SG Americas Securities LLC Makes New Investment in Rush Street Interactive, Inc. $RSI

SG Americas Securities LLC bought a new position in Rush Street Interactive, Inc. (NYSE:RSI) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 49,326 shares of the company’s stock, valued at approximately $1,010,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Rush Street Interactive by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,163 shares of the company’s stock worth $484,000 after acquiring an additional 1,893 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Rush Street Interactive by 18.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company’s stock valued at $7,394,000 after purchasing an additional 109,366 shares in the last quarter. Strs Ohio purchased a new stake in shares of Rush Street Interactive in the 1st quarter worth approximately $589,000. Voya Investment Management LLC boosted its stake in shares of Rush Street Interactive by 9.0% during the first quarter. Voya Investment Management LLC now owns 45,003 shares of the company’s stock valued at $482,000 after purchasing an additional 3,727 shares in the last quarter. Finally, Pallas Capital Advisors LLC bought a new position in shares of Rush Street Interactive during the second quarter valued at approximately $208,000. Institutional investors own 24.78% of the company’s stock.

Insider Transactions at Rush Street Interactive

In other news, CEO Richard Todd Schwartz sold 111,112 shares of the business’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $19.22, for a total transaction of $2,135,572.64. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Mattias Stetz sold 90,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $19.09, for a total value of $1,718,100.00. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 876,212 shares of company stock worth $16,241,748. Company insiders own 56.94% of the company’s stock.

Rush Street Interactive Stock Performance

Shares of NYSE RSI opened at $19.31 on Monday. Rush Street Interactive, Inc. has a fifty-two week low of $9.54 and a fifty-two week high of $22.65. The company has a market cap of $4.43 billion, a PE ratio of 77.24 and a beta of 1.57. The business has a 50-day simple moving average of $18.68 and a two-hundred day simple moving average of $18.75.

Rush Street Interactive (NYSE:RSI) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. The firm had revenue of $277.91 million for the quarter, compared to the consensus estimate of $264.60 million. Rush Street Interactive had a net margin of 2.83% and a return on equity of 17.11%. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.05 earnings per share. On average, sell-side analysts predict that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on RSI shares. Wall Street Zen raised shares of Rush Street Interactive from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 7th. Susquehanna boosted their price target on Rush Street Interactive from $22.00 to $23.00 and gave the stock a “positive” rating in a research report on Tuesday, December 16th. Oppenheimer restated an “outperform” rating and set a $24.00 price objective on shares of Rush Street Interactive in a research note on Thursday, October 30th. Jefferies Financial Group lifted their target price on Rush Street Interactive from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Benchmark reissued a “buy” rating on shares of Rush Street Interactive in a research report on Wednesday. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Rush Street Interactive currently has an average rating of “Moderate Buy” and a consensus price target of $21.25.

Rush Street Interactive 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.