DraftKings Inc’s recent filing unveils that its insider Liberman Paul unloaded Company’s shares for reported $25.07 million on Mar 25 ’25. In the deal valued at $38.95 per share,643,654 shares were sold. As a result of this transaction, Liberman Paul now holds 0 shares worth roughly $0.0.
Then, Liberman Paul bought 643,654 shares, generating $26,067,987 in total proceeds.
Before that, Dodge R Stanton sold 52,777 shares. DraftKings Inc shares valued at $2,058,303 were divested by the Chief Legal Officer at a price of $39.00 per share. As a result of the transaction, Dodge R Stanton now holds 653,843 shares, worth roughly $23.07 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 -4.72% to $35.29. Over the last five days, the stock has lost -10.64%. DraftKings Inc shares have fallen nearly -5.13% since the year began. Nevertheless, the stocks have fallen -27.51% 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 03/28/25. SMA at 50 days reached $41.73, while 200 days put it at $38.99.
Levels Of Support And Resistance For DKNG Stock
The 24-hour chart illustrates a support level at 34.60, which if violated will result in even more drops to 33.92. On the upside, there is a resistance level at 36.42. A further resistance level may holdings at 37.55. The Relative Strength Index (RSI) on the 14-day chart is 36.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.01%. Stochastics %K at 17.05% indicates the stock is a buying.
How much short interest is there in DraftKings Inc?
A steep rise in short interest was recorded in DraftKings Inc stocks on 2025-03-14, dropping by -3.19 million shares to a total of 23.73 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 26.92 million shares. There was a decline of -13.44%, which implies that there is a negative sentiment for the stock.
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.
