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Flutter Entertainment Plc (FLUT) receives a Add rating from Peel Hunt

NUE

In a filing, Flutter Entertainment Plc revealed its Chief Financial Officer Coldrake Robert unloaded Company’s shares for reported $42348.0 on Mar 07 ’25. In the deal valued at $255.11 per share,166 shares were sold. As a result of this transaction, Coldrake Robert now holds 184 shares worth roughly $44053.28.

Then, Jackson Jeremy Peter sold 25,027 shares, generating $6,556,085 in total proceeds. Upon selling the shares at $261.96, the Director now owns 21,148 shares.

Before that, Jackson Jeremy Peter sold 3,896 shares. Flutter Entertainment Plc shares valued at $984,753 were divested by the Director at a price of $252.76 per share. As a result of the transaction, Jackson Jeremy Peter now holds 20,993 shares, worth roughly $5.03 million.

Peel Hunt upgraded its Flutter Entertainment Plc [FLUT] rating to a Add from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating. Stifel began covering FLUT with “Buy” recommendation on January 17, 2025. Macquarie started covering the stock on December 11, 2024. It rated FLUT as “an Outperform”.

Price Performance Review of FLUT

On Monday, Flutter Entertainment Plc [NYSE:FLUT] saw its stock jump 0.92% to $239.42. Over the last five days, the stock has gained 5.24%. Flutter Entertainment Plc shares have fallen nearly -7.36% since the year began. Nevertheless, the stocks have risen 6.11% over the past one year. While a 52-week high of $299.73 was reached on 02/14/25, a 52-week low of $174.03 was recorded on 03/10/25. SMA at 50 days reached $263.43, while 200 days put it at $233.55.

Levels Of Support And Resistance For FLUT Stock

The 24-hour chart illustrates a support level at 236.29, which if violated will result in even more drops to 233.15. On the upside, there is a resistance level at 241.23. A further resistance level may holdings at 243.03. The Relative Strength Index (RSI) on the 14-day chart is 39.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -16.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.29%. Stochastics %K at 27.30% indicates the stock is a holding.

How much short interest is there in Flutter Entertainment Plc?

A steep rise in short interest was recorded in Flutter Entertainment Plc stocks on 2025-02-28, dropping by -0.13 million shares to a total of 3.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.45 million shares. There was a decline of -4.04%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on November 22, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $320 price target.

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