On March 17, 2025, R Dodge, the Chief Legal Officer of DraftKings Inc's branch, executed a sale of 105,554 shares of DraftKings Inc (DKNG, Financial). Following this transaction, the insider now holds 653,843 shares of the company. The details of this transaction can be found in the SEC Filing.
DraftKings Inc is a digital sports entertainment and gaming company. It provides users with daily fantasy sports, sports betting, and iGaming opportunities. The company operates in the United States and internationally, offering a range of products that cater to sports enthusiasts and gaming aficionados.
Over the past year, R Dodge has sold a total of 498,523 shares and has not made any purchases. The insider transaction history for DraftKings Inc indicates that there have been 0 insider buys and 25 insider sells over the same period.
As of the date of the recent sale, shares of DraftKings Inc were trading at $38.31 each, resulting in a market cap of $19.348 billion. The stock's GF Value is estimated at $45.25, giving it a price-to-GF-Value ratio of 0.85. This suggests that the stock is modestly undervalued according to its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also includes a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
