WINTON GROUP Ltd Grows Stock Position in DraftKings Inc. $DKNG

Posted by Stanley Muller on Jun 6th, 2026

WINTON GROUP Ltd increased its position in shares of DraftKings Inc. (NASDAQ:DKNG – Free Report) by 773.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 319,451 shares of the company’s stock after purchasing an additional 282,857 shares during the quarter. WINTON GROUP Ltd’s holdings in DraftKings were worth $11,008,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in DKNG. Dagco Inc. purchased a new stake in shares of DraftKings during the 4th quarter valued at approximately $26,000. Ameriflex Group Inc. raised its position in shares of 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 buying an additional 405 shares during the period. Asset Dedication LLC purchased a new stake in shares of DraftKings during the 3rd quarter valued at approximately $37,000. Montag A & Associates Inc. raised its position in shares of 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 buying an additional 500 shares during the period. Finally, Aventura Private Wealth LLC purchased a new stake in shares of DraftKings during the 4th quarter valued at approximately $39,000. Hedge funds and other institutional investors own 37.70% of the company’s stock.

DraftKings Stock Down 1.7%

DraftKings stock opened at $24.93 on Friday. DraftKings Inc. has a fifty-two week low of $20.46 and a fifty-two week high of $48.78. 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 50 day moving average price of $23.80 and a 200 day moving average price of $27.61. The company has a market capitalization of $12.37 billion, a PE ratio of 415.50 and a beta of 1.66.

DraftKings (NASDAQ:DKNG – Get Free Report) last posted its earnings results on Friday, May 8th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.02). The company had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.63 billion. DraftKings had a net margin of 0.93% and a return on equity of 13.51%. The firm’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same quarter last year, the business posted ($0.07) EPS. Research analysts expect that DraftKings Inc. will post 0.6 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Guggenheim dropped their target price on shares of DraftKings from $37.00 to $35.00 and set a “buy” rating for the company in a report on Monday, May 11th. BMO Capital Markets lifted their target price on shares of DraftKings from $42.00 to $50.00 and gave the company an “outperform” rating in a report on Tuesday, March 3rd. Northland Securities set a $27.00 target price on shares of DraftKings in a report on Monday, May 11th. Zacks Research upgraded shares of DraftKings from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Oppenheimer dropped their target price on shares of DraftKings from $50.00 to $35.00 and set an “outperform” rating for the company in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $34.35.

Read Our Latest Stock Report on DraftKings

Insiders Place Their Bets

In other DraftKings news, Director Woodrow Levin sold 34,234 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $25.71, for a total value of $880,156.14. Following the completion of the transaction, the director owned 29,820 shares in the company, valued at $766,672.20. The trade was a 53.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Jocelyn Moore sold 2,150 shares of the business’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $25.60, for a total transaction of $55,040.00. Following the transaction, the director owned 1,406 shares of the company’s stock, valued at approximately $35,993.60. The trade was a 60.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 521,663 shares of company stock worth $13,144,962 over the last 90 days. Corporate insiders own 47.18% of the company’s stock.

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.