Flutter Entertainment (NYSE:FLUT) Director Nancy Cruickshank Sells 152 Shares of Stock

Flutter Entertainment PLC (NYSE:FLUT) Director Nancy Cruickshank sold 152 shares of Flutter Entertainment stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $94.63, for a total transaction of $14,383.76. Following the transaction, the director directly owned 2,483 shares of the company’s stock, valued at approximately $234,966.29. This trade represents a 5.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Flutter Entertainment Stock Up 1.5%

FLUT opened at $97.00 on Friday. The company has a fifty day moving average of $102.87 and a two-hundred day moving average of $150.83. The stock has a market capitalization of $16.87 billion, a price-to-earnings ratio of -45.33, a PEG ratio of 1.27 and a beta of 1.58. Flutter Entertainment PLC has a fifty-two week low of $91.52 and a fifty-two week high of $313.68. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.90 and a current ratio of 0.90.

Flutter Entertainment (NYSE:FLUT) last issued its quarterly earnings data 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 business had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.24 billion. Flutter Entertainment had a negative net margin of 2.20% and a positive return on equity of 11.60%. The company’s revenue was up 17.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.59 earnings per share. On average, research analysts expect that Flutter Entertainment PLC will post 4.88 earnings per share for the current year.

Flutter Entertainment declared that its Board of Directors has authorized a share repurchase program on Wednesday, March 11th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the company to buy up to 1.3% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB raised its position in shares of Flutter Entertainment by 219.4% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 115 shares of the company’s stock worth $25,000 after purchasing an additional 79 shares during the last quarter. JFS Wealth Advisors LLC acquired a new position in shares of Flutter Entertainment during the 3rd quarter worth about $27,000. Zions Bancorporation National Association UT raised its position in shares of Flutter Entertainment by 1,685.7% during the 4th quarter. Zions Bancorporation National Association UT now owns 125 shares of the company’s stock worth $27,000 after purchasing an additional 118 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Flutter Entertainment during the 3rd quarter worth about $34,000. Finally, EFG International AG acquired a new position in shares of Flutter Entertainment during the 4th quarter worth about $36,000.

Key Stories Impacting 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.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on FLUT. Benchmark decreased their price objective on shares of Flutter Entertainment from $175.00 to $132.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Truist Financial decreased their price objective on shares of Flutter Entertainment from $140.00 to $130.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Needham & Company LLC decreased their price objective on shares of Flutter Entertainment from $150.00 to $135.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Sanford C. Bernstein decreased their price objective on shares of Flutter Entertainment from $125.00 to $115.00 and set a “market perform” rating for the company in a research report on Thursday, May 7th. Finally, Susquehanna decreased their price objective on shares of Flutter Entertainment from $160.00 to $143.00 and set a “positive” rating for the company in a research report on Tuesday, March 31st. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $189.26.

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.