Flutter Entertainment (NYSE:FLUT) CEO Jeremy Peter Jackson Purchases 2,400 Shares

Flutter Entertainment PLC (NYSE:FLUTGet Free Report) CEO Jeremy Peter Jackson bought 2,400 shares of Flutter Entertainment stock in a transaction on Friday, May 8th. The shares were acquired at an average price of $101.94 per share, for a total transaction of $244,656.00. Following the completion of the acquisition, the chief executive officer owned 70,872 shares of the company’s stock, valued at approximately $7,224,691.68. This represents a 3.51% increase in their position. The acquisition 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.

Jeremy Peter Jackson also recently made the following trade(s):

  • On Monday, May 11th, Jeremy Peter Jackson sold 3,084 shares of Flutter Entertainment stock. The stock was sold at an average price of $98.13, for a total value of $302,632.92.
  • On Wednesday, March 11th, Jeremy Peter Jackson sold 4,326 shares of Flutter Entertainment stock. The stock was sold at an average price of $108.00, for a total value of $467,208.00.

Flutter Entertainment Stock Performance

FLUT stock opened at $96.13 on Wednesday. The business’s 50-day moving average price is $106.37 and its two-hundred day moving average price is $162.74. Flutter Entertainment PLC has a 1-year low of $93.56 and a 1-year high of $313.68. The firm has a market cap of $16.72 billion, a PE ratio of -44.92, a P/E/G ratio of 1.18 and a beta of 1.58. 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 (NYSE:FLUTGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.13. Flutter Entertainment had a positive return on equity of 11.60% and a negative net margin of 2.20%.The firm had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter last year, the business posted $1.59 EPS. The company’s revenue for the quarter was up 17.4% on a year-over-year basis. As a group, research analysts forecast that Flutter Entertainment PLC will post 5.14 earnings per share for the current year.

Flutter Entertainment announced that its board has initiated a stock buyback plan on Wednesday, March 11th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 1.3% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors 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

Wall Street Analyst Weigh In

Several research firms have issued reports on FLUT. UBS Group dropped their price target on Flutter Entertainment from $300.00 to $160.00 and set a “buy” rating on the stock in a research note on Wednesday, March 25th. Needham & Company LLC lowered their target price on Flutter Entertainment from $150.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Citizens Jmp lowered their target price on Flutter Entertainment from $188.00 to $165.00 and set a “market outperform” rating on the stock in a research report on Thursday, May 7th. Moffett Nathanson downgraded Flutter Entertainment from a “buy” rating to a “neutral” rating and set a $127.00 target price on the stock. in a research report on Friday, April 24th. Finally, Craig Hallum downgraded Flutter Entertainment from a “buy” rating to a “hold” rating and set a $200.00 target price on the stock. in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $194.23.

Read Our Latest Stock Report on Flutter Entertainment

Institutional Trading of Flutter Entertainment

A number of institutional investors have recently bought and sold shares of the company. ABN Amro Investment Solutions bought a new stake in Flutter Entertainment during the first quarter valued at $574,000. Oslo Pensjonsforsikring AS bought a new stake in Flutter Entertainment during the first quarter valued at $238,000. Parallel Advisors LLC boosted its position in Flutter Entertainment by 489.7% during the first quarter. Parallel Advisors LLC now owns 460 shares of the company’s stock valued at $47,000 after acquiring an additional 382 shares during the last quarter. Swiss National Bank boosted its position in Flutter Entertainment by 7.1% during the first quarter. Swiss National Bank now owns 490,422 shares of the company’s stock valued at $49,999,000 after acquiring an additional 32,480 shares during the last quarter. Finally, HughesLittle Investment Management Ltd. boosted its position in Flutter Entertainment by 34.8% during the first quarter. HughesLittle Investment Management Ltd. now owns 329,440 shares of the company’s stock valued at $33,586,000 after acquiring an additional 85,050 shares during the last quarter.

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.

See Also

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

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