One Capital Management LLC Has $2.66 Million Stock Position in DraftKings Inc. $DKNG

Posted by on Jun 3rd, 2026

One Capital Management LLC lifted its position in DraftKings Inc. (NASDAQ:DKNG – Free Report) by 66.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 77,093 shares of the company’s stock after buying an additional 30,692 shares during the quarter. One Capital Management LLC’s holdings in DraftKings were worth $2,657,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Dagco Inc. acquired a new stake in shares of DraftKings in the fourth quarter worth $26,000. Ameriflex Group Inc. raised its stake in DraftKings by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 810 shares of the company’s stock valued at $30,000 after purchasing an additional 405 shares during the last quarter. Asset Dedication LLC acquired a new position in DraftKings during the 3rd quarter valued at $37,000. AlphaQuest LLC acquired a new position in DraftKings during the 3rd quarter valued at $41,000. Finally, Montag A & Associates Inc. raised its stake in DraftKings by 82.5% during the 4th quarter. Montag A & Associates Inc. now owns 1,106 shares of the company’s stock valued at $38,000 after purchasing an additional 500 shares during the last quarter. 37.70% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Paul Liberman sold 484,417 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $25.16, for a total value of $12,187,931.72. Following the completion of the transaction, the insider owned 213,597 shares in the company, valued at approximately $5,374,100.52. This represents a 69.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Woodrow Levin sold 34,234 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $25.71, for a total transaction of $880,156.14. Following the completion of the transaction, the director owned 29,820 shares of the company’s stock, valued at approximately $766,672.20. This represents a 53.45% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 521,663 shares of company stock worth $13,144,962. 47.18% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

DKNG has been the subject of several research analyst reports. Moffett Nathanson cut shares of DraftKings from a “buy” rating to a “neutral” rating and cut their target price for the company from $38.00 to $27.00 in a research note on Friday, April 24th. Zacks Research upgraded shares of DraftKings from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Benchmark reiterated a “buy” rating on shares of DraftKings in a research note on Monday. Susquehanna cut their target price on shares of DraftKings from $33.00 to $32.00 and set a “positive” rating for the company in a research note on Tuesday, March 31st. Finally, Freedom Capital upgraded shares of DraftKings to a “strong-buy” rating in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.15.

Check Out Our Latest Stock Analysis on DKNG

DraftKings Trading Down 3.9%

Shares of DKNG stock opened at $25.30 on Wednesday. DraftKings Inc. has a 52-week low of $20.46 and a 52-week high of $48.78. The stock has a market cap of $12.55 billion, a price-to-earnings ratio of 421.67 and a beta of 1.66. The company has a debt-to-equity ratio of 3.03, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a fifty day moving average of $23.64 and a 200-day moving average of $27.73.

DraftKings (NASDAQ:DKNG – Get Free Report) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). DraftKings had a net margin of 0.93% and a return on equity of 13.51%. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the company posted ($0.07) EPS. The company’s quarterly revenue was up 16.8% compared to the same quarter last year. On average, equities research analysts forecast that DraftKings Inc. will post 0.6 earnings per share for the current fiscal year.

DraftKings Profile

(Free Report)

DraftKings Inc is a leading digital sports entertainment and gaming company specializing in daily fantasy sports, sports betting and iGaming products. The company provides an integrated platform where users can participate in daily fantasy contests, place wagers on professional sports events, and enjoy a range of online casino-style games. DraftKings’ proprietary technology supports real-time odds, live scoring and advanced analytics to enhance the user experience across mobile and desktop applications.

Founded in 2012 by co-founders Jason Robins, Matthew Kalish and Paul Liberman, DraftKings began as a daily fantasy sports provider and rapidly expanded into regulated sports betting following legislative changes in the United States.

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Institutional Ownership by Quarter for DraftKings (NASDAQ:DKNG)

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