DraftKings Inc.
No SEC Form 4 filings for $DKNG in the last 30 days.
S3 Partners data says hedge funds shorting gambling stocks earned about $2.3 billion in 2026. Flutter, DraftKings and Entain were key targets, with Flutter down over half YTD and short-seller gains near $2 billion; DraftKings down about 30%. The article cites competition from prediction platforms and UK tax increases, including Entain impairment charges and Flutter guidance for slower growth.
US Bancorp DE significantly cut its stake in DraftKings Inc. by 61.9% in Q4, selling over half a million shares. Despite this, other major institutions like Viking Global and Vanguard increased their holdings, with analysts maintaining a "Moderate Buy" rating and an average price target of $34.84 for DKNG. Insider activity also shows varied movements, with co-founder Paul Liberman selling a substantial portion of his shares while director Harry Sloan made a significant purchase.
This article reports significant "whale activity" in options for seven consumer discretionary stocks: Tesla (TSLA), Amazon.com (AMZN), Nike (NKE), PDD Holdings Inc (PDD), DraftKings (DKNG), Lululemon Athletica (LULU), and Booking Holdings (BKNG). It details specific option contracts traded, including strike prices, expiration dates, and sentiment (bullish or bearish), based on data from Benzinga's options activity scanner. The report highlights that such activity can indicate potential trading opportunities for investors.
