Carolan Lennon Sells 439 Shares of Flutter Entertainment (NYSE:FLUT) Stock

Flutter Entertainment PLC (NYSE:FLUTGet Free Report) Director Carolan Lennon sold 439 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 $41,542.57. Following the sale, the director owned 1,688 shares in the company, valued at approximately $159,735.44. The trade was a 20.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Carolan Lennon also recently made the following trade(s):

  • On Tuesday, May 12th, Carolan Lennon acquired 520 shares of Flutter Entertainment stock. The shares were bought at an average price of $92.30 per share, for a total transaction of $47,996.00.

Flutter Entertainment Trading Up 1.5%

Flutter Entertainment stock opened at $97.00 on Friday. The stock has a market cap of $16.87 billion, a P/E ratio of -45.33, a PEG ratio of 1.28 and a beta of 1.58. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.90 and a quick ratio of 0.90. Flutter Entertainment PLC has a 1 year low of $91.52 and a 1 year high of $313.68. The firm’s 50 day moving average price is $102.87 and its 200-day moving average price is $150.83.

Flutter Entertainment (NYSE:FLUTGet Free Report) last released its quarterly earnings data 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. The firm had revenue of $4.30 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 17.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.59 earnings per share. On average, equities analysts predict that Flutter Entertainment PLC will post 4.88 earnings per share for the current fiscal year.

Flutter Entertainment announced that its board has initiated a stock repurchase plan on Wednesday, March 11th that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 1.3% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Key Flutter Entertainment News

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

A number of hedge funds have recently bought and sold shares of the company. MML Investors Services LLC increased its position in Flutter Entertainment by 0.6% during the second quarter. MML Investors Services LLC now owns 7,081 shares of the company’s stock valued at $2,024,000 after acquiring an additional 45 shares during the last quarter. OneDigital Investment Advisors LLC increased its position in Flutter Entertainment by 1.2% during the third quarter. OneDigital Investment Advisors LLC now owns 4,057 shares of the company’s stock valued at $1,030,000 after acquiring an additional 49 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in Flutter Entertainment by 5.7% during the third quarter. Stratos Wealth Partners LTD. now owns 1,074 shares of the company’s stock valued at $273,000 after acquiring an additional 58 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Flutter Entertainment by 5.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,311 shares of the company’s stock valued at $290,000 after acquiring an additional 69 shares during the last quarter. Finally, Truist Financial Corp increased its position in Flutter Entertainment by 2.8% during the fourth quarter. Truist Financial Corp now owns 2,602 shares of the company’s stock valued at $560,000 after acquiring an additional 72 shares during the last quarter.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on FLUT. 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. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $167.00 price target on shares of Flutter Entertainment in a research report on Friday, May 8th. BNP Paribas Exane began coverage on shares of Flutter Entertainment in a research report on Thursday, May 14th. They issued an “underperform” rating and a $80.00 price target on the stock. Kepler Capital Markets cut shares of Flutter Entertainment from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Finally, Wells Fargo & Company reduced their price target on shares of Flutter Entertainment from $164.00 to $161.00 and set an “equal weight” rating on the stock in a research report on Friday, May 8th. 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $189.26.

View Our Latest Analysis on Flutter Entertainment

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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