DraftKings Inc [DKNG] Chief Legal Officer makes an insider purchase of 52,777 shares worth 1.82 million.

Roman Campbell

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. DraftKings Inc shares valued at $1,824,536 were sold by Dodge R Stanton on Oct 17 ’25. At $34.57 per share, Dodge R Stanton sold 52,777 shares. The insider’s holdings dropped to 500,000 shares worth approximately $15.32 million following the completion of this transaction.

Also, Dodge R Stanton purchased 52,777 shares, netting a total of over 1,824,596 in proceeds.

Before that, BLIND 1212, LLC had added 15,000 shares to its account. In a trade valued at $518,414, the Affiliate bought DraftKings Inc shares for $34.56 each.

As published in a research note from Berenberg on October 09, 2025, DraftKings Inc [DKNG] has been rated up from a Hold to a Buy and the price target has been revised to $43. Analysts at Mizuho resumed the stock at ‘”an Outperform”‘ outlook in a report released in early October. As of October 06, 2025, Jefferies has reiterated its “Buy” rating for DKNG. Earlier on October 01, 2025, Northland Capital downgraded its rating. Their new recommendation was “an Under perform” for DKNG stock which previously was a “an Outperform”.

Analyzing DKNG Stock Performance

On last trading session, DraftKings Inc [NASDAQ: DKNG] plunged -1.64% to $30.65. The stock’s lowest price that day was $30.55, but it reached a high of $31.975 in the same session. During the last five days, there has been a drop of approximately -11.67%. Over the course of the year, DraftKings Inc shares have dropped approximately -15.96%. Shares of the company reached a 52-week high of $53.61 on 02/14/25 and a 52-week low of $29.64 on 04/04/25.

Support And Resistance Levels for DraftKings Inc (DKNG)

According to the 24-hour chart, there is a support level at 30.14, which, if violated, would cause prices to drop to 29.63. In the upper region, resistance lies at 31.57. The next price resistance is at 32.48. RSI (Relative Strength Index) is 27.59 on the 14-day chart, showing oversold technical sentiment.

Is DraftKings Inc subject to short interest?

Stocks of DraftKings Inc saw a sharp rise in short interest on 2025-10-15 jumping by 3.2 million shares to 35.03 million. Data from Yahoo Finance shows that the short interest on 2025-09-15 was 31.83 million shares. A jump of 9.13% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.97 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.97.

Which companies own the most shares of DraftKings Inc (DKNG)?

In terms of DraftKings Inc share price expectations, FactSet research, analysts set an average price target of 49 in the next 12 months, up nearly 57.25% from the previous closing price of $31.16. Analysts anticipate DraftKings Inc stock to reach 59 by 2025, with the lowest price target being 30. In spite of this, 37 analysts ranked DraftKings Inc stock as Buy at the end of 2025. On July 01, 2025, Citigroup assigned a price target of “a Buy” to the stock and reiterated coverage with a $58.

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