Flutter Entertainment (FLUT) Insider Bryan Buys $35M of Stock

Dart Kenneth Bryan recently made a significant purchase of Flutter Entertainment plc (NYSE:FLUT) shares. On June 22, 2026, he bought 350,000 shares at an average price of $99.12 each, amounting to a total investment of $34.69 million. This transaction was not part of a pre-planned trading program.

Other Institutional Activity in Flutter Entertainment

Parvus Asset Management Jersey Ltd increased its stake in Flutter Entertainment by 2,619,855 shares, bringing its total to 11,615,148 shares valued at approximately $1.18 billion, a 29.1% boost. BlackRock, Inc. added 45,396 shares, ending with 9,411,425 shares worth about $959.49 million, a modest 0.5% increase. Meanwhile, Capital World Investors reduced its position by 1,883,677 shares, leaving it with 8,742,466 shares valued at $891.20 million, reflecting a 17.7% decrease. Caledonia (Private) Investments Pty Ltd expanded its holdings by 1,337,712 shares to 8,529,573 shares, valued at $869.59 million, an 18.6% increase. Lastly, CIBC Bancorp USA Inc. made a substantial addition, acquiring 7,456,206 shares to reach a total of 7,462,541 shares worth $760.80 million.

Flutter Entertainment plc Stock Up 9.3%

Shares of Flutter Entertainment (NYSE:FLUT) traded near $97.85 on Thursday. The company, with a market capitalization of $16.89 billion, has a forward P/E ratio of 10.86 and a beta of 1.105. Over the past year, the stock has seen a 52-week low of $91.52 and a high of $313.69. Its 50-day moving average stands at $103.29, while the 200-day moving average is $172.76. The company's current ratio is 0.904, with a quick ratio of 0.429 and a debt-to-equity ratio of 129.365.

Recent Earnings

Flutter Entertainment reported revenue of $17.02 billion, reflecting a growth rate of 17.4%. Despite this, the company posted a net margin of -2.2% and a return on equity of -4.96%, indicating profitability challenges. The next earnings report is scheduled for August 6, 2026.

Insider Buying and Selling at Flutter Entertainment plc

Dart Kenneth Bryan has been actively purchasing shares of Flutter Entertainment throughout June 2026. Besides the June 22 acquisition, he bought 9,426 shares at $100 on June 18, 50,000 shares at $99.94 on June 5, and 94,616 shares at $99.96 on June 3. Additionally, insiders John Bryant and Nancy Cruickshank also bought shares, with Bryant purchasing 3,284 shares and Cruickshank acquiring 2,071 shares on June 2.

Analysts Set New Price Targets

On June 23, 2026, Freedom Broker initiated coverage on Flutter Entertainment with a 'hold' rating and a $105 price target. A week earlier, on June 16, Wedbush started coverage with a 'buy' rating and a $138 target. Wells Fargo maintained a 'hold' rating with a $168 target on June 12. According to 26 analyst opinions, the consensus is a 'buy' with a mean target price of $162.04.

About Flutter Entertainment

Flutter Entertainment plc is a major player in the sports betting and gaming industry. Operating globally, the company offers a range of products, including sportsbooks, iGaming, and lottery products. Its popular brands include FanDuel, Betfair, and Paddy Power. Headquartered in New York, NY, Flutter is led by CEO Jeremy Peter Jackson and employs over 28,500 people.

Bottom Line

Dart Kenneth Bryan's recent investment in Flutter Entertainment highlights a notable insider activity. While the company is facing profitability challenges, its significant market presence and diverse portfolio make it a stock to watch. Remember, 13F filings and insider trades are backward-looking and may not reflect current positions.