Rush Street Interactive (NYSE:RSI) CFO Kyle Sauers Sells 23,000 Shares of Stock

Rush Street Interactive, Inc. (NYSE:RSI) CFO Kyle Sauers sold 23,000 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $26.56, for a total value of $610,880.00. Following the completion of the transaction, the chief financial officer owned 606,526 shares of the company’s stock, valued at $16,109,330.56. The trade was a 3.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kyle Sauers also recently made the following trade(s):

• On Monday, August 3rd, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $26.65, for a total value of $612,950.00.
• On Monday, July 6th, Kyle Sauers sold 23,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $31.53, for a total value of $725,190.00.

Rush Street Interactive Stock Performance

Shares of NYSE RSI opened at $26.64 on Friday. The stock has a 50 day moving average price of $28.90 and a 200 day moving average price of $25.73. The stock has a market capitalization of $6.17 billion, a PE ratio of 91.87 and a beta of 1.51. Rush Street Interactive, Inc. has a 52 week low of $15.51 and a 52 week high of $34.53.

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on RSI shares. Jefferies Financial Group restated a “buy” rating and set a $39.00 target price on shares of Rush Street Interactive in a report on Thursday, July 30th. Citigroup reiterated a “market outperform” rating on shares of Rush Street Interactive in a research note on Thursday, July 30th. JPMorgan Chase & Co. lifted their price objective on shares of Rush Street Interactive from $26.00 to $30.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Benchmark boosted their price objective on shares of Rush Street Interactive from $30.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Finally, Susquehanna upped their target price on shares of Rush Street Interactive from $30.00 to $36.00 and gave the company a “positive” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.22.

Hedge Funds Weigh In On Rush Street Interactive

Several institutional investors and hedge funds have recently modified their holdings of RSI. Global Retirement Partners LLC bought a new position in shares of Rush Street Interactive in the second quarter valued at about $35,000. CoreCap Advisors LLC bought a new stake in shares of Rush Street Interactive during the 2nd quarter worth about $54,000. Allworth Financial LP bought a new stake in shares of Rush Street Interactive during the 2nd quarter worth about $57,000. Kemnay Advisory Services Inc. acquired a new position in Rush Street Interactive in the 4th quarter valued at about $47,000. Finally, Empowered Funds LLC acquired a new position in Rush Street Interactive in the 4th quarter valued at about $55,000. 24.78% of the stock is currently owned by institutional investors and hedge funds.

Rush Street Interactive Company Profile

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.