In a filing, DraftKings Inc revealed 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 $21.63 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 $22.16 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 unchanged to $42.89. Over the last five days, the stock has gained 3.45%. DraftKings Inc shares have risen nearly 13.86% since the year began. Nevertheless, the stocks have risen 15.30% 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 42.28, which if violated will result in even more drops to 41.66. On the upside, there is a resistance level at 43.55. A further resistance level may holdings at 44.20.
How much short interest is there in DraftKings Inc?
A steep rise in short interest was recorded in DraftKings Inc stocks on 2025-06-13, growing by 0.77 million shares to a total of 25.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 24.88 million shares. There was a rise of 2.98%, which implies that there is a positive 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.
