DraftKings Inc’s filing revealed that its Chief Legal Officer Dodge R Stanton unloaded Company’s shares for reported $1.77 million on Jun 02 ’25. In the deal valued at $33.49 per share,52,777 shares were sold. As a result of this transaction, Dodge R Stanton now holds 516,563 shares worth roughly $18.85 million.
Then, Moore Jocelyn sold 3,136 shares, generating $110,638 in total proceeds. Upon selling the shares at $35.28, the Director now owns 5,947 shares.
Before that, Dodge R Stanton bought 52,777 shares. DraftKings Inc shares valued at $1,799,168 were divested by the Officer at a price of $34.09 per share.
Bernstein initiated its DraftKings Inc [DKNG] rating to an Outperform in a research note published on June 04, 2025; the price target was $46. A number of analysts have revised their coverage, including BTIG Research’s analysts, who remained covering the stock and in late April has reiterated a ‘”a Buy”‘ rating for it. Susquehanna also remained covering DKNG and reiterated its “Positive” recommendation on January 08, 2025. Mizuho maintained its rating on October 18, 2024. It rated DKNG as “an Outperform”.
Price Performance Review of DKNG
On Friday, DraftKings Inc [NASDAQ:DKNG] saw its stock fall -3.90% to $36.50. Over the last five days, the stock has gained 1.93%. DraftKings Inc shares have fallen nearly -1.88% since the year began. Nevertheless, the stocks have fallen -4.55% 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 35.88, which if violated will result in even more drops to 35.26. On the upside, there is a resistance level at 37.48. A further resistance level may holdings at 38.45.
How much short interest is there in DraftKings Inc?
A steep rise in short interest was recorded in DraftKings Inc stocks on 2025-05-30, dropping by -0.82 million shares to a total of 26.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 27.8 million shares. There was a decline of -3.04%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 07, 2024 when Susquehanna resumed its ‘”a Positive”‘ rating for the stock and retained the price target to $50.
