Flutter Entertainment (NYSE:FLUT) CFO Robert Coldrake Sells 129 Shares of Stock

Flutter Entertainment PLC (NYSE:FLUT) CFO Robert Coldrake sold 129 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $101.40, for a total transaction of $13,080.60. Following the sale, the chief financial officer owned 23,488 shares in the company, valued at approximately $2,381,683.20. This trade represents a 0.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Robert Coldrake also recently made the following trade(s):

• On Wednesday, March 11th, Robert Coldrake sold 4,613 shares of Flutter Entertainment stock. The stock was sold at an average price of $106.45, for a total transaction of $491,053.85.

Flutter Entertainment Stock Up 2.3%

Shares of NYSE FLUT opened at $96.13 on Wednesday. Flutter Entertainment PLC has a 1 year low of $93.56 and a 1 year high of $313.68. The firm’s 50 day moving average price is $106.37 and its 200 day moving average price is $162.74. The firm has a market cap of $16.72 billion, a P/E ratio of -44.92, a price-to-earnings-growth ratio of 1.18 and a beta of 1.58. 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 announced its earnings results on Wednesday, May 6th. The company reported $1.22 earnings per share (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 last year, the business earned $1.59 earnings per share. Flutter Entertainment’s revenue was up 17.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Flutter Entertainment PLC will post 5.14 earnings per share for the current year.

Flutter Entertainment announced that its Board of Directors has initiated a share buyback program on Wednesday, March 11th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 1.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Hedge Funds Weigh In On Flutter Entertainment

Hedge funds have recently made changes to their positions in the business. JFS Wealth Advisors LLC purchased a new position in shares of Flutter Entertainment in the 3rd quarter valued at $27,000. MassMutual Private Wealth & Trust FSB raised its stake in shares of Flutter Entertainment by 219.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 115 shares of the company’s stock valued at $25,000 after acquiring an additional 79 shares during the period. JCIC Asset Management Inc. purchased a new position in shares of Flutter Entertainment in the 3rd quarter valued at $32,000. Zions Bancorporation National Association UT raised its stake in shares of Flutter Entertainment by 1,685.7% in the 4th quarter. Zions Bancorporation National Association UT now owns 125 shares of the company’s stock valued at $27,000 after acquiring an additional 118 shares during the period. Finally, Atlantic Union Bankshares Corp purchased a new position in shares of Flutter Entertainment in the 3rd quarter valued at $34,000.

Key Flutter Entertainment News

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

• Positive Sentiment: Multiple insiders, including CEO Jeremy Peter Jackson, COO James Philip Bishop, and directors John A. Bryant, Stefan Andreas Bomhard, and Don H. Liu, bought shares recently. That kind of insider buying can signal confidence that the stock is undervalued after its sharp decline. Article on CEO trade
• Positive Sentiment: Flutter canceled another 197,611 shares under its $5 billion buyback program, which supports earnings per share and reinforces management’s commitment to returning capital to shareholders. Article on share cancellation
• Neutral Sentiment: Flutter also drew a mixed analyst backdrop, with several firms cutting price targets after earnings while still maintaining buy or outperform ratings. This suggests the stock is seen as cheaper, but near-term execution risk remains. Article on analyst views
• Negative Sentiment: Citi warned that Flutter’s U.S. profit targets may still be too optimistic, especially if FanDuel and other U.S. operations fail to meet consensus expectations in the second half of 2026. Article on Citi warning
• Negative Sentiment: Flutter was also hit by reports of FanDuel performance challenges and a leadership shake-up, which helped trigger the recent selloff and added to concerns about the company’s U.S. growth story. Article on stock decline

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on FLUT shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $167.00 target price on shares of Flutter Entertainment in a research report on Friday. Stifel Nicolaus cut their price target on shares of Flutter Entertainment from $216.00 to $189.00 and set a “buy” rating on the stock in a research note on Thursday, April 9th. Susquehanna cut their price target on shares of Flutter Entertainment from $160.00 to $143.00 and set a “positive” rating on the stock in a research note on Tuesday, March 31st. Wells Fargo & Company cut 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 note on Friday, May 8th. Finally, Zacks Research downgraded shares of Flutter Entertainment from a “hold” rating to a “strong sell” rating in a research note on Monday, January 19th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $194.23.

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.