BNP Paribas Financial Markets Sells 844,059 Shares of Flutter Entertainment PLC $FLUT

BNP Paribas Financial Markets trimmed its holdings in shares of Flutter Entertainment PLC (NYSE:FLUT) by 35.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,542,762 shares of the company’s stock after selling 844,059 shares during the period. BNP Paribas Financial Markets’ holdings in Flutter Entertainment were worth $331,756,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of Flutter Entertainment by 1.7% during the third quarter. Vanguard Group Inc. now owns 17,559,354 shares of the company’s stock worth $4,460,076,000 after buying an additional 301,879 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Flutter Entertainment by 5.5% during the third quarter. Wellington Management Group LLP now owns 3,519,434 shares of the company’s stock worth $903,694,000 after buying an additional 182,594 shares during the last quarter. Capital International Investors raised its stake in shares of Flutter Entertainment by 4.9% during the third quarter. Capital International Investors now owns 3,256,764 shares of the company’s stock worth $827,841,000 after buying an additional 153,390 shares during the last quarter. Norges Bank bought a new stake in shares of Flutter Entertainment during the fourth quarter worth approximately $694,009,000. Finally, State Street Corp raised its stake in shares of Flutter Entertainment by 4.5% during the third quarter. State Street Corp now owns 3,226,742 shares of the company’s stock worth $819,592,000 after buying an additional 140,012 shares during the last quarter.

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.

Flutter Entertainment Stock Performance

FLUT stock opened at $97.00 on Friday. The business’s 50-day moving average price is $102.87 and its two-hundred day moving average price is $150.83. 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 PLC has a 1-year low of $91.52 and a 1-year high of $313.68. The firm has a market cap of $16.87 billion, a PE ratio of -45.33, a P/E/G ratio of 1.28 and a beta of 1.58.

Flutter Entertainment (NYSE:FLUT) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.22 earnings per share (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 during the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter in the prior year, the firm earned $1.59 earnings per share. The firm’s revenue was up 17.4% compared to the same quarter last year. As a group, research analysts forecast that Flutter Entertainment PLC will post 4.88 earnings per share for the current year.

Flutter Entertainment announced that its Board of Directors has initiated a stock buyback program on Wednesday, March 11th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the company to buy up to 1.3% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Insider Activity at Flutter Entertainment

In other news, insider Don H. Liu sold 1,259 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $93.37, for a total transaction of $117,552.83. Following the completion of the sale, the insider owned 21,006 shares of the company’s stock, valued at $1,961,330.22. This represents a 5.65% decrease in their ownership of the stock. 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. Also, CEO Daniel Mark Taylor acquired 1,611 shares of the stock in a transaction dated Tuesday, May 12th. The shares were bought at an average cost of $94.29 per share, with a total value of $151,901.19. Following the transaction, the chief executive officer directly owned 34,584 shares of the company’s stock, valued at $3,260,925.36. This represents a 4.89% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have purchased 10,453 shares of company stock valued at $1,045,526 and have sold 23,828 shares valued at $2,477,625. 0.13% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Moffett Nathanson downgraded shares of Flutter Entertainment from a “buy” rating to a “neutral” rating and set a $127.00 price target for the company. in a research note on Friday, April 24th. Barclays reduced their price target on shares of Flutter Entertainment from $175.00 to $150.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. UBS Group decreased their price target on shares of Flutter Entertainment from $300.00 to $160.00 and set a “buy” rating for the company in a report on Wednesday, March 25th. Truist Financial decreased their price target on shares of Flutter Entertainment from $140.00 to $130.00 and set a “buy” rating for the company in a report on Thursday, May 7th. Finally, BTIG Research reduced their target price on Flutter Entertainment from $137.00 to $126.00 and set a “buy” rating on the stock in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $189.26.

Flutter Entertainment Profile

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.