Flutter CEO Jeremy Jackson sells $172,427 in shares

Flutter Entertainment plc's CEO, Jeremy Jackson, divested 1,762 of the company's ordinary shares on September 1, 2026. The shares were disposed of at $97.859 per share, amounting to roughly $172,427. Following the transaction, Mr. Jackson directly owns 70,452 shares of Flutter Entertainment plc. The company's stock was trading at $102.33 at the time of reporting, having risen from its previous level but still down 65% over the past year.

According to InvestingPro analysis, the stock appears undervalued, with a Fair Value of $132.63. The sale was made to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units, as per an SEC filing footnote. Despite the company not being profitable in the previous twelve months, analysts predict profitability this year—among 6 additional insights available to subscribers.

Flutter Entertainment has recently been the subject of various developments. Needham's price target for the stock has been reduced to $110 from $135 following weaker-than-expected second-quarter results, though a Buy rating remains intact. JPMorgan has initiated coverage with a Neutral rating and a price target of $114. Additionally, Stifel reaffirmed its Buy rating, citing a $385 million promotional investment in online sports betting for the second half of 2026.

Bank of America anticipates potential impacts due to fee changes in the prediction market Kalshi, estimating a $4 million EBITDA impact for Flutter's FanDuel subsidiary. Prediction market trading volume saw a 7% increase, with Kalshi maintaining a dominant market share. These events occur within a competitive landscape in online sports betting and prediction markets.