Director Wendt Gregory Westin purchases 10,000 DKNG shares at $30.27; current price $31.51, -41.1% from 52-week high.
Wendt Gregory Westin, a DKNG director, established an initial position of 10,000 shares at $30.27 on 2025-11-11, representing his first recorded shareholding in the company. The transaction occurred near mid-point of the 52-week range ($27.92–$53.49) and approximately 4.1% below the current price of $31.51, though the stock remains significantly depressed at -41.1% from its 52-week high and -27.8% over the trailing 90 days. The purchase is noteworthy given DraftKings' fundamental backdrop: the company reported $1.1B in latest-quarter revenue with strong +30.1% annual revenue growth, yet remains unprofitable with a -$256.8M net loss over its most recent full fiscal year. This marks a director's acquisition during a period of both operational momentum and ongoing losses, positioning the transaction in the context of volatile price action and mixed operational signals.