Form 4 DraftKings Inc For: 3 October By Investing.com
This article announces the filing of a Form 4 for DraftKings Inc. on October 3rd. It is a brief notification from Investing.com, typical for regulatory filings by publicly traded companies. The content provides no further details beyond the filing date and company name.
DraftKings Shares Near Three-Year Low as Sector Slides
DraftKings (DKNG) shares have fallen to a three-year low, trading near $18.55 after closing at $19, the lowest since April 2023. This decline follows a Q2 2026 revenue drop to $1.44 billion from $1.51 billion year-over-year, alongside a net loss of $67.6 million, compared to a profit in the prior year. The broader online betting sector is also facing pressure from increased competition and scrutiny over promotional practices.
DraftKings Driving Product Innovation To Support Its Brand Advantage Amid Regulatory Headwinds
The article highlights DraftKings' strong product innovation and risk management capabilities, which are driving success in its sportsbook business and are expected to bolster its competitive position in the prediction market. These advantages are considered the source of its narrow economic moat. A related note suggests that a tougher regulatory landscape has lowered valuations for DraftKings and Flutter, but DraftKings shares remain cheap.
Gross margin % of DraftKings, Inc. Class A – HAN:IK1
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Price to earnings ratio of DraftKings, Inc. Class A – HAN:IK1
The article displays the price-to-earnings ratio for DraftKings, Inc. Class A (HAN:IK1) on the Hannover Stock Exchange. It provides a snapshot of the financial data and indicates that the market was closed with no trades at the time of viewing. The content is primarily a data point within a financial platform, showing period value and change.
DraftKings, Inc. Class A Revenue Breakdown – HAN:IK1
DraftKings, Inc. Class A (HAN:IK1) generated 5.15 billion EUR in revenue last year, with its Sportsbook segment being the highest contributor at 3.26 billion EUR, an increase from 2.80 billion EUR in the prior year. The United States was the primary geographic contributor, accounting for 5.02 billion EUR of the revenue. This data highlights the company's key revenue drivers by segment and region.
DraftKings (NASDAQ: DKNG) director to sell $259K in stock
DraftKings director Jocelyn Moore plans to sell 10,759 shares of Class A common stock, valued at approximately $258,753.95, through Fidelity Brokerage Services LLC. These shares are from restricted stock vesting awards received as compensation between 2023 and 2026. The sale is being made pursuant to a Rule 10b5-1 trading plan.
DraftKings CLO Stanton Reports Vesting of 34,721 RSUs and Tax Withholding on September 1, 2026
DraftKings CLO Stanton Dodge R reported the vesting of 34,721 Restricted Stock Units (RSUs) on September 1, 2026, alongside the withholding of 15,193 shares by DraftKings for tax obligations at $23.44 per share. These transactions, detailed in a Form 4 filing on September 3, 2026, show Stanton's direct ownership of 577,445 shares of Class A Common Stock and 283,366 remaining unvested RSUs. No open-market share sales occurred, only shares withheld for taxes.
Benchmark reiterates DraftKings stock Buy rating amid NY betting data By Investing.com
Benchmark has reiterated a Buy rating and a $30.00 price target for DraftKings Inc. (NASDAQ:DKNG), citing the stock as undervalued based on its Fair Value assessment despite a 27% year-to-date decline in shares. The report notes insights from New York online sports betting data, including handle and gross gaming revenue performance for DraftKings and competitors, and discusses the potential impact of prediction markets like Kalshi on the company. Analyst reports from Mizuho and Truist Securities also maintain positive outlooks for DraftKings, highlighting growth indicators and customer acquisition trends.
Bank of New York Mellon Corp Purchases New Stake in DraftKings Inc. $DKNG
Bank of New York Mellon Corp has acquired a new stake of 950,668 shares in DraftKings Inc., valued at approximately $24 million, making them one of several institutional investors increasing their positions in the company. DraftKings, which has a "Moderate Buy" consensus rating from analysts, recently beat EPS expectations but missed revenue targets, with revenue declining year-over-year. The company's stock performance and future growth are influenced by regulatory clarity, its "Predictions" product, recent refinancing, and governance concerns.
