Flutter Entertainment (NYSE:FLUT) Director Carolan Lennon Sells 439 Shares

Flutter Entertainment PLC (NYSE:FLUTGet Free Report) Director Carolan Lennon sold 439 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $94.63, for a total transaction of $41,542.57. Following the sale, the director directly owned 1,688 shares of the company’s stock, valued at $159,735.44. This represents a 20.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Carolan Lennon also recently made the following trade(s):

  • On Tuesday, May 12th, Carolan Lennon acquired 520 shares of Flutter Entertainment stock. The shares were purchased at an average cost of $92.30 per share, with a total value of $47,996.00.

Flutter Entertainment Price Performance

FLUT stock opened at $97.00 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.27. Flutter Entertainment PLC has a one year low of $91.52 and a one year high of $313.68. The firm has a market capitalization of $16.87 billion, a PE ratio of -45.33, a P/E/G ratio of 1.27 and a beta of 1.58. The firm has a 50-day moving average of $102.87 and a two-hundred day moving average of $150.83.

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

Flutter Entertainment announced that its board has approved a share repurchase plan on Wednesday, March 11th that permits the company to buyback $250.00 million in shares. This buyback authorization permits the company to purchase up to 1.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on FLUT shares. UBS Group reduced their price target on shares of Flutter Entertainment from $300.00 to $160.00 and set a “buy” rating for the company in a research report on Wednesday, March 25th. Moffett Nathanson lowered shares of Flutter Entertainment from a “buy” rating to a “neutral” rating and set a $127.00 price target for the company. in a research report on Friday, April 24th. Weiss Ratings reissued a “sell (d)” rating on shares of Flutter Entertainment in a research report on Wednesday. Canaccord Genuity Group reduced their price target on shares of Flutter Entertainment from $270.00 to $220.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Finally, BTIG Research reduced their price target on shares of Flutter Entertainment from $137.00 to $126.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $189.26.

Read Our Latest Stock Analysis on FLUT

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.

Hedge Funds Weigh In On Flutter Entertainment

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FLUT. MassMutual Private Wealth & Trust FSB raised its position in Flutter Entertainment by 219.4% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 115 shares of the company’s stock valued at $25,000 after acquiring an additional 79 shares in the last quarter. JFS Wealth Advisors LLC bought a new position in Flutter Entertainment during the third quarter valued at approximately $27,000. Zions Bancorporation National Association UT raised its position in Flutter Entertainment by 1,685.7% during the fourth quarter. Zions Bancorporation National Association UT now owns 125 shares of the company’s stock valued at $27,000 after acquiring an additional 118 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in Flutter Entertainment during the third quarter valued at approximately $34,000. Finally, EFG International AG bought a new position in Flutter Entertainment during the fourth quarter valued at approximately $36,000.

Flutter Entertainment Company Profile

(Get Free Report)

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.

Featured Articles

Insider Buying and Selling by Quarter for Flutter Entertainment (NYSE:FLUT)

Receive News & Ratings for Flutter Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flutter Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.