DraftKings Inc’s filing revealed that its Director Moore Jocelyn acquired Company’s shares for reported $0.14 million on Mar 06 ’25. In the deal valued at $42.00 per share,3,420 shares were bought.
Then, Kalish Matthew sold 210,000 shares, generating $9,097,836 in total proceeds. Upon selling the shares at $43.32, the insider now owns 4,138,049 shares.
Before that, Kalish Matthew sold 210,000 shares. DraftKings Inc shares valued at $8,527,790 were divested by the insider at a price of $40.61 per share. As a result of the transaction, Kalish Matthew now holds 4,140,509 shares, worth roughly $163.18 million.
Susquehanna reiterated its DraftKings Inc [DKNG] rating to a Positive in a research note published on January 08, 2025; the price target was $54. A number of analysts have revised their coverage, including Mizuho’s analysts, who remained covering the stock and in mid October has reiterated a ‘”an Outperform”‘ rating for it. Susquehanna also remained covering DKNG and reiterated its “Positive” recommendation on October 07, 2024. Exane BNP Paribas revised its rating on September 10, 2024. It rated DKNG as “a Neutral” which previously was an “an Underperform”.
Price Performance Review of DKNG
On Friday, DraftKings Inc [NASDAQ:DKNG] saw its stock fall -1.72% to $39.41. Over the last five days, the stock has lost -10.15%. DraftKings Inc shares have risen nearly 5.94% since the year began. Nevertheless, the stocks have fallen -7.53% over the past one year. While a 52-week high of $53.61 was reached on 02/14/25, a 52-week low of $28.69 was recorded on 01/03/25. SMA at 50 days reached $41.76, while 200 days put it at $39.02.
Levels Of Support And Resistance For DKNG Stock
The 24-hour chart illustrates a support level at 37.17, which if violated will result in even more drops to 34.94. On the upside, there is a resistance level at 40.99. A further resistance level may holdings at 42.58. The Relative Strength Index (RSI) on the 14-day chart is 40.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.98%. Stochastics %K at 17.30% indicates the stock is a buying.
The most recent change occurred on September 04, 2024 when UBS resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $58.
