Quantinno Capital Management LP Acquires Shares of 81,321 Rush Street Interactive, Inc. $RSI

Quantinno Capital Management LP acquired a new position in Rush Street Interactive, Inc. (NYSE:RSI) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 81,321 shares of the company’s stock, valued at approximately $1,769,000.

Several other large investors also recently made changes to their positions in RSI. Ameriprise Financial Inc. raised its holdings in shares of Rush Street Interactive by 763.6% in the third quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company’s stock valued at $57,815,000 after buying an additional 2,496,109 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Rush Street Interactive by 84.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,764,173 shares of the company’s stock worth $60,121,000 after acquiring an additional 1,267,622 shares during the last quarter. Cooper Creek Partners Management LLC bought a new stake in Rush Street Interactive during the 1st quarter worth about $24,874,000. Two Sigma Investments LP increased its position in Rush Street Interactive by 247.3% in the 3rd quarter. Two Sigma Investments LP now owns 1,329,550 shares of the company’s stock valued at $27,229,000 after acquiring an additional 946,673 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Rush Street Interactive by 76.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,341,472 shares of the company’s stock worth $26,065,000 after acquiring an additional 580,568 shares during the last quarter. Institutional investors own 24.78% of the company’s stock.

Insider Buying and Selling at Rush Street Interactive

In other Rush Street Interactive news, insider Paul Wierbicki sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $30.12, for a total value of $301,200.00. Following the transaction, the insider directly 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kyle Sauers sold 23,000 shares of Rush Street Interactive stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $26.65, for a total transaction of $612,950.00. Following the sale, the chief financial officer directly owned 629,526 shares of the company’s stock, valued at $16,776,867.90. This represents a 3.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 614,002 shares of company stock valued at $17,350,367. 52.89% of the stock is currently owned by corporate insiders.

Rush Street Interactive Stock Up 1.8%

Shares of RSI stock opened at $25.17 on Wednesday. The stock has a 50-day moving average price of $29.86 and a 200 day moving average price of $24.71. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 86.79 and a beta of 1.59. Rush Street Interactive, Inc. has a 12 month low of $15.51 and a 12 month high of $34.53.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on RSI shares. New Street Research set a $35.00 target price on shares of Rush Street Interactive in a research report on Thursday, July 23rd. Citizens Jmp raised their price target on shares of Rush Street Interactive from $33.00 to $34.00 and gave the company a “market outperform” rating in a report on Thursday, July 30th. Weiss Ratings upgraded shares of Rush Street Interactive from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, August 3rd. JPMorgan Chase & Co. upped their price objective on Rush Street Interactive from $26.00 to $30.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. Finally, Wall Street Zen lowered Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $35.22.

Rush Street Interactive 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.