Billionaire Kerr Neilson bought over $8 million of Flutter Entertainment plc (NYSE:FLUT) shares, constituting 0.48% of his portfolio, in line with his top stock picks. BTIG maintained a ‘Buy’ rating on FLUT, raising the price target from $284 to $302, citing improved performance data and successful acquisitions in Brazil and Italy.

Flutter Entertainment plc (NYSE:FLUT) saw a 289% YoY increase in net income and 20% growth in adjusted EBITDA in Q1 2025, with sportsbook revenue up 15% and iGaming up 32%. The company operates globally with brands like FanDuel, Betfair, and PokerStars, serving markets in the U.S., UK, Europe, and Asia.

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Read more at Yahoo Finance: BTIG Maintains ‘Buy’ Rating on Flutter Entertainment plc (FLUT); Raises PT