Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Director Jocelyn Moore of DraftKings Inc. (NASDAQ:DKNG), the $21.7 billion market cap sports betting company, sold 4,861 shares of Class A Common Stock on August 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at $43.21, totaling approximately $210,043, amid the stock’s strong year-to-date performance of 17.39%.
Following the transaction, Moore directly owns 1,461 shares of DraftKings. The filing also indicates that Moore indirectly owns 25,648 shares through The Mustard Seed Living Trust. The sale comes as DraftKings trades near its 52-week high of $53.61, with InvestingPro analysis suggesting the stock is slightly undervalued based on its Fair Value model.
The sale was executed under a pre-arranged program adopted on May 14, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
The sale was reported by /s/ Faisal Hasan, attorney-in-fact
In other recent news, DraftKings Inc. reported a strong second-quarter revenue of $1,513 million, marking a 37% increase from the previous year. This performance exceeded both Guggenheim’s estimate of $1,388 million and the consensus forecast of $1,424 million. Following these results, Susquehanna raised its price target for DraftKings to $64 from $60, maintaining a Positive rating. Jefferies also increased its price target slightly to $54 from $53, citing stronger-than-expected quarterly results. Additionally, Needham reiterated its Buy rating with a $60 price target, expressing continued confidence despite challenges like higher taxes and new market launches. Meanwhile, Guggenheim maintained its Buy rating with a $60 price target after the impressive earnings report. In related developments, MoffettNathanson raised its price target on Flutter Entertainment to $350 from $310, highlighting potential upside to its future U.S. EBITDA estimates. These updates reflect a positive outlook from analysts on DraftKings’ performance and potential.
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