DraftKings Inc. Class A (DKNG) Financials – Balance Sheet, Profit & Loss, Cash Flow
This article provides a detailed financial overview of DraftKings Inc. Class A (DKNG), including its balance sheet, profit and loss statement, and cash flow data. It presents key financial figures, ratios, and growth metrics over several fiscal years, up to the trailing twelve months (TTM) ending December 2025. The data indicates some recent profitability but also highlights past losses and varying financial performance across different metrics.
DraftKings (NASDAQ:DKNG) Stock Price Up 5.6% - Here's What Happened
DraftKings (NASDAQ:DKNG) shares rose 5.6% to $25.58 on Friday, with trading volume significantly below average. Analysts generally maintain a "Moderate Buy" rating with a consensus price target of $34.11, despite the company remaining unprofitable and experiencing a 4.6% year-over-year revenue decline. The company did beat quarterly earnings expectations, reporting $0.09 per share against a $0.02 consensus estimate.
Tenth Man Spins New Work For DraftKings
The Tenth Man creative agency has launched a new campaign for DraftKings Inc. called "Spin Your Way." The campaign highlights the excitement and reward-earning opportunities of DraftKings Casino, emphasizing flexibility and diverse gaming experiences. It is available in five U.S. states and two Canadian provinces where online casino play is permitted.
DraftKings director Jocelyn Moore sells $258,753 of stock
DraftKings director Jocelyn Moore sold 10,759 shares of Class A Common Stock for $258,753 through a pre-arranged 10b5-1 plan. She also transferred 5,672 shares from a trust to her direct ownership. These transactions come as DraftKings' stock has declined significantly year-to-date, despite the company's recent Q2 revenue miss being met with continued positive analyst ratings.
AQR Capital Management (DKNG) reports 29.7M-share beneficial stake in DraftKings
AQR Capital Management, through its entities, has reported a beneficial ownership of 29,668,714 shares of DraftKings Inc. Class A common stock, which accounts for 5.98% of the total class. This filing indicates that AQR has shared voting power over 28,894,920 shares and shared dispositive power over all beneficially owned shares, with a minor portion held through Convertible Notes. Both AQR entities are based in Greenwich, Connecticut, and are classified as a parent holding company and an investment manager.
DraftKings Seeing Increasing Sportsbook and Predictive Betting Demand, Illustrating an Advantage
DraftKings is experiencing increased demand in its core sportsbook business and predictive betting products, driven by its risk management and product innovation. These capabilities are seen as the source of its narrow moat and are expected to strengthen its competitive position and drive growth in the prediction market.
DraftKings Inc. (NASDAQ: DKNG) grants 10,588 RSUs to board member
DraftKings Inc. director Ryan R. Moore received a grant of 10,588 Restricted Stock Units (RSUs) on August 4, 2026, as an annual equity grant. These RSUs will vest in full on the earlier of the company's 2027 annual shareholder meeting or the first anniversary of the grant date. Following this transaction, Moore directly holds 10,588 RSUs, each representing a contingent right to receive one share of Class A common stock.
DraftKings Earnings: Core Sportsbook and Predictive Products Resonating With Users; Shares Cheap
DraftKings' Q2 sales saw a 5% decrease, primarily due to a customer-friendly outcome (house unlucky) headwind, and adjusted EBITDA dropped 62% because of predictive product expenditures. Despite this, the company maintained its full-year revenue and EBITDA guidance, leading to a 7% rise in shares during August 7 trading. The article suggests that DraftKings' core sportsbook and predictive products are resonating with users, and its shares are considered cheap.
Class Action Lawsuit Claims DraftKings Is Dodging State Gambling Laws
A class action lawsuit has been filed against DraftKings, alleging that its "Predictions" market is an illegal attempt to circumvent state gambling laws, particularly in states where sports betting is prohibited. The lawsuit claims that over two-thirds of the trading volume on DraftKings Predictions occurred in states where sports betting is illegal, generating significant profits for the company by exploiting legal ambiguities. This complaint is part of a growing number of lawsuits against sports betting platforms that accuse them of fostering gambling addiction and operating in defiance of state regulations.
DraftKings Inc. (DKNG) CLO reports RSU vesting and tax-share withholding
DraftKings' Chief Legal Officer, Dodge R. Stanton, reported the vesting of 1,476 restricted stock units (RSUs) into Class A Common shares on August 1, 2026. Of these, 646 shares were withheld for tax obligations at $23.48 per share. Following this transaction, Stanton retains 10,329 outstanding RSUs and has a new grant of 17,707 RSUs vesting monthly over one year from March 1, 2026.
