Insider Trading February 4, 2026

Rush Street Interactive COO Disposes $353,386 in Class A Shares

Sale executed under 10b5-1 plan as company prepares to report February earnings; analysts hold mixed valuations

By Priya Menon RSI
Rush Street Interactive COO Disposes $353,386 in Class A Shares
RSI

Rush Street Interactive COO Mattias Stetz sold 20,000 Class A shares on February 2, 2026, for $353,386 under a pre-arranged 10b5-1 plan. The online gaming operator, valued at about $4 billion, trades below InvestingPro's Fair Value even as its stock is up nearly 17% over the past year. Analysts' price targets range from $20 to $29; Benchmark reaffirmed a Buy with a $24 target while noting Colombia tax changes that will reduce 2025 revenue and adjusted EBITDA.

Key Points

  • COO Mattias Stetz sold 20,000 Class A shares on February 2, 2026, for $353,386 under a 10b5-1 plan.
  • Post-sale, Stetz directly owns 289,624 shares and indirectly owns 165,448 shares through his spouse.
  • InvestingPro rates RSI's financial condition as "GREAT" but indicates the stock trades below its Fair Value; analyst targets range from $20 to $29.

Rush Street Interactive (NASDAQ:RSI) Chief Operating Officer Mattias Stetz completed the sale of 20,000 Class A Common Stock shares on February 2, 2026, generating total proceeds of $353,386. The transaction was carried out under a pre-established 10b5-1 trading arrangement.

The shares were disposed of at a weighted average price of $17.6693. Individual trade prices recorded within the sale ranged from $17.18 to $18.13.

After the sale, Stetz retains direct ownership of 289,624 Rush Street Interactive shares. He also holds an indirect stake of 165,448 shares through his spouse.

Rush Street Interactive is currently valued at roughly $4 billion. Despite episodes of volatility, the company’s stock has risen nearly 17% over the past 12 months.

InvestingPro data cited alongside the transaction notes that RSI is trading below its Fair Value, with analyst price targets spanning $20 to $29. InvestingPro’s coverage also rates the company’s overall financial condition as "GREAT." Subscribers can access a Pro Research Report for RSI and more than 10 additional ProTips on the InvestingPro platform.

Market watchers will have an additional data point when Rush Street Interactive reports quarterly results on February 17.


In related analyst activity, Benchmark has reaffirmed a Buy rating on Rush Street Interactive and set a price target of $24.00. The firm highlighted altered tax treatment in Colombia as a factor reshaping near-term prospects, with those changes expected to reduce Rush Street Interactive’s 2025 revenue by approximately $70 million and adjusted EBITDA by $25-30 million.

Also noted in recent research coverage, Citizens maintained a Market Outperform rating for Caesars Entertainment with a $37.00 price target, and discussed considerations related to betting exchanges and their potential effects on established gaming operators.

The stakes and commentary around Rush Street Interactive come as investors and analysts reconcile near-term headwinds - including the Colombia tax changes identified by Benchmark - with the company’s current valuation metrics and recent share-price appreciation.

Risks

  • Colombia tax framework changes are expected to lower Rush Street Interactive's 2025 revenue by about $70 million and reduce adjusted EBITDA by $25-30 million - impacting gaming sector earnings and margins.
  • The company’s stock has experienced volatility despite a near 17% gain over the past year, introducing short-term market risk for equity holders.
  • Trading below InvestingPro's Fair Value suggests valuation uncertainty that could affect investor sentiment in the online gaming and broader equities markets.

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