From MarketBeat:



DAVENPORT & Co LLC reduced its holdings in DraftKings Inc. by 3.1% during the 3rd quarter, owning about 0.38% of the company’s stock worth $96,190,000. Other institutional investors and hedge funds have also bought and sold shares of DKNG. Analysts gave DraftKings a “Moderate Buy” rating with an average price target of $35.86 per share. The company’s stock price reached $35.72 during trading hours on Friday, with a 12-month low of $10.69 and a high of $39.35. DraftKings last reported an earnings per share of ($0.61) for the quarter, with revenue of $789.96 million. Several equities analysts have recommended buying DraftKings stock with varying target prices. Insiders have sold a significant amount of company stock in the past three months, owning 51.19% of the company’s stock. DraftKings operates as a digital sports entertainment and gaming company in the United States and internationally. The company provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. MarketBeat has identified the five stocks that top analysts are recommending over DraftKings. To receive this information, readers should visit HoldingsChannel.com.



Original: DAVENPORT & Co LLC Sells 106,661 Shares of DraftKings Inc. (NASDAQ:DKNG)