DRAFTKINGS ($DKNG) posted quarterly earnings results on Thursday, February 13th. The company reported earnings of -$0.28 per share, missing estimates of -$0.16 by $0.12. The company also reported revenue of $1,392,770,000, missing estimates of $1,443,828,288 by $-51,058,288.
You can see Quiver Quantitative's $DKNG stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
DRAFTKINGS Insider Trading Activity
DRAFTKINGS insiders have traded $DKNG stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $DKNG stock by insiders over the last 6 months:
- PAUL LIBERMAN (See Remarks) has made 0 purchases and 11 sales selling 1,552,631 shares for an estimated $61,096,647.
- R STANTON DODGE (Chief Legal Officer) sold 228,496 shares for an estimated $9,765,919
- JASON ROBINS (See Remarks) has made 0 purchases and 3 sales selling 203,151 shares for an estimated $7,188,315.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
DRAFTKINGS Hedge Fund Activity
We have seen 332 institutional investors add shares of DRAFTKINGS stock to their portfolio, and 445 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 8,040,958 shares (+81.9%) to their portfolio in Q3 2024, for an estimated $315,205,553
- FMR LLC added 7,150,382 shares (+110.6%) to their portfolio in Q4 2024, for an estimated $265,994,210
- BAILLIE GIFFORD & CO added 6,633,458 shares (+inf%) to their portfolio in Q4 2024, for an estimated $246,764,637
- CITADEL ADVISORS LLC added 5,868,470 shares (+633.0%) to their portfolio in Q3 2024, for an estimated $230,044,024
- AQR CAPITAL MANAGEMENT LLC removed 3,617,938 shares (-93.3%) from their portfolio in Q3 2024, for an estimated $141,823,169
- MILLENNIUM MANAGEMENT LLC added 2,855,134 shares (+1593.2%) to their portfolio in Q3 2024, for an estimated $111,921,252
- KODAI CAPITAL MANAGEMENT LP added 2,227,588 shares (+inf%) to their portfolio in Q3 2024, for an estimated $87,321,449
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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