In a filing, DraftKings Inc revealed its Chief Financial Officer Ellingson Alan Wayne unloaded Company’s shares for reported $0.25 million on May 16 ’25. In the deal valued at $36.77 per share,6,829 shares were sold. As a result of this transaction, Ellingson Alan Wayne now holds 171,268 shares worth roughly $6.32 million.
Then, Ellingson Alan Wayne bought 6,829 shares, generating $251,102 in total proceeds.
Before that, Kalish Matthew sold 210,000 shares. DraftKings Inc shares valued at $7,951,548 were divested by the insider at a price of $37.86 per share. As a result of the transaction, Kalish Matthew now holds 4,155,130 shares, worth roughly $153.32 million.
BTIG Research reiterated its DraftKings Inc [DKNG] rating to a Buy in a research note published on April 22, 2025; the price target was $52. A number of analysts have revised their coverage, including Susquehanna’s analysts, who remained covering the stock and in early January has reiterated a ‘”a Positive”‘ rating for it. Mizuho also remained covering DKNG and reiterated its “an Outperform” recommendation on October 18, 2024. Susquehanna maintained its rating on October 07, 2024. It rated DKNG as “a Positive”.
Price Performance Review of DKNG
On Friday, DraftKings Inc [NASDAQ:DKNG] saw its stock jump 0.79% to $36.90. Over the last five days, the stock has gained 1.85%. DraftKings Inc shares have fallen nearly -0.81% since the year began. Nevertheless, the stocks have fallen -16.38% 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 04/04/25. SMA at 50 days reached $35.53, while 200 days put it at $38.34.
Levels Of Support And Resistance For DKNG Stock
The 24-hour chart illustrates a support level at 36.45, which if violated will result in even more drops to 36.01. On the upside, there is a resistance level at 37.17. A further resistance level may holdings at 37.45. The Relative Strength Index (RSI) on the 14-day chart is 56.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.87, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 29.83%. Stochastics %K at 75.58% indicates the stock is a holding.
