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Flutter Entertainment chief legal officer sells $55,290 in shares

Flutter Entertainment chief legal officer sells $55,290 in shares

Don H. Liu, Chief Legal Officer at Flutter Entertainment plc, divested 565 ordinary shares on September 1, 2026, for a total of $55,290. This transaction aimed to settle tax withholding obligations tied to the vesting and payment of restricted stock units. Post-sale, Mr. Liu still owns 20,441.427 shares of the company. Flutter's shares have plummeted 65% year-on-year, but have recently recovered to $102.33 from a 52-week low of $89.71.

Analysts gauge the stock as potentially undervalued, with a Fair Value of $132.63. Flutter, valued at $17.7 billion, anticipates profitability this year, projecting earnings of $12.79 per share after a $4.28 per share loss last year. Investors can delve deeper with Flutter’s Pro Research Report. Flutter's Q2 2026 results fell short of expectations, leading Needham to cut its price target to $110 while maintaining a Buy rating.

JPMorgan initiated coverage with a Neutral rating and a $114 price target. Stifel also maintained a Buy rating, targeting $133, following a review of Flutter’s planned $385 million promotional investment in online sports betting. Bank of America warned of potential EBITDA impacts from upcoming fee changes by Kalshi on parlay markets, estimating a $4 million effect on Flutter's FanDuel.

These happen amidst fierce competition in online sports betting and prediction markets. This report, AI-assisted and edited, offers a comprehensive view of Flutter Entertainment's current landscape.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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