Keeping an Eye on DraftKings Inc (DKNG) After Insider Trading Activity

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DraftKings Inc’s recent filing unveils that its Chief Financial Officer Ellingson Alan Wayne unloaded Company’s shares for reported $0.25 million on Aug 15 ’25. In the deal valued at $43.53 per share,5,725 shares were sold. As a result of this transaction, Ellingson Alan Wayne now holds 172,824 shares worth roughly $7.9 million.

Then, Ellingson Alan Wayne bought 5,725 shares, generating $249,209 in total proceeds.

Before that, Moore Jocelyn sold 4,861 shares. DraftKings Inc shares valued at $210,044 were divested by the Director at a price of $43.21 per share. As a result of the transaction, Moore Jocelyn now holds 1,461 shares, worth roughly $66767.7.

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 Monday, DraftKings Inc [NASDAQ:DKNG] saw its stock jump 1.69% to $45.7. Over the last five days, the stock has gained 6.95%. DraftKings Inc shares have risen nearly 42.55% since the year began. Nevertheless, the stocks have risen 22.85% over the past one year. While a 52-week high of $53.61 was reached on 02/14/25, a 52-week low of $29.64 was recorded on 04/04/25.

Levels Of Support And Resistance For DKNG Stock

The 24-hour chart illustrates a support level at 44.97, which if violated will result in even more drops to 44.24. On the upside, there is a resistance level at 46.63. A further resistance level may holdings at 47.55.

How much short interest is there in DraftKings Inc?

A steep rise in short interest was recorded in DraftKings Inc stocks on 2025-07-31, growing by 4.34 million shares to a total of 33.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 29.12 million shares. There was a rise of 12.97%, 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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