Liberman Paul sold 484,417 shares of DKNG for $12,187,931.72; stock down 28.0% in 90d, up -47.0% from 52-week high.
Liberman Paul executed 2 separate sales totaling 484,417 shares for $12,187,931.72 at $25.16 per share, reducing holdings by 69.4% to 213,597 shares. DKNG has declined 28.0% over 90 days and 47.0% from its 52-week high of $48.23, trading at $25.56 (near the transaction price). His prior 5 trades at DKNG, all sells executed on 2025-03-25, showed a 0 of 5 well-timed rate at the 90-day mark, with subsequent 90-day returns ranging from +2.5% to +7.3%—all positive, indicating those prior sells preceded gains. The company reports a negative P/E of 2556.00 with net income of $-256,788,000.00 against revenue of $1,144,019,000.00, though annual revenue growth stands at +27.0%. This sale occurs as the stock remains substantially depressed, with no evidence that recent insider sales at this ticker have correlated with adverse subsequent performance.