Rush Street Interactive, Inc. (NYSE:RSI) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Rush Street Interactive, Inc. (NYSE:RSI) have been assigned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $21.3750.

RSI has been the topic of several research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Rush Street Interactive in a research report on Monday, December 29th. Needham & Company LLC boosted their target price on shares of Rush Street Interactive from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $29.00 price target on shares of Rush Street Interactive in a report on Sunday, January 25th. Susquehanna set a $22.00 price target on Rush Street Interactive in a research report on Wednesday, January 21st. Finally, Wall Street Zen upgraded Rush Street Interactive from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 7th.

Rush Street Interactive Trading Up 2.1%

Shares of Rush Street Interactive stock opened at $17.48 on Thursday. The firm has a market cap of $4.01 billion, a PE ratio of 69.92 and a beta of 1.54. The stock has a 50 day moving average of $18.76 and a 200 day moving average of $18.98. Rush Street Interactive has a 12 month low of $9.54 and a 12 month high of $22.65.

Insider Activity at Rush Street Interactive

In other news, CEO Richard Todd Schwartz sold 247,114 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $17.61, for a total value of $4,351,677.54. Following the sale, the chief executive officer owned 949,048 shares of the company’s stock, valued at approximately $16,712,735.28. This represents a 20.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Kyle Sauers sold 160,067 shares of the firm’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $19.07, for a total transaction of $3,052,477.69. Following the completion of the sale, the chief financial officer owned 663,306 shares of the company’s stock, valued at $12,649,245.42. This trade represents a 19.44% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,113,326 shares of company stock worth $20,434,126. Company insiders own 56.94% of the company’s stock.

Institutional Trading of Rush Street Interactive

Several institutional investors have recently added to or reduced their stakes in RSI. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Rush Street Interactive in the third quarter worth approximately $4,232,000. Allspring Global Investments Holdings LLC bought a new position in shares of Rush Street Interactive during the 2nd quarter worth $361,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Rush Street Interactive by 38.1% during the second quarter. Arrowstreet Capital Limited Partnership now owns 1,443,545 shares of the company’s stock valued at $21,509,000 after buying an additional 398,089 shares during the period. Emerald Advisers LLC raised its holdings in shares of Rush Street Interactive by 12.6% in the third quarter. Emerald Advisers LLC now owns 1,341,739 shares of the company’s stock valued at $27,479,000 after acquiring an additional 149,918 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust raised its holdings in shares of Rush Street Interactive by 11.0% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 825,244 shares of the company’s stock valued at $16,901,000 after acquiring an additional 82,055 shares in the last quarter. 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.