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

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

Flutter Entertainment Price Performance

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

Flutter Entertainment (NYSE:FLUT) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.13. The company had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.24 billion. Flutter Entertainment had a positive return on equity of 11.60% and a negative net margin of 2.20%.Flutter Entertainment’s revenue for the quarter was up 17.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.59 EPS. Analysts anticipate that Flutter Entertainment PLC will post 4.88 earnings per share for the current fiscal year.

Flutter Entertainment declared that its board has approved a share repurchase plan on Wednesday, March 11th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the company to reacquire up to 1.3% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

FLUT has been the topic of a number of recent analyst reports. Moffett Nathanson downgraded Flutter Entertainment from a “buy” rating to a “neutral” rating and set a $127.00 price objective on the stock. in a report on Friday, April 24th. Canaccord Genuity Group dropped their price objective on Flutter Entertainment from $270.00 to $220.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Stifel Nicolaus dropped their price objective on Flutter Entertainment from $216.00 to $189.00 and set a “buy” rating on the stock in a report on Thursday, April 9th. Sanford C. Bernstein dropped their price objective on Flutter Entertainment from $125.00 to $115.00 and set a “market perform” rating on the stock in a report on Thursday, May 7th. Finally, Needham & Company LLC dropped their price objective on Flutter Entertainment from $150.00 to $135.00 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 issued a Sell rating to the company. According to data from MarketBeat.com, Flutter Entertainment currently has an average rating of “Moderate Buy” and an average price target of $189.26.

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

Several hedge funds and other institutional investors have recently modified their holdings of FLUT. Makena Capital Management LLC acquired a new position in Flutter Entertainment in the third quarter valued at $11,517,000. TimesSquare Capital Management LLC increased its stake in 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 acquiring an additional 282,736 shares during the last quarter. AGF Management Ltd. acquired a new stake in Flutter Entertainment during the third quarter worth about $9,519,000. Mutual of America Capital Management LLC acquired a new stake in Flutter Entertainment during the third quarter worth about $2,173,000. Finally, CenterBook Partners LP increased its stake in Flutter Entertainment by 723.5% during the third 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.

Flutter Entertainment Company 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.