<div id="readability-page-1"><p>Flutter Entertainment PLC (NYSE:FLUT - Get Free Report)'s share price gapped down before the market opened on Thursday after Needham &amp; Company LLC lowered their price target on the stock from $325.00 to $300.00. The stock had previously closed at $234.45, but opened at $219.48. Needham &amp; Company LLC currently has a buy rating on the stock. Flutter Entertainment shares last traded at $215.4670, with a volume of 1,024,219 shares changing hands.</p><ul><li>MarketBeat Week in Review – 11/03 - 11/07</li></ul><p>Other analysts have also recently issued reports about the company. Citigroup cut Flutter Entertainment from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Tuesday, November 4th. Barclays increased their target price on shares of Flutter Entertainment from $350.00 to $352.00 and gave the stock an &#34;overweight&#34; rating in a research report on Friday, August 8th. Oppenheimer decreased their price objective on Flutter Entertainment from $350.00 to $330.00 and set an &#34;outperform&#34; rating for the company in a report on Tuesday, October 14th. Peel Hunt lowered Flutter Entertainment from an &#34;add&#34; rating to a &#34;hold&#34; rating in a research report on Friday, August 8th. Finally, JMP Securities lowered their price objective on shares of Flutter Entertainment from $345.00 to $340.00 and set a &#34;market outperform&#34; rating on the stock in a research report on Wednesday, October 1st. One analyst  has rated the stock with a Strong Buy rating, sixteen have issued  a Buy rating, six have issued  a Hold rating and one  has issued  a Sell rating to the company. According to data from MarketBeat, the stock  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $323.56.</p><div><p><span></span><span>Get <strong>Flutter Entertainment</strong> alerts:</span></p></div><p><b>View Our Latest Analysis on FLUT</b></p><h2>Insider Activity at Flutter Entertainment</h2><ul><li>Prediction Markets Are Coming: Can DraftKings &amp; FanDuel Survive?</li></ul><p>In related news, CEO Jeremy Peter Jackson sold 2,112 shares of the business's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $292.42, for a total value of $617,591.04. Following the completion of the transaction, the chief executive officer directly owned 31,944 shares in the company, valued at $9,341,064.48. The trade was a 6.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Amy Howe sold 4,097 shares of the company's stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $305.91, for a total value of $1,253,313.27. Following the completion of the sale, the chief executive officer owned 69,850 shares of the company's stock, valued at $21,367,813.50. This trade represents a 5.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own  0.09% of the company's stock. </p><h2>Institutional Trading of Flutter Entertainment</h2><p>Institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp boosted its holdings in  Flutter Entertainment by 120.1% in the second quarter. Bank of New York Mellon Corp now owns 454,660 shares of the company's stock valued at $129,924,000 after acquiring an additional 248,109 shares during the last quarter.  Jefferies Financial Group Inc. lifted its position in  Flutter Entertainment by 5.4% during the first quarter. Jefferies Financial Group Inc. now owns 18,163 shares of the company's stock worth $3,995,000 after purchasing an additional 928 shares during the period.  Jupiter Asset Management Ltd. bought a new stake in shares of  Flutter Entertainment during the first quarter worth about $1,700,000.  Fortis Capital Advisors LLC bought a new stake in shares of  Flutter Entertainment during the 2nd quarter valued at about $665,000.  Finally, Corton Capital Inc. purchased a new position in shares of  Flutter Entertainment during the second quarter valued at approximately $556,000. </p><h2>Flutter Entertainment Stock Down 9.7%</h2><ul><li>Robinhood Up 12%—Could Prediction Markets Be Its Secret Weapon?</li></ul><p>The company has a market capitalization of $37.30 billion, a PE ratio of 106.40 and a beta of 1.84. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.95. The stock's fifty day moving average is $257.11 and its two-hundred day moving average is $268.97. </p><p>Flutter Entertainment (NYSE:FLUT - Get Free Report) last released its quarterly earnings results on Wednesday, November 12th. The company reported $1.64 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.87. The firm had revenue of $3.79 billion for the quarter, compared to analysts' expectations of $2.92 billion. Flutter Entertainment had a return on equity of 12.15% and a net margin of 2.96%.The company's revenue was up 16.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.27 EPS.  Flutter Entertainment has set its FY 2025 guidance at  EPS. As a group, analysts predict that  Flutter Entertainment PLC will post 4.17 EPS for the current year. </p><p>Flutter Entertainment announced that its board has authorized a share repurchase program on Friday, August 8th that allows the company to repurchase $245.00 million in  outstanding  shares. This repurchase authorization allows the company to buy up to 0.5% of its stock  through open market purchases. Stock  repurchase programs are typically an indication that the company's leadership believes its stock is undervalued. </p><h2>About Flutter Entertainment</h2> (Get Free Report)<p>Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK &amp; Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.</p><h2>Read More</h2><ul><li>Five stocks we like better than Flutter Entertainment</li><li>Earnings Per Share Calculator: How to Calculate EPS</li><li>4 High-Yield Real Estate Stocks to Buy as Investors Get Defensive</li><li>5 Top Rated Dividend Stocks to Consider</li><li>Oklo’s Meltdown Is Over: A Robust Rebound Lies Ahead</li><li>Trading Halts Explained</li><li>3 Reasons On Holding’s Sell-Off Is Over and New Highs Are Coming</li></ul><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>

FLTR

<p>Flutter Entertainment (NYSE:FLUT) shares fell after Needham & Company LLC lowered their price target from $325.00 to $300.00. The stock opened at $219.48, down from the previous close of $234.45. Other analysts also issued mixed ratings, with Citigroup downgrading to 'hold' and Barclays raising the target price. The company reported strong quarterly earnings, beating estimates with $1.64 EPS and $3.79 billion in revenue. Insider trading activity included sales by CEOs Jeremy Peter Jackson and Amy Howe. Institutional investors have adjusted their holdings in the company.</p>

Flutter Entertainment (NYSE:FLUT) Shares Gap Down After Analyst Downgrade