Enterprise value to revenue forward of DraftKings, Inc. Class A – BX:DKNG
This article displays the "Enterprise value to revenue forward" metric for DraftKings, Inc. Class A (BX:DKNG) on TradingView. It provides a table showing the period, value, change, and percentage change for this financial metric. The content is focused on financial data presentation within the TradingView platform.
BlackRock (NYSE: BLK) discloses 4.4% beneficial stake in DraftKings (DKNG)
BlackRock, Inc. has filed a SCHEDULE 13G/A report disclosing a 4.4% beneficial ownership stake in DraftKings Inc.'s Class A stock. This represents 21,938,009 shares, with BlackRock having sole voting power over 20,982,354 shares and sole dispositive power over all beneficially owned shares. The filing specifies that these holdings are managed by certain BlackRock business units and no single underlying person holds more than five percent of DraftKings' total outstanding common shares.
Weekly Recap: Q2 2026 earnings and DraftKings lawsuit vs Philadelphia
DraftKings (DKNG) is set to report its Q2 2026 earnings after the market closes on August 6, 2026, with a conference call scheduled for August 7. The company is also involved in a lawsuit against Philadelphia concerning a consumer protection ordinance and anticipates a decline in Q3 betting volume compared to Q2, which benefited from major sports events.
DraftKings class action alleges data broker software used to track website visitors
A new class action lawsuit has been filed against DraftKings, alleging that the company used data broker software to secretly collect sensitive data from website visitors. Plaintiff Dana Hughes claims DraftKings partnered with data brokers like NextRoll, Trade Desk, and Comscore to create user profiles without consent, violating California's Trap and Trace Law and common law duties. The lawsuit seeks to represent a nationwide class of individuals who visited the DraftKings website from California and had their data tracked this way.
DraftKings Faces Class Action Lawsuit Over Sale of Consumer Data
DraftKings is facing a class-action lawsuit alleging it secretly collects and shares personal information from website visitors with third-party data brokers without consent, violating California privacy laws. The lawsuit claims DraftKings uses tracking technology, including "browser fingerprinting," to create user profiles, monitor online activity, and deliver targeted advertising. This complaint adds to existing legal challenges against DraftKings, which also include allegations of preying on vulnerable gamblers and causing addiction through aggressive promotions and app features.
DraftKings: Misguided Predictive Competition Concerns Provide an Investment Opportunity
DraftKings' shares have fallen significantly over the past year due to investor fears surrounding predictive competition impacting its core sportsbook business. However, this article argues that predictive markets actually present more opportunities than risks for DraftKings. The author believes these concerns are misguided, suggesting an investment opportunity for the company.
IK1 Forecast — Price Target — Prediction for 2027
This article provides a detailed forecast for DraftKings, Inc. Class A (IK1) stock, including current price, analyst ratings, price targets, earnings reports, and financial metrics. It highlights the company's recent performance, volatility, market capitalization, and upcoming earnings release. The information is presented by TradingView, emphasizing that it is not investment advice.
DraftKings, Inc. Class A Actuals & Estimates (NASDAQ:DKNG)
This article provides an overview of DraftKings Inc. (NASDAQ: DKNG) stock, including its current price, market capitalization, volatility, and analyst forecasts. It also details the company's recent financial performance, such as earnings per share and revenue for previous quarters, and announces the date for the next earnings release. Key metrics like EBITDA and employee count are also presented.
Price to earnings forward of DraftKings, Inc. Class A – XETR:IK1
This article displays the forward price-to-earnings ratio for DraftKings, Inc. Class A (XETR:IK1) on TradingView. It shows that there is no current value or change information available for this financial metric, indicating a lack of recent data or transactions. The content focuses on the financial overview for the company's stock, suggesting data for this specific metric might not be updated or provided.
Illinois Man Who Bet $2 Million Sues DraftKings Over Gambling Addiction
An Illinois man is suing DraftKings, alleging the betting firm exploited his gambling addiction, causing him to lose over $2 million, including his wedding fund and his job. The 32-year-old claims DraftKings' algorithms and VIP program fueled his addiction, leading to severe physical and mental harm. This lawsuit is part of a growing trend of litigation against sportsbooks and social media companies regarding addictive platform designs.
