Flutter Entertainment (FLUT) Insider Bryan Buys $30M of Stock

Dart Kenneth Bryan made a significant move in the stock market by acquiring 302,400 shares of Flutter Entertainment plc (NYSE:FLUT) on June 24, 2026. He purchased these shares at an average price of $98.29, with the total transaction valued at approximately $29.72 million. This purchase was not part of a pre-arranged trading plan.

Insider Buying and Selling at Flutter Entertainment plc

Dart Kenneth Bryan has been actively buying shares of Flutter Entertainment throughout June 2026. On June 24, he bought 302,400 shares at $98.29 each. Prior to this, he acquired 350,000 shares on June 23 at $98.58 and another 350,000 shares on June 22 at $99.12. Earlier in the month, he also purchased 9,426 shares on June 18 at $100, 50,000 shares on June 5 at $99.94, and 94,616 shares on June 3 at $99.96.

Other Institutional Activity in Flutter Entertainment

Parvus Asset Management Jersey Ltd grew its holdings in Flutter Entertainment by adding 2,619,855 shares, bringing its total to 11,615,148 shares valued at about $1.18 billion. BlackRock, Inc. also increased its position slightly by 45,396 shares, ending with 9,411,425 shares worth approximately $959.5 million. On the other hand, Capital World Investors reduced its stake by 1,883,677 shares, now holding 8,742,466 shares valued at around $891.2 million. Caledonia (Private) Investments Pty Ltd added 1,337,712 shares to its portfolio, totaling 8,529,573 shares worth about $869.6 million. CIBC Bancorp USA Inc. significantly boosted its holdings by 7,456,206 shares, reaching a total of 7,462,541 shares valued at approximately $760.8 million.

Flutter Entertainment plc Stock Up 16.3%

As of Saturday, shares of Flutter Entertainment (NYSE:FLUT) traded near $96.19. The company has a market capitalization of $16.68 billion and a forward P/E ratio of 10.63. With a beta of 1.105, the stock has seen a 52-week low of $91.52 and a high of $313.69. Its 50-day moving average stands at $102.70, while the 200-day moving average is $168.86. The company maintains a current ratio of 0.904 and a quick ratio of 0.429, with a debt-to-equity ratio of 129.365.

Analysts Set New Price Targets

On June 23, 2026, Freedom Broker initiated coverage on Flutter Entertainment with a 'hold' rating and a price target of $105. Earlier, on June 16, Wedbush initiated coverage with a 'buy' rating and a target of $138. Wells Fargo maintained its 'hold' rating with a $168 target on June 12. The consensus among 27 analysts is a 'buy', with a mean price target of $159.93.

About Flutter Entertainment

Flutter Entertainment plc is a major player in the gambling industry, offering sports betting and gaming services across various countries, including the United States, the United Kingdom, and Australia. The company operates notable brands such as FanDuel, Betfair, and PokerStars, providing a range of products from sportsbooks to online casinos. Headquartered in New York, NY, Flutter is led by CEO Jeremy Peter Jackson and employs over 28,000 people.

Bottom Line

Dart Kenneth Bryan's recent purchases highlight a strong interest in Flutter Entertainment's potential. This activity, coupled with institutional movements and analyst ratings, makes Flutter a closely watched stock. Remember, insider transactions are often reported after the fact and may not indicate future intentions.