Aster Capital Management DIFC Ltd Trims Position in Rush Street Interactive, Inc. $RSI

Aster Capital Management DIFC Ltd lowered its position in Rush Street Interactive, Inc. (NYSE:RSI) by 85.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,153 shares of the company’s stock after selling 29,166 shares during the quarter. Aster Capital Management DIFC Ltd’s holdings in Rush Street Interactive were worth $106,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Man Group plc raised its position in shares of Rush Street Interactive by 0.7% during the 2nd quarter. Man Group plc now owns 89,535 shares of the company’s stock valued at $1,334,000 after buying an additional 654 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in Rush Street Interactive by 4.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 19,422 shares of the company’s stock valued at $398,000 after purchasing an additional 752 shares during the period. New York State Teachers Retirement System lifted its stake in shares of Rush Street Interactive by 15.6% in the 3rd quarter. New York State Teachers Retirement System now owns 8,022 shares of the company’s stock valued at $164,000 after purchasing an additional 1,084 shares during the last quarter. Cerity Partners LLC grew its holdings in shares of Rush Street Interactive by 5.3% during the 2nd quarter. Cerity Partners LLC now owns 23,067 shares of the company’s stock worth $344,000 after purchasing an additional 1,167 shares during the period. Finally, Teacher Retirement System of Texas grew its holdings in shares of Rush Street Interactive by 11.1% during the 2nd quarter. Teacher Retirement System of Texas now owns 13,615 shares of the company’s stock worth $203,000 after purchasing an additional 1,358 shares during the period. 24.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

RSI has been the topic of a number of recent analyst reports. Oppenheimer upped their target price on shares of Rush Street Interactive from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Wednesday, February 18th. Susquehanna set a $22.00 price target on shares of Rush Street Interactive in a research note on Wednesday, January 21st. Jefferies Financial Group reiterated a “buy” rating and issued a $29.00 price objective on shares of Rush Street Interactive in a research note on Sunday, January 25th. Wall Street Zen lowered shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 21st. Finally, Needham & Company LLC boosted their target price on Rush Street Interactive from $23.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $22.88.

Insider Transactions at Rush Street Interactive

In related news, CFO Kyle Sauers sold 160,067 shares of Rush Street Interactive stock in a transaction that occurred on 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 transaction, the chief financial officer directly owned 663,306 shares in the company, valued at $12,649,245.42. The trade was a 19.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Mattias Stetz sold 90,000 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $19.09, for a total value of $1,718,100.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,136,535 shares of company stock valued at $20,646,037 in the last ninety days. Corporate insiders own 56.89% of the company’s stock.

Rush Street Interactive Stock Down 0.0%

NYSE:RSI opened at $19.75 on Monday. The firm’s fifty day simple moving average is $18.39 and its 200-day simple moving average is $19.04. Rush Street Interactive, Inc. has a fifty-two week low of $9.54 and a fifty-two week high of $22.65. The stock has a market cap of $4.59 billion, a PE ratio of 70.52 and a beta of 1.54.

Rush Street Interactive (NYSE:RSI) last posted its earnings results on Tuesday, February 17th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The firm had revenue of $324.89 million for the quarter, compared to analysts’ expectations of $305.08 million. Rush Street Interactive had a return on equity of 17.95% and a net margin of 2.94%.The firm’s revenue for the quarter was up 27.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.07 earnings per share. Equities analysts anticipate that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current year.

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.