DraftKings, Inc. Class A Actuals & Estimates (FWB:IK1)
This article provides an overview of DraftKings, Inc. Class A (FWB:IK1) stock performance, financial actuals, and analyst estimates. It details the current stock price, historical highs and lows, market capitalization, and upcoming earnings reports, alongside various financial metrics like revenue, net income, and EBITDA. The content also includes analyst price targets and technical analysis signals for potential investors.
Price to sales forward of DraftKings, Inc. Class A – XETR:IK1
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DraftKings chief legal officer sells $1.85m in stock By Investing.com
DraftKings' Chief Legal Officer, Dodge R Stanton, sold 62,500 shares of Class A Common Stock for over $1.85 million on June 11, 2026, as part of a pre-arranged trading plan. On the same day, Stanton also acquired 62,500 shares through option exercises at a much lower price. This activity follows a significant surge in DraftKings stock price and recent positive analyst ratings and internal performance reports.
[144] DraftKings Inc. SEC Filing
This SEC filing (Form 144) for DraftKings Inc. (DKNG) indicates a proposed sale of 62,500 shares of Class A Common Stock with an aggregate market value of $1,855,337.50. The shares were acquired on June 11, 2026, through the exercise of stock options, and the sale is expected to occur around the same date via UBS Financial Services Inc. on NASDAQ. The document also includes required disclaimers regarding material adverse information and adherence to Rule 10b5-1.
Total equity of DraftKings, Inc. Class A – XETR:IK1
This article provides financial context for DraftKings, Inc. Class A (XETR:IK1), specifically focusing on its total equity. It notes that market data and reference data are provided by ICE Data Services and FactSet, respectively, along with SEC filings from Quartr.
DraftKings, Inc. Class A Cash Flow – XETR:IK1
This article provides key financial data for DraftKings, Inc. Class A (XETR:IK1), focusing specifically on its cash flow activities. It details free cash flow, operating cash flow, and outlines cash from operating, investing, and financing activities for recent quarters and years. The data highlights a significant fluctuation in free cash flow from 2025 to Q1 2026.
DraftKings (DKNG) executive Jason Robins settles RSUs with share tax withholding
DraftKings executive Jason Robins settled various Restricted Stock Unit (RSU) awards on June 1, 2026, acquiring 126,566 shares of Class A Common Stock. To cover tax obligations, 61,197 shares were withheld by the issuer at $26.33 per share, with no open-market sales occurring. Following these transactions, Robins directly holds 3,646,239 shares and indirectly holds 90 shares through a revocable trust, indicating routine compensation rather than discretionary trading.
DraftKings (DKNG) Chief Accounting Officer sells 862 shares under Rule 10b5-1 plan
DraftKings' Chief Accounting Officer, Erik Bradbury, sold 862 shares of Class A Common Stock on May 20, 2026, at a weighted average price of $25.33 per share. This transaction was conducted under a pre-arranged Rule 10b5-1 trading plan established in November 2025. Following the sale, Bradbury directly holds 38,168 shares, which also includes shares purchased through the company's Employee Stock Purchase Plan.
DraftKings Inc stock (US23282P1017): insiders move shares while analysts debate outlook
DraftKings Inc. shares have experienced volatility due to recent insider share sale disclosures and changing analyst expectations. The company, which specializes in online sports betting and iGaming, faces a dynamic market influenced by regulatory changes, consumer spending, and intense competition. While insiders have made sales, investors are evaluating the company's growth potential through state-by-state expansion and product innovation against risks like marketing costs and regulatory hurdles.
Levin Woodrow sells 34,234 DraftKings (DKNG) shares at $25.71 average
DraftKings director Levin Woodrow reported an open-market sale of 34,234 shares of Class A common stock at a weighted average price of $25.71. Following this transaction, he directly holds 29,820 shares, with additional indirect holdings through a family trust and an LLC. The sale had a high filing impact and negative sentiment, with the shares sold falling within a price range of $25.70 to $25.73.
DraftKings' Sportsbook and Predictive Market Opportunities Are Attractive
DraftKings' strong capabilities in risk management and product innovation are driving success in its core sportsbook business. These advantages are expected to fuel an attractive prediction market business and enhance its competitive position. Dan Wasiolek authored the analyst note, emphasizing the potential of prediction markets for DraftKings.
