DKNG (DraftKings Inc) may reap gains as insiders became active recently

In a filing, DraftKings Inc revealed its Chief Legal Officer Dodge R Stanton unloaded 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 sold. As a result of this transaction, Dodge R Stanton now holds 512,181 shares worth roughly $23.51 million.

Then, Dodge R Stanton bought 105,554 shares, generating $5,000,177 in total proceeds.

Before that, Moore Ryan R sold 76,390 shares. DraftKings Inc shares valued at $3,507,499 were divested by the Director at a price of $45.92 per share. As a result of the transaction, Moore Ryan R now holds 402 shares, worth roughly $18455.82.

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 -0.89% to $45.91. Over the last five days, the stock has lost -4.17%. DraftKings Inc shares have risen nearly 28.49% since the year began. Nevertheless, the stocks have risen 23.41% 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 45.40, which if violated will result in even more drops to 44.89. On the upside, there is a resistance level at 46.46. A further resistance level may holdings at 47.02.

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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