Daniel Mark Taylor, President and CEO of Flutter Entertainment, sold 791 ordinary shares on September 1, 2026, at $97.859 per share, generating proceeds of $77,406. The transaction was executed to cover tax withholding obligations tied to the vesting of Restricted Stock Units.
Taylor’s direct holdings in Flutter now stand at 52,467 ordinary shares. On the same date, he converted nil-cost stock options into 13,541 RSUs, with 7,902 units vesting on October 1, 2026, and 5,639 units vesting on September 1, 2027. Post-conversion, his RSU holdings total 13,541 units.
Flutter’s shares, which have declined 65% over the past year and 54% year-to-date, closed at $102.35 following the sale. The company’s market capitalization is $17.7 billion. Analysts have adjusted price targets amid mixed performance: Needham lowered its target to $110 from $135 while maintaining a Buy rating, Stifel kept its Buy rating with a $133 target, and JPMorgan initiated coverage with a Neutral rating and a $114 target. Bank of America estimated a $4 million EBITDA impact in the second half related to FanDuel’s market-making revenue.
Shares rose 4.6% after a court ruling involving prediction market Kalshi, which had challenged FanDuel’s market-making fees.