DraftKings (DKNG) director Levin’s 5,562 RSUs vest, boosting share holdings
DraftKings director Woodrow Levin reported the vesting of 5,562 Restricted Stock Units (RSUs) which converted into Class A Common Stock. No shares were sold during this transaction, indicating a non-sale equity award event. Following this, Levin now directly holds 64,054 Class A shares, with additional shares held indirectly through trusts.
DraftKings (NASDAQ: DKNG) director adds 5,562 shares through RSU vesting
DraftKings director Jocelyn Moore has acquired 5,562 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs) at a price of $0.00 per share. This transaction was a routine equity compensation event and did not involve any open-market purchases or sales. Following the vesting, Moore directly holds 6,968 shares and indirectly holds 24,778 shares through The Mustard Seed Living Trust.
DraftKings Inc. - Class A Common Stock (NQ: DKNG)
This page provides recent news headlines and press releases related to DraftKings Inc. (DKNG), including financial results, operational announcements, and legal investigations. It covers a period from July 2024 to June 2025, detailing recent revenue reports, new initiatives, and executive participation in events. The stock performance for DKNG is also shown as $24.61, up $0.10 (+0.41%), with a streaming delayed price updated on May 12, 2026, at 4:00 PM EDT.
DraftKings Earnings: Prediction Markets Offer an Attractive Opportunity on Top of the Core Business
DraftKings reported a 17% sales increase in Q1, driven by a 24% rise in sports betting revenue. The company achieved improved adjusted EBITDA margins of 10.2% due to marketing efficiencies and maintained its 2026 sales and EBITDA targets. Analyst Dan Wasiolek views DraftKings' expansion into prediction markets as a strong advantage.
DraftKings (NASDAQ: DKNG) swings to Q1 2026 profit as revenue climbs
DraftKings (NASDAQ: DKNG) reported a significant financial turnaround in Q1 2026, swinging to a net profit of $21.1 million, or $0.03 diluted EPS, from a net loss of $33.9 million in the prior year. This was driven by a 16.8% increase in revenue to $1.65 billion, primarily fueled by strong performance in its Sportsbook and iGaming segments. The company also improved its operating cash flow and repurchased 3.3 million shares under its stock repurchase program, while facing ongoing legal proceedings and managing substantial intangible assets.
FMR LLC holds 1.9% of DraftKings (NASDAQ: DKNG) — 9.35M shares amended
FMR LLC has filed an amended Schedule 13G/A, disclosing beneficial ownership of 9,352,688.23 shares of DraftKings (NASDAQ: DKNG) Class A common stock, representing 1.9% of the class. The filing indicates FMR LLC has sole dispositive power over these shares, with Abigail P. Johnson also named as a reporting person. This amendment formalizes the passive investment and delegates signature authority via a power of attorney.
DraftKings (DKNG) CFO nets shares after RSU vesting on May 1
DraftKings (DKNG) CFO Alan Ellingson reported the vesting of 4,311 Restricted Stock Units (RSUs) on May 1, 2026, which converted into an equal number of Class A Common shares. To cover tax obligations, 1,438 shares were withheld by the company at $23.00 per share, a standard procedure. Following these transactions, Ellingson now holds 163,712 shares of Class A Common Stock and 34,481 RSUs, with no open-market sales occurring.
Class action claims FanDuel and DraftKings designed platforms to drive compulsive betting and extend losses
A class action lawsuit has been filed against FanDuel and DraftKings, alleging that the sports betting platforms are designed to promote compulsive gambling and maximize user losses. The lawsuit, filed by New York residents John Farley and Michael Fox, claims the companies use deceptive interfaces, targeted promotions, and behavioral data tracking to encourage continuous, high-frequency wagering. The plaintiffs seek various damages, including actual, statutory, and treble damages, along with restitution and injunctive relief.
DraftKings Inc. - Class A Common Stock (NQ: DKNG )
This page provides recent news headlines related to DraftKings Inc. (DKNG), including legal investigations from June 2021. It also features articles discussing the growth of the gaming, eSports streaming, and eSports betting industries, projecting significant market expansion by 2025 and 2027.
