Flutter Entertainment (NYSE:FLUT) Director John Bryant Purchases 1,950 Shares of Stock

Flutter Entertainment PLC (NYSE:FLUT) Director John Bryant purchased 1,950 shares of Flutter Entertainment stock in a transaction dated Friday, May 8th. The shares were purchased at an average cost of $102.86 per share, for a total transaction of $200,577.00. Following the completion of the transaction, the director owned 9,235 shares of the company’s stock, valued at approximately $949,912.10. This represents a 26.77% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Flutter Entertainment Trading Up 2.3%

Shares of NYSE FLUT opened at $96.13 on Wednesday. The company’s fifty day moving average is $106.37 and its 200-day moving average is $162.74. The stock has a market cap of $16.72 billion, a price-to-earnings ratio of -44.92, a P/E/G ratio of 1.18 and a beta of 1.58. Flutter Entertainment PLC has a twelve month low of $93.56 and a twelve month high of $313.68. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.27.

Flutter Entertainment (NYSE:FLUT) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.13. The company had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.24 billion. Flutter Entertainment had a negative net margin of 2.20% and a positive return on equity of 11.60%. The business’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period last year, the firm posted $1.59 earnings per share. Equities research analysts predict that Flutter Entertainment PLC will post 5.14 EPS for the current year.

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

Key Stories Impacting Flutter Entertainment

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

Institutional Investors Weigh In On Flutter Entertainment

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. ABN Amro Investment Solutions bought a new stake in Flutter Entertainment during the 1st quarter worth about $574,000. Oslo Pensjonsforsikring AS bought a new stake in Flutter Entertainment during the 1st quarter worth about $238,000. Parallel Advisors LLC lifted its position in Flutter Entertainment by 489.7% during the 1st quarter. Parallel Advisors LLC now owns 460 shares of the company’s stock worth $47,000 after buying an additional 382 shares in the last quarter. Swiss National Bank lifted its position in Flutter Entertainment by 7.1% during the 1st quarter. Swiss National Bank now owns 490,422 shares of the company’s stock worth $49,999,000 after buying an additional 32,480 shares in the last quarter. Finally, HughesLittle Investment Management Ltd. lifted its position in Flutter Entertainment by 34.8% during the 1st quarter. HughesLittle Investment Management Ltd. now owns 329,440 shares of the company’s stock worth $33,586,000 after buying an additional 85,050 shares in the last quarter.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Truist Financial cut their price objective on shares of Flutter Entertainment from $140.00 to $130.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Benchmark cut their price objective on shares of Flutter Entertainment from $175.00 to $132.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Stifel Nicolaus cut their price objective on shares of Flutter Entertainment from $216.00 to $189.00 and set a “buy” rating on the stock in a research report on Thursday, April 9th. Sanford C. Bernstein cut their price objective on shares of Flutter Entertainment from $125.00 to $115.00 and set a “market perform” rating on the stock in a research report on Thursday, May 7th. Finally, Zacks Research cut shares of Flutter Entertainment from a “hold” rating to a “strong sell” rating in a research report on Monday, January 19th. 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 three have issued a Sell rating to the company. According to data from MarketBeat, Flutter Entertainment has a consensus rating of “Moderate Buy” and a consensus target price of $194.23.

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.