Citigroup Inc. Sells 392,888 Shares of Flutter Entertainment PLC $FLUT

NodeGuardian · 2026-02-23T10:03:48+00:00

Citigroup Inc. cut its stake in Flutter Entertainment by 48.6%, while other investors increased their positions. Flutter's stock trades below moving averages, with analysts rating it a "Moderate Buy" and setting a target of $269.10, though some ratings have been downgraded.

NodeGuardian

2026-02-23 10:03:48

Abstract generation in progress

Citigroup Inc. significantly reduced its stake in Flutter Entertainment PLC by selling 392,888 shares, decreasing its holdings by 48.6% in the third quarter. Despite this, other institutional investors like Vanguard Group, Parvus Asset Management Jersey Ltd, Norges Bank, State Street Corp, and Geode Capital Management LLC either increased or initiated substantial positions in the company. Flutter Entertainment’s stock is trading below its moving averages, with analysts giving it a “Moderate Buy” rating and an average price target of $269.10, although some have recently downgraded their ratings or lowered price targets.

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