DraftKings Inc’s recent filing unveils that its Chief Legal Officer Dodge R Stanton unloaded Company’s shares for reported $6.17 million on Jun 18 ’25. In the deal valued at $39.00 per share,158,331 shares were sold. As a result of this transaction, Dodge R Stanton now holds 504,381 shares worth roughly $20.91 million.
Then, Dodge R Stanton bought 158,331 shares, generating $6,174,909 in total proceeds.
Before that, Dodge R Stanton sold 52,777 shares. DraftKings Inc shares valued at $1,767,549 were divested by the Chief Legal Officer at a price of $33.49 per share. As a result of the transaction, Dodge R Stanton now holds 516,563 shares, worth roughly $21.42 million.
JP Morgan initiated its DraftKings Inc [DKNG] rating to an Overweight in a research note published on June 23, 2025; the price target was $50. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in early June with a ‘”an Outperform”‘ rating. BTIG Research also remained covering DKNG and reiterated its “Buy” recommendation on April 22, 2025. Susquehanna maintained its rating on January 08, 2025. It rated DKNG as “a Positive”.
Price Performance Review of DKNG
On Monday, DraftKings Inc [NASDAQ:DKNG] saw its stock jump 2.35%% to $41.46. Over the last five days, the stock has gained 13.59%. DraftKings Inc shares have fallen nearly -4.14% since the year began. Nevertheless, the stocks have risen 11.45% 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 40.44, which if violated will result in even more drops to 39.42. On the upside, there is a resistance level at 42.01. A further resistance level may holdings at 42.56.
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 18, 2024 when Mizuho resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $62.
