Capital Fund Management S.A. bought a new position in shares of Flywire Corporation (NASDAQ:FLYW – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 103,031 shares of the company’s stock, valued at approximately $979,000. Capital Fund Management S.A. owned about 0.08% of Flywire at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Voss Capital LP raised its position in Flywire by 97.6% during the first quarter. Voss Capital LP now owns 2,934,986 shares of the company’s stock worth $27,882,000 after acquiring an additional 1,449,986 shares during the last quarter. JT Stratford LLC acquired a new position in Flywire during the first quarter worth about $109,000. Quantbot Technologies LP acquired a new position in Flywire during the first quarter worth about $1,807,000. Wellington Management Group LLP acquired a new position in Flywire during the first quarter worth about $15,782,000. Finally, Algert Global LLC raised its position in Flywire by 535.8% during the first quarter. Algert Global LLC now owns 168,302 shares of the company’s stock worth $1,599,000 after acquiring an additional 141,832 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.
Analyst Upgrades and Downgrades
FLYW has been the subject of a number of research reports. UBS Group lifted their target price on shares of Flywire from $11.50 to $13.50 and gave the stock a “neutral” rating in a research report on Wednesday, August 6th. The Goldman Sachs Group raised their price target on shares of Flywire from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Thursday, May 8th. Wall Street Zen raised shares of Flywire from a “sell” rating to a “hold” rating in a research note on Sunday, August 10th. Royal Bank Of Canada decreased their price target on shares of Flywire from $20.00 to $17.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 7th. Finally, Wells Fargo & Company decreased their price target on shares of Flywire from $16.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 7th. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Flywire presently has a consensus rating of “Hold” and a consensus target price of $13.71.
Insider Buying and Selling at Flywire
In other news, Director Edwin J. Santos sold 5,466 shares of Flywire stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $10.04, for a total value of $54,878.64. Following the transaction, the director directly owned 21,990 shares of the company’s stock, valued at $220,779.60. The trade was a 19.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 4.40% of the stock is owned by corporate insiders.
Flywire Trading Up 1.6%
NASDAQ FLYW opened at $13.04 on Wednesday. Flywire Corporation has a 12 month low of $8.20 and a 12 month high of $23.40. The company has a 50-day moving average of $11.63 and a 200-day moving average of $11.38. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.87 and a quick ratio of 1.87. The company has a market cap of $1.59 billion, a P/E ratio of 260.80, a P/E/G ratio of 2.71 and a beta of 1.27.
Flywire (NASDAQ:FLYW – Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.02). Flywire had a net margin of 1.27% and a return on equity of 1.94%. The company had revenue of $127.50 million for the quarter, compared to analyst estimates of $119.65 million. During the same period in the prior year, the company earned ($0.11) EPS. The company’s revenue was up 27.2% compared to the same quarter last year. Flywire has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts predict that Flywire Corporation will post 0.14 earnings per share for the current year.
Flywire Profile
Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company’s platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly.
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