Mattias Stetz Sells 20,000 Shares of Rush Street Interactive (NYSE:RSI) Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of the firm’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $22.02, for a total value of $440,400.00. Following the transaction, the chief operating officer owned 125,448 shares of the company’s stock, valued at $2,762,364.96. The trade was a 13.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Wednesday, March 4th, Mattias Stetz sold 11,892 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.22, for a total transaction of $240,456.24.
• On Wednesday, March 4th, Mattias Stetz sold 3,398 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.22, for a total transaction of $68,707.56.
• On Tuesday, March 3rd, Mattias Stetz sold 29,725 shares of Rush Street Interactive stock. The shares were sold at an average price of $20.07, for a total transaction of $596,580.75.
• On Tuesday, March 3rd, Mattias Stetz sold 8,493 shares of Rush Street Interactive stock. The shares were sold at an average price of $20.07, for a total transaction of $170,454.51.
• On Monday, March 2nd, Mattias Stetz sold 28,383 shares of Rush Street Interactive stock. The stock was sold at an average price of $20.01, for a total transaction of $567,943.83.
• On Monday, March 2nd, Mattias Stetz sold 28,109 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.88, for a total transaction of $558,806.92.
• On Monday, February 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $17.67, for a total transaction of $353,400.00.
• On Friday, January 2nd, Mattias Stetz sold 90,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $19.09, for a total transaction of $1,718,100.00.
• On Friday, January 2nd, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $19.09, for a total transaction of $381,800.00.

Rush Street Interactive Trading Down 1.8%

RSI stock opened at $21.53 on Friday. The stock’s 50 day simple moving average is $18.97 and its 200 day simple moving average is $19.06. Rush Street Interactive, Inc. has a 12-month low of $9.66 and a 12-month high of $22.65. The stock has a market capitalization of $5.00 billion, a PE ratio of 76.88 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). Rush Street Interactive had a return on equity of 17.95% and a net margin of 2.94%.The business had revenue of $324.89 million during the quarter, compared to the consensus estimate of $305.08 million. During the same period in the previous year, the business posted $0.07 EPS. The firm’s revenue for the quarter was up 27.8% on a year-over-year basis. On average, research analysts predict that Rush Street Interactive, Inc. will post 0.04 earnings per share for the current year.

Analyst Upgrades and Downgrades

RSI has been the subject of a number of research analyst reports. Wells Fargo & Company started coverage on shares of Rush Street Interactive in a research note on Thursday. They issued an “overweight” rating and a $26.00 price target for the company. Weiss Ratings restated a “hold (c-)” rating on shares of Rush Street Interactive in a report on Monday, December 29th. Benchmark reaffirmed a “buy” rating on shares of Rush Street Interactive in a research report on Wednesday, February 18th. Wall Street Zen lowered shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 21st. Finally, Zacks Research cut Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $23.22.

Institutional Investors Weigh In On Rush Street Interactive

Several hedge funds and other institutional investors have recently made changes to their positions in RSI. Concord Wealth Partners purchased a new position in shares of Rush Street Interactive in the third quarter worth approximately $41,000. Kemnay Advisory Services Inc. bought a new stake in Rush Street Interactive during the fourth quarter valued at approximately $47,000. Empowered Funds LLC purchased a new stake in Rush Street Interactive during the fourth quarter valued at approximately $55,000. Osaic Holdings Inc. increased its holdings in 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 buying an additional 1,868 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new position in Rush Street Interactive in the second quarter worth approximately $90,000. Hedge funds and other 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.