The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. DraftKings Inc shares valued at $1,703,874 were sold by Dodge R Stanton on Apr 21 ’25. At $32.28 per share, Dodge R Stanton sold 52,777 shares. The insider’s holdings dropped to 601,520 shares worth approximately $20.56 million following the completion of this transaction.
Also, Dodge R Stanton purchased 52,777 shares, netting a total of over 1,703,805 in proceeds.
Before that, Liberman Paul had sold 643,654 shares from its account. In a trade valued at $25,071,608, the insider traded DraftKings Inc shares for $38.95 each. Upon closing the transaction, the insider’s holdings decreased to 643,654 shares, worth approximately $0.0.
As published in a research note from BTIG Research on April 22, 2025, DraftKings Inc [DKNG] has been retained to a Buy and the price target has been revised to $52. Analysts at Susquehanna resumed the stock at ‘”a Positive”‘ outlook in a report released in early January. As of October 18, 2024, Mizuho has reiterated its “an Outperform” rating for DKNG. Earlier on October 07, 2024, Susquehanna resumed its rating. Their recommendation was “a Positive” for DKNG stock.
Analyzing DKNG Stock Performance
During the last five days, there has been a surge of approximately 1.67%. Over the course of the year, DraftKings Inc shares have dropped approximately -8.12%. Shares of the company reached a 52-week high of $53.61 on 02/14/25 and a 52-week low of $29.64 on 04/04/25. A 50-day SMA is recorded $38.80, while a 200-day SMA reached $38.50.
Support And Resistance Levels for DraftKings Inc (DKNG)
According to the 24-hour chart, there is a support level at 33.83, which, if violated, would cause prices to drop to 33.48. In the upper region, resistance lies at 34.60. The next price resistance is at 35.02. RSI (Relative Strength Index) is 45.84 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.30, which suggests the price will decrease in the coming days. Percent R is at 35.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
