Flutter Entertainment (NYSE:FLUT) CEO Daniel Mark Taylor Sells 3,727 Shares of Stock

Flutter Entertainment PLC (NYSE:FLUT) CEO Daniel Taylor sold 3,727 shares of the stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $82.34, for a total transaction of $306,881.18. Following the completion of the sale, the chief executive officer owned 56,642 shares of the company’s stock, valued at approximately $4,663,902.28. This trade represents a 6.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Daniel Mark Taylor also recently made the following trade(s):

• On Tuesday, September 1st, Daniel Taylor sold 791 shares of Flutter Entertainment stock. The stock was sold at an average price of $97.86, for a total transaction of $77,407.26.

Flutter Entertainment Price Performance

Shares of NYSE FLUT opened at $81.53 on Monday. The company has a market capitalization of $14.18 billion, a PE ratio of -15.41 and a beta of 1.27. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.49. The stock’s 50 day moving average price is $85.47 and its 200-day moving average price is $104.88. Flutter Entertainment PLC has a twelve month low of $72.56 and a twelve month high of $235.77.

Flutter Entertainment (NYSE:FLUT) last issued its quarterly earnings results on Wednesday, November 4th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.50). The business had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.99 billion. Flutter Entertainment had a negative net margin of 5.37% and a positive return on equity of 4.38%. The business’s revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.64 earnings per share. On average, equities analysts anticipate that Flutter Entertainment PLC will post 3.05 EPS for the current year.

Institutional Investors Weigh In On Flutter Entertainment

Large investors have recently added to or reduced their stakes in the company. Parvus Asset Management Jersey Ltd purchased a new stake in Flutter Entertainment during the second quarter valued at about $1,552,097,267. Hsbc Holdings PLC boosted its position in Flutter Entertainment by 33,988.7% during the first quarter. Hsbc Holdings PLC now owns 5,605,543 shares of the company’s stock worth $575,185,000 after purchasing an additional 5,589,099 shares during the period. Amundi increased its stake in shares of Flutter Entertainment by 463.7% in the first quarter. Amundi now owns 2,059,906 shares of the company’s stock worth $210,007,000 after purchasing an additional 1,694,474 shares in the last quarter. Renaissance Technologies LLC purchased a new position in shares of Flutter Entertainment in the first quarter worth about $40,562,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Flutter Entertainment in the second quarter valued at approximately $9,881,000.

Flutter Entertainment News Summary

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

• Positive Sentiment: FanDuel’s betting handle rose 13%, a sign of customer activity that could help support future growth. FanDuel Handle Rises 13% as Flutter Cuts 2026 Revenue Outlook
• Positive Sentiment: Flutter plans to deliver $500 million in additional cost savings by 2029, which could help offset some pressure on earnings. Flutter cuts 2026 guidance and targets $500m more savings by 2029
• Neutral Sentiment: Analysts have reduced several price targets following the results, though some retained positive ratings. UBS, for example, cut its target to $120 but maintained a Buy rating. UBS analyst recommendations
• Negative Sentiment: Flutter missed Q3 revenue and EBITDA expectations and lowered its 2026 outlook. Reports cited unfavorable football results, tax changes and Brazil-related challenges, including an impairment, as factors weighing on performance. Flutter cuts 2026 outlook after Q3 loss Tax hike, football results and Brazil’s betting ban hit Flutter Entertainment
• Negative Sentiment: DraftKings’ sharp selloff after cutting its forecast also pressured Flutter and highlighted investor concern about competition and spending in prediction markets across the betting sector. DraftKings plunges on weak forecast and prediction-market spending

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Zacks Research lowered Flutter Entertainment from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Needham & Company LLC cut their price target on shares of Flutter Entertainment from $135.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Sanford C. Bernstein cut their price target on shares of Flutter Entertainment from $110.00 to $100.00 and set a “market perform” rating on the stock in a report on Tuesday, November 3rd. Stifel Nicolaus set a $124.00 price target on shares of Flutter Entertainment in a research report on Wednesday. Finally, Susquehanna raised their price objective on shares of Flutter Entertainment from $100.00 to $101.00 and gave the stock a “positive” rating in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Flutter Entertainment has an average rating of “Moderate Buy” and an average target price of $131.07.

Flutter Entertainment Company Profile

Flutter Entertainment is a global sports betting and gaming company that provides online and retail wagering, casino gaming and poker services. Its brands include FanDuel in the United States, Paddy Power and Betfair in the United Kingdom and Ireland, Sportsbet in Australia, and PokerStars in international markets.

The company serves customers across the United States, the United Kingdom and Ireland, Australia, and other international markets. Its offerings include online sports betting, iGaming products such as casino games, poker platforms, and, in some markets, betting shops.

Flutter was formed in 2016 through the merger of Paddy Power and Betfair and adopted the Flutter Entertainment name in 2019.