Flutter CEO Jeremy Jackson sells $172,427 in shares

Jeremy Jackson, Chief Executive Officer and a Director of Flutter Entertainment plc (NYSE:FLUT), sold 1,762 ordinary shares of the company on September 1, 2026. The shares were sold at a price of $97.859 per share, totaling approximately $172,427. The stock has since risen to $102.33, though it remains down 65% over the past year. According to InvestingPro analysis, Flutter appears undervalued at current levels, with a Fair Value of $132.63.

The transaction was executed to cover tax withholding liabilities associated with the vesting and settlement of restricted stock units, according to a footnote in the SEC filing. Following this sale, Mr. Jackson directly holds 70,452 ordinary shares in Flutter Entertainment plc. While the company wasn’t profitable over the last twelve months, InvestingPro Tips indicate analysts predict profitability this year—one of 6 additional tips available to subscribers.

In other recent news, Flutter Entertainment has been the focus of several key developments. The company faced a downgrade in its price target from Needham, which reduced it to $110 from $135, following second-quarter results that fell short of expectations. Despite this, Needham maintained a Buy rating on the stock. Additionally, JPMorgan initiated coverage of Flutter Entertainment with a Neutral rating and set a price target of $114. Stifel reiterated its Buy rating on the company, citing a $385 million promotional investment in online sports betting planned for the latter half of 2026. Bank of America noted potential impacts on Flutter due to fee changes in the prediction market Kalshi, estimating a $4 million EBITDA impact for FanDuel, a Flutter subsidiary. Prediction market volume saw a 7% increase, with Kalshi maintaining a dominant market share. These developments come amid a competitive landscape in online sports betting and prediction markets.