Kenneth Dart's $9.46M purchase is a strong conviction signal from a 10% owner, but the small relative size (~0.05% of market cap) limits its market impact. Monitor for additional Dart filings or a Schedule 13D amendment; the director sales are routine and non-informative. The stock's recent positive drift (T+5 +3.8% on prior reports) suggests momentum may already reflect this buying.
Price Chart
Executive Summary
A cluster of 10 Flutter insiders traded over a 7-day window, dominated by a $9.46M open-market purchase by 10% owner Kenneth Dart at ~$100/share. Seven directors sold small, routine tax-related lots totaling ~$157K on May 28, while Dart's large buy is the standout signal. The $9.46M purchase represents ~0.05% of Flutter's $17.7B market cap, falling below the 0.1% materiality threshold, but the buy's absolute size and the buyer's status as a 10% owner make it notable.
Key Financial Metrics
Key Facts
- 10% owner Kenneth Dart purchased 94,616 shares for $9.46M at $99.96 on June 3, 2026
- Seven directors sold small lots totaling ~$157K on May 28, 2026, likely tax-related (each sale <$42K)
- Non-cash grants to 9 directors and 1 executive on June 2, 2026 (total 26,456 shares at $0)
- Total cluster value: $9.61M; net direction mixed but buy dominates by dollar value
- Dart's purchase is ~0.05% of Flutter's $17.7B market cap, below the 0.1% materiality threshold
Financial Impact
Kenneth Dart's $9.46M open-market purchase at $99.96 per share, representing ~0.05% of market cap
Risk Factors
- Dart's purchase is small relative to market cap; may not signal broader insider confidence
- Director sales, though small, could indicate routine portfolio rebalancing or tax planning
- No C-suite insider buying; the purchase is from a 10% owner, not management
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FLUT-1780693138517 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 21, 2026 11d ago | ANALYST-DOWNGRADE | $86.86 $76.63 | ▲ +11.78% | ▲ +11.50% | $74.81 (+13.87%) |
Sep 3, 2026 29d ago | Insider Cluster | $102.34 $100.56 | ▼ −1.74% | ▼ −0.59% | $74.81 (−26.90%) |
Sep 3, 2026 29d ago | Insider Cluster | $102.34 $100.56 | ▼ −1.74% | ▼ −0.59% | $74.81 (−26.90%) |
Sep 2, 2026 4w ago | ANALYST-UPGRADE | $101.98 $98.68 | ▼ −3.24% | ▼ −2.28% | $74.81 (−26.64%) |
Aug 20, 2026 6w ago | Insider Cluster | $99.57 $95.01 | ▼ −4.58% | ▼ −5.69% | $74.81 (−24.87%) |
Aug 12, 2026 7w ago | ANALYST-UPGRADE | $98.08 $99.16 | ▲ +1.10% | ▲ +1.55% | $74.81 (−23.73%) |
Aug 7, 2026 8w ago | ANALYST-UPGRADE | $94.74 $101.41 | ▲ +7.04% | ▲ +6.64% | $74.81 (−21.04%) |
Aug 5, 2026 8w ago | 8-K | $92.91 $98.08 | ▼ −5.56% | ▼ −5.21% | $74.81 (+19.48%) |
Aug 5, 2026 8w ago | 8-K | $92.91 $98.08 | ▲ +5.56% | ▲ +5.21% | $74.81 (−19.48%) |
Aug 5, 2026 8w ago | Press Release | $92.91 $98.08 | ▼ −5.56% | ▼ −5.21% | $74.81 (+19.48%) |
US Market Status
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