Flutter Entertainment (NYSE:FLUT) Director Alfred Hurley, Jr. Sells 135 Shares of Stock

by · The Cerbat Gem

Flutter Entertainment PLC (NYSE:FLUTGet Free Report) Director Alfred Hurley, Jr. sold 135 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $94.63, for a total transaction of $12,775.05. Following the sale, the director directly owned 4,221 shares in the company, valued at approximately $399,433.23. This represents a 3.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Flutter Entertainment Stock Up 1.5%

Shares of NYSE:FLUT opened at $97.00 on Friday. Flutter Entertainment PLC has a 12 month low of $91.52 and a 12 month high of $313.68. The company’s 50-day moving average price is $102.87 and its two-hundred day moving average price is $150.83. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.27. The firm has a market cap of $16.87 billion, a P/E ratio of -45.33, a P/E/G ratio of 1.27 and a beta of 1.58.

Flutter Entertainment (NYSE:FLUTGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same quarter in the prior year, the firm earned $1.59 EPS. The company’s revenue was up 17.4% on a year-over-year basis. As a group, research analysts forecast that Flutter Entertainment PLC will post 4.88 EPS for the current fiscal year.

Flutter Entertainment announced that its Board of Directors has approved a share repurchase program on Wednesday, March 11th that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 1.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Trending Headlines about Flutter Entertainment

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

  • Positive Sentiment: Flutter is reshuffling its Asia-Pacific leadership, promoting Sportsbet CEO Barni Evans to lead the APAC region as part of a broader restructuring. Investors may view the change as a sign the company is sharpening execution in a key international market. Flutter promotes Sportsbet CEO Barni Evans to lead APAC charge
  • Positive Sentiment: Recent analysis pieces argued Flutter could be an attractive entry point, citing 17% Q1 revenue growth to $4.3 billion, strength in iGaming, and expectations for margin improvement from integration, loyalty initiatives, and a unified FanDuel platform. Flutter Entertainment: Attractive Entry Point
  • Positive Sentiment: Another commentary suggested the market may be overreacting to FanDuel-related concerns, pointing to Flutter’s scale and the potential for the 2026 FIFA World Cup to drive new customer acquisition and betting activity. Is The Market Mispricing Flutter Entertainment On FanDuel Concerns?
  • Neutral Sentiment: Flutter’s Annual General Meeting was held today, but the release provided no major surprise in the excerpt, so it appears more like a routine corporate event than a stock-moving development. Flutter Entertainment PLC: Results of Annual General Meeting 2026
  • Neutral Sentiment: Several directors sold small amounts of stock, but the filings say the sales were made to cover tax withholding on vesting equity awards. That makes the transactions look administrative rather than a sign of negative insider sentiment.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Makena Capital Management LLC bought a new position in Flutter Entertainment during the 3rd quarter worth approximately $11,517,000. TimesSquare Capital Management LLC boosted its stake in Flutter Entertainment by 294.1% during the 3rd quarter. TimesSquare Capital Management LLC now owns 378,878 shares of the company’s stock worth $96,235,000 after acquiring an additional 282,736 shares during the last quarter. AGF Management Ltd. bought a new position in Flutter Entertainment during the 3rd quarter worth approximately $9,519,000. Mutual of America Capital Management LLC bought a new position in Flutter Entertainment during the 3rd quarter worth approximately $2,173,000. Finally, CenterBook Partners LP boosted its stake in Flutter Entertainment by 723.5% during the 3rd quarter. CenterBook Partners LP now owns 13,967 shares of the company’s stock worth $3,548,000 after acquiring an additional 12,271 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Susquehanna decreased their price objective on shares of Flutter Entertainment from $160.00 to $143.00 and set a “positive” rating on the stock in a report on Tuesday, March 31st. BTIG Research reduced their target price on shares of Flutter Entertainment from $137.00 to $126.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. Sanford C. Bernstein reduced their target price on shares of Flutter Entertainment from $125.00 to $115.00 and set a “market perform” rating on the stock in a research note on Thursday, May 7th. Barclays reduced their target price 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. Finally, Canaccord Genuity Group reduced their target price on shares of Flutter Entertainment from $270.00 to $220.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. 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 four have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $189.26.

Get Our Latest Stock Analysis on FLUT

About Flutter Entertainment

(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.

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