Flutter Entertainment PLC (NYSE:FLUT – Get Free Report) Director Stefan Andreas Bomhard sold 177 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 $16,749.51. Following the transaction, the director owned 1,000 shares in the company, valued at approximately $94,630. This trade represents a 15.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Stefan Andreas Bomhard also recently made the following trade(s):
- On Friday, May 8th, Stefan Andreas Bomhard bought 500 shares of Flutter Entertainment stock. The stock was acquired at an average cost of $102.00 per share, for a total transaction of $51,000.00.
Flutter Entertainment Trading Up 1.5%
Shares of FLUT stock opened at $97.00 on Friday. The stock’s fifty day moving average price is $102.87 and its two-hundred day moving average price is $150.83. The company has a market cap of $16.87 billion, a PE ratio of -45.33, a P/E/G ratio of 1.27 and a beta of 1.58. Flutter Entertainment PLC has a fifty-two week low of $91.52 and a fifty-two week high of $313.68. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.90 and a current ratio of 0.90.
Flutter Entertainment announced that its Board of Directors has authorized a share buyback plan on Wednesday, March 11th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 1.3% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.
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 Investors Weigh In On Flutter Entertainment
Hedge funds have recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Flutter Entertainment by 219.4% during the 4th 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 acquired a new stake in shares of Flutter Entertainment during the 3rd quarter valued at $27,000. Zions Bancorporation National Association UT boosted its holdings in shares of Flutter Entertainment by 1,685.7% during the 4th 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 acquired a new stake in shares of Flutter Entertainment during the 3rd quarter valued at $34,000. Finally, EFG International AG acquired a new stake in shares of Flutter Entertainment during the 4th quarter valued at $36,000.
Analysts Set New Price Targets
A number of brokerages have weighed in on FLUT. Citizens Jmp reduced their target price on Flutter Entertainment from $188.00 to $165.00 and set a “market outperform” rating on the stock in a report on Thursday, May 7th. Oppenheimer reduced their target price on Flutter Entertainment from $210.00 to $160.00 and set an “outperform” rating on the stock in a report on Monday, April 13th. Truist Financial reduced their target price on Flutter Entertainment from $140.00 to $130.00 and set a “buy” rating on the stock in a report on Thursday, May 7th. Susquehanna cut 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. Finally, Stifel Nicolaus cut their price objective on Flutter Entertainment from $216.00 to $189.00 and set a “buy” rating on the stock in a report on Thursday, April 9th. Two equities research 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $189.26.
View Our Latest Stock Analysis on FLUT
Flutter Entertainment Company Profile
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.
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