DraftKings Inc’s filing revealed that its Director Moore Jocelyn acquired Company’s shares for reported $0.11 million on May 30 ’25. In the deal valued at $35.28 per share,3,136 shares were bought.
Then, Ellingson Alan Wayne sold 6,829 shares, generating $251,102 in total proceeds. Upon selling the shares at $36.77, the Chief Financial Officer now owns 171,268 shares.
Before that, Ellingson Alan Wayne bought 6,829 shares. DraftKings Inc shares valued at $251,102 were divested by the Officer at a price of $36.77 per share.
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 $35.88. Over the last five days, the stock has gained 2.90%. DraftKings Inc shares have fallen nearly -3.55% since the year began. Nevertheless, the stocks have fallen -1.99% 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 $35.08, while 200 days put it at $38.50.
Levels Of Support And Resistance For DKNG Stock
The 24-hour chart illustrates a support level at 35.11, which if violated will result in even more drops to 34.33. On the upside, there is a resistance level at 36.30. A further resistance level may holdings at 36.71. The Relative Strength Index (RSI) on the 14-day chart is 51.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.46%. Stochastics %K at 28.42% indicates the stock is a holding.
