Monitoring DraftKings Inc (DKNG) after recent insider movements

DraftKings Inc’s recently made public that its Officer Dodge R Stanton acquired Company’s shares for reported $5.0 million on Sep 02 ’25. In the deal valued at $47.37 per share,105,554 shares were bought.

Then, Moore Ryan R sold 76,390 shares, generating $3,507,499 in total proceeds. Upon selling the shares at $45.92, the Director now owns 402 shares.

Before that, Ellingson Alan Wayne sold 44,693 shares. DraftKings Inc shares valued at $2,006,716 were divested by the Chief Financial Officer at a price of $44.90 per share. As a result of the transaction, Ellingson Alan Wayne now holds 128,131 shares, worth roughly $6.14 million.

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 Tuesday, DraftKings Inc [NASDAQ:DKNG] saw its stock fall -0.15% to $47.91. Over the last five days, the stock has gained 2.13%. DraftKings Inc shares have risen nearly 39.48% since the year began. Nevertheless, the stocks have risen 28.79% 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 46.73, which if violated will result in even more drops to 45.54. On the upside, there is a resistance level at 48.52. A further resistance level may holdings at 49.12.

How much short interest is there in DraftKings Inc?

A steep rise in short interest was recorded in DraftKings Inc stocks on 2025-08-15, growing by 1.12 million shares to a total of 29.91 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 28.79 million shares. There was a rise of 3.74%, 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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