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In a recent transaction reported to the Securities and Exchange Commission (SEC), Nancy Dubuc, a director at Flutter Entertainment plc (NASDAQ:FLUT), a $43.19 billion market cap company, sold 265 ordinary shares. The sale, executed on June 4, 2025, generated a total value of $64,914 with shares sold at a weighted average price of $244.96 each. According to InvestingPro analysis, the company maintains a "GOOD" financial health score of 2.62.
The transaction was carried out to cover tax withholding liabilities associated with the vesting and settlement of restricted stock units. Following this transaction, Dubuc holds 558 shares directly and an additional 1,022 shares indirectly through a family trust.
This transaction provides insight into the trading activities of company insiders, which can be of interest to investors monitoring executive stock moves.
In other recent news, Flutter Entertainment has announced the issuance of $1 billion in senior secured notes, which will be used to repay amounts under a previously established Bridge Credit Agreement and cover general corporate expenses. The company has also increased its term B loans by $750 million. In analyst updates, Citizens JMP reaffirmed their Market Outperform rating for Flutter Entertainment, maintaining a $301.00 price target, expressing confidence in the company’s strategy despite unfavorable sports outcomes. Additionally, Bernstein SocGen Group initiated coverage with a Market Perform rating and a price target of $275, noting the company’s growth prospects and market leadership. Meanwhile, Citi analysts have maintained a Buy rating, with a price target of £250.00, amid new tax changes in Illinois that could impact Flutter’s U.S. adjusted EBITDA by 6% in 2025. The company also provided an update on its total voting rights, ensuring transparency and compliance with regulatory obligations. These developments highlight Flutter Entertainment’s strategic financial management and market positioning.
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