Flutter Entertainment (NYSE:FLUT) Director Christine Mccarthy Sells 135 Shares of Stock

Flutter Entertainment PLC (NYSE:FLUT) Director Christine Mccarthy sold 135 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $94.63, for a total value of $12,775.05. Following the transaction, the director owned 1,262 shares of the company’s stock, valued at approximately $119,423.06. This represents a 9.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Flutter Entertainment Trading Up 1.5%

FLUT opened at $97.00 on Friday. Flutter Entertainment PLC has a 52 week low of $91.52 and a 52 week high of $313.68. The business has a fifty day simple moving average of $102.87 and a 200-day simple moving average of $150.83. The firm has a market cap of $16.87 billion, a P/E ratio of -45.33, a P/E/G ratio of 1.27 and a beta of 1.58. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.27.

Flutter Entertainment (NYSE:FLUT) last released its quarterly earnings results on Wednesday, May 6th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.09 by $0.13. Flutter Entertainment had a positive return on equity of 11.60% and a negative net margin of 2.20%.The business had revenue of $4.30 billion during the quarter, compared to analyst estimates of $4.24 billion. During the same period last year, the business posted $1.59 earnings per share. The company’s quarterly revenue was up 17.4% on a year-over-year basis. On average, equities analysts expect that Flutter Entertainment PLC will post 4.88 earnings per share for the current year.

Flutter Entertainment declared that its board has initiated a share buyback plan on Wednesday, March 11th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 1.3% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on FLUT shares. Wells Fargo & Company decreased their target price on Flutter Entertainment from $164.00 to $161.00 and set an “equal weight” rating for the company in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $167.00 target price on shares of Flutter Entertainment in a report on Friday, May 8th. Kepler Capital Markets lowered Flutter Entertainment from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Barclays decreased their target price on Flutter Entertainment from $175.00 to $150.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Finally, Stifel Nicolaus decreased their target price on Flutter Entertainment from $216.00 to $189.00 and set a “buy” rating for the company in a report on Thursday, April 9th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $189.26.

Key Headlines Impacting Flutter Entertainment

Here are the key news stories impacting Flutter Entertainment this week:

• Positive Sentiment: Flutter is reshuffling its Asia-Pacific leadership, promoting Sportsbet CEO Barni Evans to lead the APAC region as part of a broader restructuring. Investors may view the change as a sign the company is sharpening execution in a key international market. Flutter promotes Sportsbet CEO Barni Evans to lead APAC charge
• Positive Sentiment: Recent analysis pieces argued Flutter could be an attractive entry point, citing 17% Q1 revenue growth to $4.3 billion, strength in iGaming, and expectations for margin improvement from integration, loyalty initiatives, and a unified FanDuel platform. Flutter Entertainment: Attractive Entry Point
• Positive Sentiment: Another commentary suggested the market may be overreacting to FanDuel-related concerns, pointing to Flutter’s scale and the potential for the 2026 FIFA World Cup to drive new customer acquisition and betting activity. Is The Market Mispricing Flutter Entertainment On FanDuel Concerns?
• Neutral Sentiment: Flutter’s Annual General Meeting was held today, but the release provided no major surprise in the excerpt, so it appears more like a routine corporate event than a stock-moving development. Flutter Entertainment PLC: Results of Annual General Meeting 2026
• Neutral Sentiment: Several directors sold small amounts of stock, but the filings say the sales were made to cover tax withholding on vesting equity awards. That makes the transactions look administrative rather than a sign of negative insider sentiment.

Institutional Trading of Flutter Entertainment

A number of institutional investors have recently bought and sold shares of FLUT. MassMutual Private Wealth & Trust FSB lifted its holdings in Flutter Entertainment by 219.4% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 115 shares of the company’s stock worth $25,000 after buying an additional 79 shares during the last quarter. JFS Wealth Advisors LLC purchased a new stake in Flutter Entertainment during the 3rd quarter worth about $27,000. Zions Bancorporation National Association UT lifted its holdings in Flutter Entertainment by 1,685.7% during the 4th quarter. Zions Bancorporation National Association UT now owns 125 shares of the company’s stock worth $27,000 after buying an additional 118 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Flutter Entertainment during the 3rd quarter worth about $34,000. Finally, EFG International AG purchased a new stake in Flutter Entertainment during the 4th quarter worth about $36,000.

About Flutter Entertainment

Flutter Entertainment plc is a global sports betting and gaming company that operates a portfolio of consumer-facing brands and digital platforms. The company’s primary activities include online sports betting, casino gaming, poker, and daily fantasy sports, delivered through web and mobile applications as well as retail betting locations in select markets. Flutter focuses on product development, customer acquisition and engagement, and compliance with local gambling regulations across the jurisdictions where it operates.

Flutter’s brand portfolio includes well-known names in different regional markets, such as FanDuel in the United States, PokerStars, Betfair, Paddy Power and Sky Betting & Gaming in Europe and elsewhere.