,400.00.

Rush Street Interactive Price Performance

Shares of Rush Street Interactive stock traded up $0.47 during midday trading on Thursday, hitting $26.64. The company had a trading volume of 2,307,014 shares, compared to its average volume of 2,309,105. The business's 50 day simple moving average is $28.97 and its two-hundred day simple moving average is $25.65. The stock has a market cap of $6.17 billion, a PE ratio of 91.87 and a beta of 1.51. Rush Street Interactive, Inc. has a 1-year low of $15.51 and a 1-year high of $34.53.

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

Analyst Ratings Changes

A number of research analysts recently commented on RSI shares. JPMorgan Chase & Co. raised their target price on Rush Street Interactive from $26.00 to $30.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 15th. Weiss Ratings lowered Rush Street Interactive from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday. Oppenheimer raised their price objective on shares of Rush Street Interactive from $30.00 to $36.00 and gave the company an "outperform" rating in a research report on Friday, July 24th. Citizens Jmp boosted their price objective on Rush Street Interactive from $33.00 to $34.00 and gave the stock a "market outperform" rating in a report on Thursday, July 30th. Finally, Susquehanna upped their price target on Rush Street Interactive from $30.00 to $36.00 and gave the company a "positive" rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $35.22.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of RSI. Jefferies Financial Group Inc. bought a new stake in shares of Rush Street Interactive during the fourth quarter worth $2,053,000. GSA Capital Partners LLP acquired a new stake in shares of Rush Street Interactive during the second quarter worth $1,996,000. Vanguard Group Inc. lifted its position in Rush Street Interactive by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 9,050,062 shares of the company's stock valued at $175,843,000 after acquiring an additional 227,783 shares in the last quarter. UBS Group AG lifted its position in Rush Street Interactive by 4.0% in the 4th quarter. UBS Group AG now owns 1,037,277 shares of the company's stock valued at $20,154,000 after acquiring an additional 40,232 shares in the last quarter. Finally, William Blair Investment Management LLC boosted its stake in Rush Street Interactive by 17.3% in the 4th quarter. William Blair Investment Management LLC now owns 2,557,778 shares of the company's stock worth $49,698,000 after purchasing an additional 378,002 shares during the period. Institutional investors own 24.78% of the company's stock.

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.

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