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

Flutter Entertainment PLC (NYSE:FLUT) Director Christine Mccarthy sold 135 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 1,262 shares in the company, valued at $119,423.06. The trade was a 9.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Flutter Entertainment Stock Up 1.5%

Shares of FLUT opened at $97.00 on Friday. The company has a market capitalization of $16.87 billion, a P/E ratio of -45.33, a PEG ratio of 1.28 and a beta of 1.58. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.90 and a quick ratio of 0.90. Flutter Entertainment PLC has a one year low of $91.52 and a one year high of $313.68. The business’s 50 day simple moving average is $102.87 and its 200-day simple moving average is $150.83.

Flutter Entertainment (NYSE:FLUT) last announced its 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. The business had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.24 billion. Flutter Entertainment had a positive return on equity of 11.60% and a negative net margin of 2.20%.Flutter Entertainment’s revenue was up 17.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.59 EPS. As a group, sell-side analysts predict that Flutter Entertainment PLC will post 4.88 EPS for the current fiscal year.

Flutter Entertainment declared that its Board of Directors has approved a stock repurchase program on Wednesday, March 11th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 1.3% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Key Stories 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.

Wall Street Analysts Forecast Growth

FLUT has been the topic of several research reports. Susquehanna reduced their price objective on Flutter Entertainment from $160.00 to $143.00 and set a “positive” rating on the stock in a report on Tuesday, March 31st. UBS Group reduced their price objective on Flutter Entertainment from $300.00 to $160.00 and set a “buy” rating on the stock in a report on Wednesday, March 25th. Sanford C. Bernstein reduced their price objective on Flutter Entertainment from $125.00 to $115.00 and set a “market perform” rating on the stock in a report on Thursday, May 7th. Barclays reduced their price objective on Flutter Entertainment from $175.00 to $150.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Finally, Needham & Company LLC reduced their price objective on Flutter Entertainment from $150.00 to $135.00 and set a “buy” rating on the stock in a report on Thursday, May 7th. Two 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $189.26.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. JFS Wealth Advisors LLC acquired a new position in shares of Flutter Entertainment in the 3rd quarter valued at $27,000. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Flutter Entertainment by 219.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 115 shares of the company’s stock valued at $25,000 after purchasing an additional 79 shares during the period. Zions Bancorporation National Association UT lifted its stake in shares of Flutter Entertainment by 1,685.7% in the 4th quarter. Zions Bancorporation National Association UT now owns 125 shares of the company’s stock valued at $27,000 after purchasing an additional 118 shares during the period. Atlantic Union Bankshares Corp acquired a new position in shares of Flutter Entertainment in the 3rd quarter valued at $34,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its stake in shares of Flutter Entertainment by 83.3% in the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the company’s stock valued at $42,000 after purchasing an additional 75 shares during the period.

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.