Flutter Entertainment chief legal officer sells $55,290 in shares By Investing.com

Don H. Liu, Chief Legal Officer of Flutter Entertainment plc (), sold 565 ordinary shares of the company on September 1, 2026. The shares were sold at a price of $97.859 each, totaling $55,290 from the transaction.

The sale was conducted to cover tax withholding liability associated with the vesting and settlement of restricted stock units. Following this transaction, Mr. Liu directly holds 20,441.427 ordinary shares in Flutter Entertainment plc.The insider sale comes as Flutter’s stock has declined 65% over the past year, though shares have recently rebounded to $102.33 from a 52-week low of $89.71. According to InvestingPro analysis, the stock appears undervalued at current levels, with a Fair Value of $132.63. The company, which has a market capitalization of $17.7 billion, is expected to return to profitability this year with forecast earnings of $12.79 per share after posting a loss of $4.28 per share over the last twelve months. For deeper insights, investors can access Flutter’s comprehensive Pro Research Report, available for this and 1,400+ other US equities.

In other recent news, Flutter Entertainment’s second-quarter results for 2026 have raised some concerns as they fell below expectations, prompting Needham to lower its price target to $110 from $135 while maintaining a Buy rating. The firm’s adjusted EBITDA estimates for Flutter’s U.S. operations were also reduced. Meanwhile, JPMorgan initiated coverage on Flutter Entertainment with a Neutral rating and set a price target of $114. This comes as the stock has seen a significant decline of 54% year-to-date, contrasting with an average 3% decline among its gaming peers.

Additionally, Stifel reiterated a Buy rating on Flutter Entertainment, maintaining a price target of $133, following an analysis of the company’s planned $385 million promotional investment in online sports betting for the second half of 2026. Bank of America noted potential impacts on Flutter’s stock due to Kalshi’s upcoming fee changes on parlay markets, estimating a $4 million EBITDA impact for FanDuel. These developments occur amid a competitive environment in online sports betting and prediction markets.

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