Monitoring DraftKings Inc (DKNG) after recent insider movements

DraftKings Inc’s recent filing unveils that its Officer Dodge R Stanton acquired Company’s shares for reported $4.65 million on Jul 18 ’25. In the deal valued at $44.02 per share,105,554 shares were bought.

Then, Dodge R Stanton sold 158,331 shares, generating $6,174,909 in total proceeds. Upon selling the shares at $39.00, the Chief Legal Officer now owns 504,381 shares.

Before that, Dodge R Stanton bought 158,331 shares. DraftKings Inc shares valued at $6,174,909 were divested by the Officer at a price of $39.00 per share.

Citigroup reiterated its DraftKings Inc [DKNG] rating to a Buy in a research note published on July 01, 2025; the price target was $58. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in late June with a ‘”an Overweight”‘ rating. Bernstein began covering DKNG with “an Outperform” recommendation on June 04, 2025. BTIG Research maintained its rating on April 22, 2025. It rated DKNG as “a Buy”.

Price Performance Review of DKNG

On Friday, DraftKings Inc [NASDAQ:DKNG] saw its stock fall -0.50% to $43.72. Over the last five days, the stock has gained 1.72%. DraftKings Inc shares have risen nearly 9.82% since the year began. Nevertheless, the stocks have risen 17.53% 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 04/04/25.

Levels Of Support And Resistance For DKNG Stock

The 24-hour chart illustrates a support level at 43.29, which if violated will result in even more drops to 42.85. On the upside, there is a resistance level at 44.12. A further resistance level may holdings at 44.51.

How much short interest is there in DraftKings Inc?

A steep rise in short interest was recorded in DraftKings Inc stocks on 2025-06-13, growing by 0.77 million shares to a total of 25.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 24.88 million shares. There was a rise of 2.98%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on January 08, 2025 when Susquehanna resumed its ‘”a Positive”‘ rating for the stock and retained the price target to $54.

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