Taking a look at what insiders are doing to gauge the DraftKings Inc (DKNG)’s direction

Anna Perez

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. DraftKings Inc shares valued at $40,967,939 were purchased by Matthew Kalish on Nov 24 ’25. At $29.44 per share, Matthew Kalish acquired 1,391,574 shares.

Also, Ellingson Alan Wayne sold 8,421 shares, netting a total of over 246,146 in proceeds. Following the sale of shares at $29.23 each, the insider now holds 126,990 shares.

Before that, Ellingson Alan Wayne had added 8,421 shares to its account. In a trade valued at $246,146, the Officer bought DraftKings Inc shares for $29.23 each.

As published in their initiating research note from Citigroup on November 21, 2025, DraftKings Inc [DKNG] has been a Buy and the price target has been revised to $48. Analysts at Wells Fargo started covering the stock with ‘”an Equal weight”‘ outlook in a report released in mid November. As of November 10, 2025, Northland Capital has increased its “an Under perform” rating to a “Market perform” for DKNG. Earlier on November 04, 2025, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for DKNG stock which previously was a “a Buy”.

Analyzing DKNG Stock Performance

On last trading session, DraftKings Inc [NASDAQ: DKNG] rose 1.67% to $32.2. The stock’s lowest price that day was $31.7, but it reached a high of $32.955 in the same session. During the last five days, there has been a surge of approximately 10.96%. Over the course of the year, DraftKings Inc shares have dropped approximately -25.27%. Shares of the company reached a 52-week high of $53.61 on 02/14/25 and a 52-week low of $26.23 on 11/07/25.

Support And Resistance Levels for DraftKings Inc (DKNG)

According to the 24-hour chart, there is a support level at 31.61, which, if violated, would cause prices to drop to 31.03. In the upper region, resistance lies at 32.87. The next price resistance is at 33.54. RSI (Relative Strength Index) is 54.29 on the 14-day chart, showing neutral technical sentiment.

Is DraftKings Inc subject to short interest?

Stocks of DraftKings Inc saw a sharp steep in short interest on 2025-11-14 dropping by -0.87 million shares to 34.16 million. Data from Yahoo Finance shows that the short interest on 2025-10-15 was 35.03 million shares. A decline of -2.54% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.74 of the overall float, the days-to-cover ratio (short ratio) decline to 1.74.

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 51 in the next 12 months, up nearly 61.04% from the previous closing price of $31.67. Analysts anticipate DraftKings Inc stock to reach 63 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 October 09, 2025, Berenberg assigned a price target of “a Buy” to the stock and upgraded coverage with a $43.

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