Mn Services Vermogensbeheer B.V. Sells 33,900 Shares of Flutter Entertainment PLC $FLUT

Mn Services Vermogensbeheer B.V. decreased its position in Flutter Entertainment PLC (NYSE:FLUT) by 51.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,200 shares of the company’s stock after selling 33,900 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Flutter Entertainment were worth $8,179,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. ORG Partners LLC increased its position in shares of Flutter Entertainment by 300.0% during the second quarter. ORG Partners LLC now owns 100 shares of the company’s stock valued at $28,000 after purchasing an additional 75 shares during the period. Barrett & Company Inc. acquired a new stake in Flutter Entertainment during the second quarter worth $29,000. JCIC Asset Management Inc. acquired a new stake in Flutter Entertainment during the third quarter worth $32,000. Signaturefd LLC increased its holdings in Flutter Entertainment by 98.5% in the 2nd quarter. Signaturefd LLC now owns 129 shares of the company’s stock valued at $37,000 after buying an additional 64 shares during the period. Finally, Allworth Financial LP raised its stake in shares of Flutter Entertainment by 116.4% in the 2nd quarter. Allworth Financial LP now owns 145 shares of the company’s stock valued at $41,000 after buying an additional 78 shares in the last quarter.

More Flutter Entertainment News

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

• Positive Sentiment: Citizens JMP cut its price target from $313 to $275 but kept a “market outperform” rating, signaling the firm still sees significant longer‑term upside (~57% from current levels). Read More.
• Neutral Sentiment: Bank of America trimmed its target to $210 and moved to a “neutral” stance — a moderation of optimism that still implies roughly ~20% upside but removes a bullish endorsement. Read More.
• Neutral Sentiment: An analyst note / review flagged a “claimed 39% valuation gap” amid recent share weakness, an analytical view that could be read as either an overreaction or a signal of mispricing depending on assumptions — not an immediate catalyst. Read More.
• Negative Sentiment: Craig-Hallum downgraded FLUT to Hold, citing accumulating transitory headwinds. That downgrade has been widely reported and likely amplified short‑term selling. Read More.
• Negative Sentiment: Follow‑up coverage noted the Craig‑Hallum rating cut as a direct reason for the drop in investor sentiment, contributing to increased volatility. Read More.
• Negative Sentiment: Reports show FLUT has reached a new one‑year low after the analyst downgrades, confirming that the market reaction has already pushed the shares materially lower. Read More.

Flutter Entertainment Stock Down 3.5%

NYSE FLUT opened at $174.83 on Monday. The firm has a market cap of $30.63 billion, a PE ratio of -134.49 and a beta of 1.88. Flutter Entertainment PLC has a one year low of $173.85 and a one year high of $313.68. The stock’s 50 day simple moving average is $207.51 and its 200 day simple moving average is $250.64. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.96 and a quick ratio of 0.96.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FLUT. Stifel Nicolaus decreased their target price on shares of Flutter Entertainment from $339.00 to $330.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Texas Capital upgraded shares of Flutter Entertainment to a “strong-buy” rating in a research note on Thursday, January 8th. Hsbc Global Res upgraded Flutter Entertainment from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 24th. Zacks Research cut Flutter Entertainment from a “hold” rating to a “strong sell” rating in a report on Monday, January 19th. Finally, HSBC upgraded Flutter Entertainment from a “hold” rating to a “buy” rating and cut their target price for the stock from $265.00 to $228.00 in a research report on Monday, November 24th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $289.81.

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.