$90,000 of DRAFTKINGS INC. lobbying was just disclosed, from Q4 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; and S.2773, the WAGER Act. Monitor legislation to restore full deductibility of wagering losses against winnings, including 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 19 times in the past 6 months. Of those trades, 2 have been purchases and 17 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 2 sales selling 420,000 shares for an estimated $17,971,800.
- R STANTON DODGE (Chief Legal Officer) has made 0 purchases and 9 sales selling 369,439 shares for an estimated $14,849,295.
- 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 58,839 shares for an estimated $2,502,070.
- HARRY SLOAN purchased 25,000 shares for an estimated $757,500
- GREGORY WESTIN WENDT purchased 10,000 shares for an estimated $302,700
- JOCELYN MOORE sold 4,861 shares for an estimated $210,043
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
DKNG Hedge Fund Activity
We have seen 402 institutional investors add shares of DKNG stock to their portfolio, and 382 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VIKING GLOBAL INVESTORS LP added 15,003,351 shares (+inf%) to their portfolio in Q3 2025, for an estimated $561,125,327
- CITADEL ADVISORS LLC removed 6,989,608 shares (-86.6%) from their portfolio in Q3 2025, for an estimated $261,411,339
- WHALE ROCK CAPITAL MANAGEMENT LLC removed 5,339,131 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $199,683,499
- FRANKLIN RESOURCES INC removed 4,541,385 shares (-99.8%) from their portfolio in Q3 2025, for an estimated $169,847,799
- AQR CAPITAL MANAGEMENT LLC added 4,538,007 shares (+63.5%) to their portfolio in Q3 2025, for an estimated $169,721,461
- WELLINGTON MANAGEMENT GROUP LLP removed 3,816,942 shares (-16.3%) from their portfolio in Q3 2025, for an estimated $142,753,630
- SAMLYN CAPITAL, LLC removed 2,627,497 shares (-52.4%) from their portfolio in Q3 2025, for an estimated $98,268,387
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:
- Wells Fargo issued a "Overweight" rating on 01/15/2026
- Needham issued a "Buy" rating on 11/19/2025
- Mizuho issued a "Outperform" rating on 11/13/2025
- JP Morgan issued a "Overweight" rating on 11/10/2025
- Truist Securities issued a "Buy" rating on 11/10/2025
- Bernstein issued a "Outperform" rating on 11/10/2025
- Susquehanna issued a "Positive" rating on 11/10/2025
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 25 analysts offer price targets for $DKNG in the last 6 months, with a median target of $46.0.
Here are some recent targets:
- Ed Young from Morgan Stanley set a target price of $53.0 on 01/16/2026
- Trey Bowers from Wells Fargo set a target price of $49.0 on 01/15/2026
- Barry Jonas from Truist Securities set a target price of $43.0 on 12/22/2025
- Clark Lampen from BTIG set a target price of $45.0 on 12/05/2025
- Bernie McTernan from Needham set a target price of $52.0 on 11/19/2025
- Ben Chaiken from Mizuho set a target price of $46.0 on 11/13/2025
- Brandt Montour from Barclays set a target price of $40.0 on 11/10/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
