Flutter Entertainment (NYSE:FLUT) Director Buys $47,996.00 in Stock

Flutter Entertainment PLC (NYSE:FLUT) Director Carolan Lennon bought 520 shares of the stock in a transaction dated Tuesday, May 12th. The shares were acquired at an average cost of $92.30 per share, for a total transaction of $47,996.00. Following the completion of the acquisition, the director directly owned 2,127 shares of the company’s stock, valued at approximately $196,322.10. This trade represents a 32.36% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Flutter Entertainment Stock Performance

Shares of FLUT traded down $0.58 during mid-day trading on Wednesday, hitting $95.38. 1,220,760 shares of the company’s stock were exchanged, compared to its average volume of 3,741,313. Flutter Entertainment PLC has a 52 week low of $92.22 and a 52 week high of $313.68. The stock’s 50-day simple moving average is $106.37 and its 200-day simple moving average is $162.74. The firm has a market cap of $16.59 billion, a price-to-earnings ratio of -44.57, a price-to-earnings-growth ratio of 1.18 and a beta of 1.58. 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 earnings results on Wednesday, May 6th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.09 by $0.13. Flutter Entertainment had a negative net margin of 2.20% and a positive return on equity of 11.60%. The company had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.24 billion. During the same period last year, the firm earned $1.59 earnings per share. The business’s revenue for the quarter was up 17.4% on a year-over-year basis. On average, equities research analysts expect that Flutter Entertainment PLC will post 5.14 EPS for the current year.

Flutter Entertainment declared that its Board of Directors has initiated a share repurchase plan on Wednesday, March 11th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 1.3% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Citigroup cut shares of Flutter Entertainment from a “buy” rating to a “sell” rating in a research note on Thursday, April 16th. Craig Hallum cut shares of Flutter Entertainment from a “buy” rating to a “hold” rating and set a $200.00 price objective on the stock. in a research note on Wednesday, January 21st. Barclays decreased their price objective on shares of Flutter Entertainment from $175.00 to $150.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Oppenheimer decreased their price objective on shares of Flutter Entertainment from $210.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. Finally, Citizens Jmp decreased their price objective on shares of Flutter Entertainment from $188.00 to $165.00 and set a “market outperform” rating on the stock in a research note on Thursday, May 7th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $194.23.

More Flutter Entertainment News

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

• Positive Sentiment: Multiple insiders, including CEO Jeremy Peter Jackson, COO James Philip Bishop, and directors John A. Bryant, Stefan Andreas Bomhard, and Don H. Liu, bought shares recently. That can signal confidence that FLUT may be undervalued after its sharp decline. Article on CEO trade
• Positive Sentiment: Flutter canceled 197,611 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: Recent analyst commentary remains mixed: several firms cut price targets after earnings, but most still keep buy or outperform ratings, suggesting long-term value potential but near-term execution risk. Article on analyst views
• Negative Sentiment: Citi said Flutter’s U.S. profit targets may still be too optimistic, raising concern that second-half 2026 results could fall short if FanDuel and other U.S. operations underperform. Article on Citi warning
• Negative Sentiment: Reports of FanDuel performance challenges and a leadership shake-up helped drive the recent selloff, adding to investor concerns about Flutter’s U.S. growth story. Article on stock decline

Institutional Trading of Flutter Entertainment

Hedge funds and other institutional investors have recently modified their holdings of the stock. Makena Capital Management LLC bought a new stake in shares of Flutter Entertainment during the third quarter worth $11,517,000. TimesSquare Capital Management LLC grew its stake in shares of Flutter Entertainment by 294.1% during the third quarter. TimesSquare Capital Management LLC now owns 378,878 shares of the company’s stock worth $96,235,000 after buying an additional 282,736 shares during the last quarter. AGF Management Ltd. acquired a new position in shares of Flutter Entertainment during the third quarter worth $9,519,000. Mutual of America Capital Management LLC acquired a new position in shares of Flutter Entertainment during the third quarter worth $2,173,000. Finally, Federated Hermes Inc. acquired a new position in shares of Flutter Entertainment during the third quarter worth $169,777,000.

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.