The massive Dart purchase is a strong bullish signal, but FLUT's historical model performance is poor (avg -12.88% at T+20). The score calibration suggests downgrading bullish scores due to low observed win rates at this impact level. Monitor for any upcoming earnings or material events that may have triggered this buying; the cross-filing amplifiers (cluster-earnings-context, cluster-agreement-context) suggest this may be tied to a catalyst.
Price Chart
Executive Summary
Flutter Entertainment (FLUT) saw a mixed insider cluster over the past week, dominated by a massive $69.3M open-market purchase by 10% owner Kenneth Bryan Dart across three trades, including a $47.6M buy at ~$92.92. This is partially offset by a routine $118K sale by the Chief Legal Officer. The buying is highly material at ~0.41% of market cap, but the historical model performance on FLUT is poor (avg -12.88% at T+20), and the score calibration suggests downgrading bullish scores due to low observed win rates.
Key Financial Metrics
Key Facts
- Kenneth Bryan Dart (10% Owner) purchased 734,897 shares total over 3 days for ~$69.3M, with the largest single purchase of 512,615 shares at $92.92 on May 15.
- Total open-market buying value of ~$69.3M represents ~0.41% of FLUT's $16.9B market cap, a significant insider signal.
- Chief Legal Officer Don H. Liu sold 1,300 shares for $118K on May 13, a trivial amount relative to the buying.
- Director Lennon Carolan and President Daniel Mark Taylor made small purchases totaling ~$200K, reinforcing the bullish cluster.
- Historical model performance on FLUT is poor: the only settled T+20 report had a -12.88% return, and the score calibration shows score-6 and score-7 cells have <32% observed win rates.
Financial Impact
Insider buying of ~$69.3M (0.41% of market cap) concentrated in a single 10% owner, with no material selling.
Risk Factors
- Historical model performance on FLUT is poor, with the only settled T+20 report showing a -12.88% return.
- Score calibration shows score-6 cells have only 31% observed win rates at T+20, suggesting bullish signals on this ticker have historically underperformed.
- The cluster is dominated by a single 10% owner; while significant, it lacks the broader C-suite participation that typically amplifies signal strength.
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-1779397259723 |
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
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access