State of Wyoming Invests $759,000 in Rush Street Interactive, Inc. $RSI

State of Wyoming bought a new position in shares of Rush Street Interactive, Inc. (NYSE:RSI) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,532 shares of the company’s stock, valued at approximately $759,000.

Other large investors have also recently made changes to their positions in the company. Jefferies Financial Group Inc. acquired a new position in shares of Rush Street Interactive during the fourth quarter worth $2,053,000. Precision Wealth Strategies LLC acquired a new stake in Rush Street Interactive in the fourth quarter valued at $1,680,000. Vanguard Group Inc. raised its stake in Rush Street Interactive by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 9,050,062 shares of the company’s stock valued at $175,843,000 after buying an additional 227,783 shares in the last quarter. UBS Group AG lifted its holdings in Rush Street Interactive by 4.0% during the 4th quarter. UBS Group AG now owns 1,037,277 shares of the company’s stock worth $20,154,000 after buying an additional 40,232 shares during the last quarter. Finally, William Blair Investment Management LLC lifted its holdings in Rush Street Interactive by 17.3% during the 4th quarter. William Blair Investment Management LLC now owns 2,557,778 shares of the company’s stock worth $49,698,000 after buying an additional 378,002 shares during the last quarter. 24.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Rush Street Interactive

In other news, CEO Richard Todd Schwartz sold 111,112 shares of Rush Street Interactive stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $28.02, for a total value of $3,113,358.24. Following the transaction, the chief executive officer directly owned 421,258 shares of the company’s stock, valued at $11,803,649.16. The trade was a 20.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul Wierbicki sold 10,000 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $30.12, for a total transaction of $301,200.00. Following the completion of the sale, the insider owned 93,256 shares of the company’s stock, valued at approximately $2,808,870.72. This trade represents a 9.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 614,002 shares of company stock valued at $17,350,367 over the last ninety days. 52.89% of the stock is owned by insiders.

Rush Street Interactive Stock Performance

Rush Street Interactive stock opened at $25.59 on Monday. Rush Street Interactive, Inc. has a fifty-two week low of $15.51 and a fifty-two week high of $34.53. The company has a market capitalization of $5.93 billion, a P/E ratio of 88.26 and a beta of 1.59. The stock has a 50-day simple moving average of $29.79 and a 200-day simple moving average of $24.86.

Rush Street Interactive (NYSE:RSI) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.15. The firm had revenue of $393.78 million for the quarter, compared to the consensus estimate of $367.75 million. Rush Street Interactive had a return on equity of 18.88% and a net margin of 2.33%.The firm’s quarterly revenue was up 46.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.11 EPS. As a group, analysts forecast that Rush Street Interactive, Inc. will post 0.49 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on RSI shares. Citizens Jmp upped their price objective on Rush Street Interactive from $33.00 to $34.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 30th. Susquehanna boosted their target price on Rush Street Interactive from $30.00 to $36.00 and gave the stock a “positive” rating in a research note on Wednesday, July 29th. Weiss Ratings raised Rush Street Interactive from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 3rd. Needham & Company LLC upped their price target on Rush Street Interactive from $33.00 to $36.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. increased their price target on shares of Rush Street Interactive from $26.00 to $30.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Rush Street Interactive currently has an average rating of “Moderate Buy” and an average target price of $35.22.

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.