<div id="readability-page-1"><p>Flutter Entertainment PLC (NYSE:FLUT - Get Free Report) insider Don Liu purchased 1,459 shares of the firm's stock in a transaction dated Friday, May 8th. The stock was acquired at an average price of $102.78 per share, with a total value of $149,956.02. Following the purchase, the insider directly owned 22,265 shares of the company's stock, valued at approximately $2,288,396.70. The trade was a 7.01% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website.</p><div><p><span></span><span>Get <strong>Flutter Entertainment</strong> alerts:</span></p></div><h2>Flutter Entertainment Stock Performance</h2><ul><li>Flutter Sees Post-Earnings Boost as FanDuel Shows Signs of Recovery</li></ul><p>Shares of Flutter Entertainment stock traded up $4.03 during trading on Tuesday, hitting $97.99. 937,060 shares of the company's stock traded hands, compared to its average volume of 3,738,396. Flutter Entertainment PLC has a 1 year low of $93.56 and a 1 year high of $313.68. The business has a 50-day simple moving average of $106.57 and a 200-day simple moving average of $163.84. 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 stock has a market capitalization of $17.05 billion, a P/E ratio of -45.83, a PEG ratio of 0.84 and a beta of 1.58. </p><p>Flutter Entertainment (NYSE:FLUT - Get Free Report) last posted its earnings results 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. Flutter Entertainment had a negative net margin of 2.20% and a positive return on equity of 11.60%. The business had revenue of $4.30 billion for the quarter, compared to analysts' expectations of $4.24 billion. During the same quarter in the prior year, the business earned $1.59 EPS. The business's revenue for the quarter was up 17.4% compared to the same quarter last year.  As a group, analysts forecast that  Flutter Entertainment PLC will post 5.14 EPS for the current year. </p><ul><li>Analysts See 100% Upside in Flutter Stock Despite Prediction-Market Pressure</li></ul><p>Flutter Entertainment declared that its board has authorized a share repurchase plan on Wednesday, March 11th that permits the company to repurchase $250.00 million in  outstanding  shares. This repurchase authorization permits the company to reacquire up to 1.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its shares are undervalued. </p><h2>Institutional Trading of Flutter Entertainment</h2><p>Several institutional investors have recently made changes to their positions in FLUT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in  Flutter Entertainment by 5.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,311 shares of the company's stock valued at $290,000 after purchasing an additional 69 shares during the period.  Sivia Capital Partners LLC bought a new position in  Flutter Entertainment in the 2nd quarter worth approximately $405,000.  Creative Planning purchased a new stake in  Flutter Entertainment during the 2nd quarter valued at approximately $296,000.  Northwestern Mutual Wealth Management Co. raised its position in shares of  Flutter Entertainment by 246.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 187 shares of the company's stock valued at $53,000 after buying an additional 133 shares during the last quarter.  Finally, EverSource Wealth Advisors LLC raised its position in shares of  Flutter Entertainment by 74.6% during the second quarter. EverSource Wealth Advisors LLC now owns 248 shares of the company's stock valued at $71,000 after buying an additional 106 shares during the last quarter. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Buyback Watch: KLA, Flutter, and Grab Move Fast as Their Stocks Swing</li></ul><p>FLUT has been the subject of a number of recent research reports. Barclays cut their price target on Flutter Entertainment from $175.00 to $150.00 and set an &#34;overweight&#34; rating for the company in a research note on Friday. Citigroup downgraded shares of Flutter Entertainment from a &#34;buy&#34; rating to a &#34;sell&#34; rating in a report on Thursday, April 16th. UBS Group reduced their target price on shares of Flutter Entertainment from $300.00 to $160.00 and set a &#34;buy&#34; rating for the company in a report on Wednesday, March 25th. Wells Fargo &amp; Company decreased their price target on shares of Flutter Entertainment from $164.00 to $161.00 and set an &#34;equal weight&#34; rating on the stock in a research report on Friday. Finally, Stifel Nicolaus dropped their price target on shares of Flutter Entertainment from $216.00 to $189.00 and set a &#34;buy&#34; rating on the stock in a research note on Thursday, April 9th. Two research 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 given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $194.23.</p><p><b>Check Out Our Latest Stock Analysis on FLUT</b></p><h2>Flutter Entertainment Company Profile</h2> (Get Free Report)<p>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.  </p><p>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 &amp; Gaming in Europe and elsewhere.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Flutter Entertainment</li><li>The DRAM Shake-Up: Samsung Stumbles, Micron Chases $1000</li><li>MP Materials Is Quietly Building a Rare Earth Powerhouse</li><li>AI Demand Fuels Strong Q1 Earnings for Constellation Energy</li><li>Sony's $4 Billion Bet on Rock &amp; Roll Royalties</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZMVVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZMVVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Flutter Entertainment Right Now?</h2><p>Before you consider Flutter Entertainment, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Flutter Entertainment wasn't on the list.</p><p>While Flutter Entertainment currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FLUT

FLTR

<p>Flutter Entertainment insider Don Liu purchased 1,459 shares at $102.78 each, totaling $149,956.02, increasing his ownership by 7.01% to 22,265 shares valued at approximately $2.29 million. The transaction was disclosed to the SEC. Flutter's stock recently traded at $97.99, with a market cap of $17.05 billion. The company reported $1.22 EPS, exceeding estimates, and had a revenue of $4.30 billion for the quarter, up 17.4% year-over-year. Analysts forecast a 100% upside for Flutter's stock despite recent price target reductions by Barclays and Citigroup.</p>

Market Beat

Insider Buying: Flutter Entertainment (NYSE:FLUT) Insider Purchases 1,459 Shares of Stock