Jason Robins - DraftKings Chairman CoFounder

DKNG Stock  USD 43.03  0.03  0.07%   

Insider

Jason Robins is Chairman CoFounder of DraftKings
Age 43
Address 222 Berkeley Street, Boston, MA, United States, 02116
Phone617 986 6744
Webhttps://www.draftkings.com

Latest Insider Transactions

2024-11-21Disposed of 3151 shares @ 43.71View
2024-08-21Disposed of 200000 shares @ 35.25View
2024-08-08Disposed of 200000 shares @ 30.72View
2024-05-21Disposed of 200000 shares @ 43.59View
2024-05-08Disposed of 200000 shares @ 42.67View
2024-04-22Disposed of 200000 shares @ 40.91View
2024-02-21Disposed of 200000 shares @ 40.89View
2024-01-22Disposed of 200000 shares @ 37.82View
2023-12-19Disposed of 238629 shares @ 35.65View

Jason Robins Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jason Robins against DraftKings stock is an integral part of due diligence when investing in DraftKings. Jason Robins insider activity provides valuable insight into whether DraftKings is net buyers or sellers over its current business cycle. Note, DraftKings insiders must abide by specific rules, including filing SEC forms every time they buy or sell DraftKings'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

DraftKings Management Efficiency

The company has return on total asset (ROA) of (0.0693) % which means that it has lost $0.0693 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4443) %, meaning that it created substantial loss on money invested by shareholders. DraftKings' management efficiency ratios could be used to measure how well DraftKings manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.36. The current Return On Capital Employed is estimated to decrease to -0.35. At this time, DraftKings' Debt To Assets are most likely to increase slightly in the upcoming years. The DraftKings' current Fixed Asset Turnover is estimated to increase to 32.55, while Other Assets are projected to decrease to 0.95.
DraftKings currently holds 1.35 B in liabilities with Debt to Equity (D/E) ratio of 0.76, which is about average as compared to similar companies. DraftKings has a current ratio of 2.27, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about DraftKings' use of debt, we should always consider it together with its cash and equity.

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DraftKings Inc. operates a digital sports entertainment and gaming company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts. Draftkings operates under Gambling classification in the United States and is traded on NASDAQ Exchange. It employs 3400 people. DraftKings (DKNG) is traded on NASDAQ Exchange in USA. It is located in 222 Berkeley Street, Boston, MA, United States, 02116 and employs 4,400 people. DraftKings is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

DraftKings Leadership Team

Elected by the shareholders, the DraftKings' board of directors comprises two types of representatives: DraftKings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DraftKings. The board's role is to monitor DraftKings' management team and ensure that shareholders' interests are well served. DraftKings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DraftKings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Lori Kalani, Chief Officer
Jason Robins, Chairman CoFounder
Brian Angiolet, Chief Officer
Joseph DeCristofaro, Vice Relations
Paul Liberman, President CoFounder
Matthew Kalish, President CoFounder
Alan Ellingson, SVP Analytics
Erik Bradbury, Chief Officer
Jason Park, Chief Officer
Timothy Dent, VP Operations
Stanton Esq, Chief Secretary
Jennifer Aguiar, Chief Officer

DraftKings Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is DraftKings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether DraftKings is a strong investment it is important to analyze DraftKings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DraftKings' future performance. For an informed investment choice regarding DraftKings Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DraftKings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in DraftKings Stock please use our How to Invest in DraftKings guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DraftKings. If investors know DraftKings will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DraftKings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.87)
Revenue Per Share
9.655
Quarterly Revenue Growth
0.387
Return On Assets
(0.07)
Return On Equity
(0.44)
The market value of DraftKings is measured differently than its book value, which is the value of DraftKings that is recorded on the company's balance sheet. Investors also form their own opinion of DraftKings' value that differs from its market value or its book value, called intrinsic value, which is DraftKings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DraftKings' market value can be influenced by many factors that don't directly affect DraftKings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DraftKings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DraftKings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DraftKings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.