Rush Street Interactive (NYSE:RSI) CEO Richard Todd Schwartz Sells 90,482 Shares of Stock

Rush Street Interactive, Inc. (NYSE:RSI) CEO Richard Todd Schwartz sold 90,482 shares of Rush Street Interactive stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $22.04, for a total value of $1,994,223.28. Following the completion of the transaction, the chief executive officer owned 435,801 shares in the company, valued at $9,605,054.04. This trade represents a 17.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Richard Todd Schwartz also recently made the following trade(s):

• On Monday, March 2nd, Richard Todd Schwartz sold 247,113 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.83, for a total value of $4,900,250.79.
• On Tuesday, February 17th, Richard Todd Schwartz sold 247,114 shares of Rush Street Interactive stock. The stock was sold at an average price of $16.82, for a total value of $4,156,457.48.
• On Wednesday, February 4th, Richard Todd Schwartz sold 247,114 shares of Rush Street Interactive stock. The shares were sold at an average price of $17.61, for a total transaction of $4,351,677.54.
• On Friday, January 9th, Richard Todd Schwartz sold 111,112 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.22, for a total transaction of $2,135,572.64.
• On Friday, January 9th, Richard Todd Schwartz sold 47,223 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.22, for a total transaction of $907,626.06.

Rush Street Interactive Stock Performance

RSI stock opened at $22.76 on Friday. The stock has a market capitalization of $5.29 billion, a PE ratio of 81.28 and a beta of 1.45. The company has a fifty day moving average of $19.26 and a 200-day moving average of $19.08. Rush Street Interactive, Inc. has a one year low of $9.66 and a one year high of $22.80.

Rush Street Interactive (NYSE:RSI) last issued its quarterly earnings results on Tuesday, February 17th. The company reported $0.08 earnings per share (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 analyst estimates of $305.08 million. Rush Street Interactive had a return on equity of 17.95% and a net margin of 2.94%.The company’s revenue was up 27.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.07 earnings per share. Equities analysts forecast that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rush Street Interactive

A number of institutional investors and hedge funds have recently bought and sold shares of RSI. Concord Wealth Partners purchased a new position in Rush Street Interactive during the third quarter worth $41,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Rush Street Interactive in the fourth quarter valued at $47,000. Empowered Funds LLC acquired a new stake in shares of Rush Street Interactive during the fourth quarter valued at $55,000. Osaic Holdings Inc. boosted its stake in shares of Rush Street Interactive by 62.2% during the second quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock valued at $73,000 after acquiring an additional 1,868 shares during the last quarter. Finally, Lazard Asset Management LLC purchased a new stake in Rush Street Interactive during the 2nd quarter worth about $90,000. Hedge funds and other institutional investors own 24.78% of the company’s stock.

Analyst Upgrades and Downgrades

RSI has been the topic of a number of recent analyst reports. Zacks Research lowered Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Oppenheimer upped their price target on shares of Rush Street Interactive from $24.00 to $25.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Susquehanna set a $22.00 price target on shares of Rush Street Interactive in a report on Wednesday, January 21st. Freedom Capital upgraded shares of Rush Street Interactive to a “strong-buy” rating in a research note on Wednesday, March 11th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Rush Street Interactive in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $23.22.

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.