$80,000 of DRAFTKINGS INC. lobbying was just disclosed, from Q3 of 2025, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Monitor sports gaming issues and legislation. Educate about the company's business model. Monitor legislation to amend the Internal Revenue Code of 1986 to repeal Chapter 35 (relating to taxes on wagering), including H.R. 1440, the Discriminatory Gaming Tax Repeal Act of 2025; S.2773, the WAGER Act; H.R.4630, the WAGER Act of 2025; S.2230, the FULL HOUSE Act; and H.R. 4304, the Fair Accounting for Income Realized from Betting Earnings Taxation Act. Educate Members of Congress on tax administration challenges, IRS tax treatment, and the need for guidance on sports gaming issues. Monitor CFTC activity on event contracts."
You can find more data on corporate lobbying on Quiver Quantitative.
DKNG Insider Trading Activity
DKNG insiders have traded $DKNG stock on the open market 23 times in the past 6 months. Of those trades, 0 have been purchases and 23 have been sales.
Here’s a breakdown of recent trading of $DKNG stock by insiders over the last 6 months:
- MATTHEW KALISH (See Remarks) has made 0 purchases and 5 sales selling 840,000 shares for an estimated $33,867,648.
- R STANTON DODGE (Chief Legal Officer) has made 0 purchases and 11 sales selling 633,324 shares for an estimated $25,745,863.
- RYAN R MOORE has made 0 purchases and 2 sales selling 76,390 shares for an estimated $3,507,498.
- ALAN WAYNE ELLINGSON (Chief Financial Officer) has made 0 purchases and 3 sales selling 57,247 shares for an estimated $2,507,027.
- JOCELYN MOORE has made 0 purchases and 2 sales selling 7,997 shares for an estimated $320,681.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
DKNG Hedge Fund Activity
We have seen 414 institutional investors add shares of DKNG stock to their portfolio, and 377 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP added 4,326,588 shares (+22.7%) to their portfolio in Q2 2025, for an estimated $185,567,359
- BROWN ADVISORY INC added 4,048,680 shares (+53272.1%) to their portfolio in Q2 2025, for an estimated $173,647,885
- BLACKROCK, INC. removed 3,679,199 shares (-12.4%) from their portfolio in Q2 2025, for an estimated $157,800,845
- POINT72 ASSET MANAGEMENT, L.P. removed 3,247,937 shares (-99.7%) from their portfolio in Q2 2025, for an estimated $139,304,017
- MARSHALL WACE, LLP removed 2,640,717 shares (-90.5%) from their portfolio in Q2 2025, for an estimated $113,260,352
- AGF MANAGEMENT LTD removed 2,517,982 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $107,996,247
- AQR CAPITAL MANAGEMENT LLC added 2,451,421 shares (+52.2%) to their portfolio in Q2 2025, for an estimated $105,141,446
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
DKNG Analyst Ratings
Wall Street analysts have issued reports on $DKNG in the last several months. We have seen 20 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Susquehanna issued a "Positive" rating on 10/14/2025
- Berenberg issued a "Buy" rating on 10/09/2025
- Mizuho issued a "Outperform" rating on 10/07/2025
- Jefferies issued a "Buy" rating on 10/06/2025
- BTIG issued a "Buy" rating on 10/02/2025
- Benchmark issued a "Buy" rating on 10/02/2025
- Northland Capital Markets issued a "Underperform" rating on 10/01/2025
To track analyst ratings and price targets for DKNG, check out Quiver Quantitative's $DKNG forecast page.
DKNG Price Targets
Multiple analysts have issued price targets for $DKNG recently. We have seen 22 analysts offer price targets for $DKNG in the last 6 months, with a median target of $53.5.
Here are some recent targets:
- Joseph Stauff from Susquehanna set a target price of $59.0 on 10/14/2025
- Jack Cummins from Berenberg set a target price of $43.0 on 10/09/2025
- Ben Chaiken from Mizuho set a target price of $54.0 on 10/07/2025
- David Katz from Jefferies set a target price of $52.0 on 10/06/2025
- Clark Lampen from BTIG set a target price of $45.0 on 10/02/2025
- Mike Hickey from Benchmark set a target price of $43.0 on 10/02/2025
- Jed Kelly from Oppenheimer set a target price of $55.0 on 10/01/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
