Flutter Entertainment PLC (NYSE:FLUT – Get Free Report) CEO Jeremy Peter Jackson sold 3,084 shares of Flutter Entertainment stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $98.13, for a total transaction of $302,632.92. Following the sale, the chief executive officer owned 74,326 shares of the company’s stock, valued at approximately $7,293,610.38. The trade was a 3.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Jeremy Peter Jackson also recently made the following trade(s):
- On Friday, May 8th, Jeremy Peter Jackson purchased 2,400 shares of Flutter Entertainment stock. The shares were bought at an average price of $101.94 per share, with a total value of $244,656.00.
- On Wednesday, March 11th, Jeremy Peter Jackson sold 4,326 shares of Flutter Entertainment stock. The shares were sold at an average price of $108.00, for a total transaction of $467,208.00.
Flutter Entertainment Price Performance
FLUT stock opened at $96.13 on Wednesday. The firm has a 50 day moving average of $106.37 and a 200-day moving average of $162.74. Flutter Entertainment PLC has a 12-month low of $93.56 and a 12-month high of $313.68. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.27. The company has a market cap of $16.72 billion, a price-to-earnings ratio of -44.92, a PEG ratio of 1.18 and a beta of 1.58.
Flutter Entertainment declared that its Board of Directors has initiated a stock buyback program on Wednesday, March 11th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the company to purchase up to 1.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.
Key Flutter Entertainment News
Here are the key news stories impacting Flutter Entertainment this week:
- Positive Sentiment: Multiple insiders bought shares, including CEO Jeremy Peter Jackson, COO James Philip Bishop, and directors John A. Bryant, Stefan Andreas Bomhard, and Don H. Liu. Insider buying can signal confidence in Flutter’s long-term outlook, especially after the stock’s recent weakness. Article on CEO trade
- Positive Sentiment: Flutter also cancelled another tranche of shares under its $5 billion buyback program, which supports earnings per share and shows continued capital returns to shareholders. Article on share cancellation
- Neutral Sentiment: Citi warned that Flutter’s US profit targets may still be too optimistic, saying consensus expectations for the FanDuel-led US business could remain challenging in the second half of 2026. The note adds to concern that recent guidance may not fully reset expectations. Article on Citi warning
- Negative Sentiment: A separate report said Flutter shares fell sharply earlier in the week after investors reacted to FanDuel performance challenges and broader strategic changes, highlighting ongoing volatility around the company’s US growth story. Article on FanDuel challenges
Analysts Set New Price Targets
Several brokerages recently issued reports on FLUT. Benchmark cut their price objective on Flutter Entertainment from $175.00 to $132.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Canaccord Genuity Group cut their price objective on Flutter Entertainment from $270.00 to $220.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Moffett Nathanson downgraded Flutter Entertainment from a “buy” rating to a “neutral” rating and set a $127.00 price objective for the company. in a research report on Friday, April 24th. Needham & Company LLC cut their price objective on Flutter Entertainment from $150.00 to $135.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Finally, UBS Group cut their price objective on Flutter Entertainment from $300.00 to $160.00 and set a “buy” rating for the company in a research report on Wednesday, March 25th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $194.23.
Get Our Latest Stock Report on Flutter Entertainment
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in Flutter Entertainment by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 17,559,354 shares of the company’s stock valued at $4,460,076,000 after acquiring an additional 301,879 shares during the last quarter. Capital International Investors raised its holdings in Flutter Entertainment by 146.8% in the 4th quarter. Capital International Investors now owns 8,039,066 shares of the company’s stock valued at $1,728,772,000 after acquiring an additional 4,782,302 shares during the last quarter. Cibc World Markets Corp acquired a new position in Flutter Entertainment in the 4th quarter valued at $1,678,841,000. Caledonia Private Investments Pty Ltd raised its holdings in Flutter Entertainment by 3.8% in the 4th quarter. Caledonia Private Investments Pty Ltd now owns 7,191,861 shares of the company’s stock valued at $1,546,538,000 after acquiring an additional 264,856 shares during the last quarter. Finally, Hsbc Holdings PLC raised its holdings in Flutter Entertainment by 33,988.7% in the 1st quarter. Hsbc Holdings PLC now owns 5,605,543 shares of the company’s stock valued at $575,185,000 after acquiring an additional 5,589,099 shares during the last quarter.
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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