A $30.6M open-market purchase by the company's largest non-institutional holder is a strong vote of confidence. Director sales are immaterial and likely mechanical. Monitor for a potential catalyst — Dart often buys ahead of positive corporate events or when he views shares as materially undervalued. The cross-filing context includes amplifiers for cluster-insider-trades + multiple contextual flags, supporting a modest bullish read. The stock has seen volatile T+5 responses across prior reports, so sizing should account for mean-reversion risk.
Price Chart
Executive Summary
This insider cluster at Flutter Entertainment shows a large open-market purchase of $30.64M by 10% owner Kenneth Bryan Dart on May 26, while several directors sold trivial amounts totaling ~$144K on May 28. Dart's purchase alone represents 0.18% of Flutter's $16.7B market cap, a meaningful signal of insider confidence, especially given his 10%-owner status and the purchase's size. The director sales are routine rounding trades likely tied to grant settlements and carry no informational content.
Key Financial Metrics
Key Facts
- Kenneth Bryan Dart (10% Owner) purchased 322,567 shares at ~$95.00 on 2026-05-26, totaling $30.64M
- Eight directors sold shares on 2026-05-28, each sale ranging from $12.8K to $41.5K, totaling ~$144K
- Total purchase value of $30.64M = 0.18% of Flutter's $16.7B market cap
- Total director sales value of ~$144K = 0.0009% of market cap — de minimis
- All director sales occurred at the same price ($94.63) on the same date, consistent with a planned settlement or tax event
- Recent insider activity (30d): $45.4M in buys vs $144K in sells — net buying strongly dominant
Financial Impact
10% owner invested $30.64M at ~$95/share, representing 0.18% of market cap
Risk Factors
- Director sales, while trivial, cluster on one date and could precede a broader sell program
- Historical performance on FLUT insider cluster reads shows mixed T+5 results (+5.41%, -1.21%, +3.48%, +0.35%) — not uniformly positive
- Score calibration for score=5 level is calibrated at 29% observed up-move rate — though this applies to all filing_reports, not insider clusters specifically
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-1780062933307 |
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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