Fed’s Powell opens door to potential rate cuts at Jackson Hole
Taylor Daniel Mark, Chief Executive Officer - International at Flutter Entertainment PLC (EXCHANGE:FLUT), sold 2,076 ordinary shares of the company on August 14, 2025. The sales were executed at prices ranging from $289.94 to $293.49, resulting in a total transaction value of $606,692. The transaction occurred as Flutter’s stock trades near its InvestingPro Fair Value, with the company showing strong revenue growth of 15.63% over the last twelve months.
On the same day, Taylor also exercised options to acquire 2,076 ordinary shares at a price of $0. Flutter Entertainment, currently valued at $50.76 billion, has demonstrated robust performance with a 39% return over the past year. InvestingPro analysis reveals 12 additional key insights about Flutter’s valuation and growth prospects, available in the comprehensive Pro Research Report.
In other recent news, Flutter Entertainment reported strong second-quarter results, with revenue reaching $4.19 billion, marking a 16% increase year-over-year. The company also achieved an adjusted EBITDA of $919 million, reflecting a 25% growth compared to the previous year. These figures surpassed consensus estimates, with revenue exceeding expectations by 1% and EBITDA by 14%. Following these results, several financial firms have adjusted their price targets for Flutter Entertainment. Macquarie raised its price target to $340, while Benchmark increased it to $365, both maintaining positive ratings on the stock. UBS also revised its target to $360, citing strong U.S. results, and Stifel adjusted its target to $356, attributing the performance to favorable U.S. sports outcomes. Bernstein SocGen Group increased its target to $340, highlighting FanDuel as a key growth driver. These developments reflect a broad consensus among analysts about the company’s promising performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.