Flutter Entertainment (FLUT) Insider Bryan Buys $42M of Stock

Dart Kenneth Bryan made a significant move on June 25, 2026, by purchasing 430,612 shares of Flutter Entertainment plc (NYSE:FLUT). This transaction was valued at approximately $41.7 million, with shares bought at an average price of $96.75 each.

Insider Buying and Selling at Flutter Entertainment plc

Dart Kenneth Bryan has been actively buying shares of Flutter Entertainment. On June 25, 2026, he bought 430,612 shares at $96.75 each. This follows several other purchases in June, including 302,400 shares on June 24 at $98.29, and 350,000 shares on June 23 at $98.58.

Other Institutional Activity in Flutter Entertainment

Several institutional investors have also been adjusting their positions in Flutter Entertainment. Parvus Asset Management Jersey Ltd increased its holdings by 2,619,855 shares, totaling 11,615,148 shares worth about $1.18 billion, marking a 29.1% increase. BlackRock, Inc. added 45,396 shares, bringing its total to 9,411,425 shares valued at roughly $959.5 million. Meanwhile, Capital World Investors reduced its stake by 1,883,677 shares, now holding 8,742,466 shares worth approximately $891.2 million, a 17.7% decrease. Caledonia (Private) Investments Pty Ltd grew its position by 1,337,712 shares to 8,529,573 shares valued at $869.6 million.

Flutter Entertainment plc Stock Up 16.3%

Shares of NYSE:FLUT traded near $104.19 on Tuesday. Flutter Entertainment has a market capitalization of about $18.1 billion and a forward P/E ratio of 11.5, indicating investor expectations for future earnings. The stock's 52-week range is between $91.52 and $313.69, with a 50-day moving average of $102.55 and a 200-day moving average of $167.92. The company has a beta of 1.105, reflecting its volatility compared to the market.

Analysts Set New Price Targets

Recent analyst activity includes Freedom Broker initiating coverage on June 23, 2026, with a hold rating and a price target of $105.00. Wedbush also initiated coverage on June 16, 2026, with a buy rating and a target of $138.00. Wells Fargo maintained a hold rating with a $168.00 target on June 12, 2026. The consensus recommendation is a buy, with an average target price of $159.93 based on 27 analyst opinions.

About Flutter Entertainment

Flutter Entertainment plc is a leading company in the sports betting and gaming industry, operating in several countries including the United States, the United Kingdom, and Australia. It offers a wide range of products such as sportsbooks, iGaming, poker, and sports betting through popular brands like FanDuel, Paddy Power, and Betfair. Headquartered in New York, NY, and led by CEO Mr. Jeremy Peter Jackson, the company employs over 28,000 people worldwide.

Bottom Line

Dart Kenneth Bryan's recent purchase of Flutter Entertainment shares shows his confidence in the company. With a forward P/E of 11.5 and recent analyst ratings, Flutter remains a stock to watch. As always with 13F filings and insider transactions, remember these reports reflect past activity and may not represent current positions.