Capital Fund Management S.A. Buys New Position in Flywire Corporation $FLYW

Key Points

• Capital Fund Management S.A. made a new investment of approximately $979,000 in Flywire Corporation, acquiring 103,031 shares during the first quarter.
• Institutional investors and hedge funds collectively own 95.90% of Flywire's stock, indicating strong institutional interest in the company.
• Recent analyst upgrades have improved Flywire's target price, with UBS raising it from $11.50 to $13.50 while maintaining a "neutral" rating.

Capital Fund Management S.A. acquired a new position in Flywire Corporation (NASDAQ:FLYW - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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.

Several other hedge funds and other institutional investors have also modified their holdings of FLYW. Point72 Asia Singapore Pte. Ltd. bought a new position in Flywire in the fourth quarter worth $77,000. GAMMA Investing LLC lifted its position in Flywire by 23,876.5% in the first quarter. GAMMA Investing LLC now owns 4,076 shares of the company's stock worth $429,000 after purchasing an additional 4,059 shares during the period. Cetera Investment Advisers bought a new position in Flywire in the fourth quarter worth $225,000. State of Wyoming lifted its position in Flywire by 80.1% in the fourth quarter. State of Wyoming now owns 10,939 shares of the company's stock worth $226,000 after purchasing an additional 4,865 shares during the period. Finally, Vident Advisory LLC bought a new position in Flywire in the fourth quarter worth $235,000. Institutional investors and hedge funds own 95.90% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on FLYW shares. Wells Fargo & Company reduced their target price on Flywire from $16.00 to $13.00 and set an "equal weight" rating for the company in a research report on Wednesday, May 7th. UBS Group lifted their price objective on Flywire from $11.50 to $13.50 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Wall Street Zen raised Flywire from a "sell" rating to a "hold" rating in a report on Sunday, August 10th. Truist Financial lifted their price objective on Flywire from $12.00 to $13.00 and gave the company a "buy" rating in a report on Thursday, July 17th. Finally, B. Riley cut their price target on Flywire from $17.00 to $15.00 and set a "buy" rating for the company in a report on Monday, June 23rd. Five investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $13.71.

Flywire Stock Down 0.1%

NASDAQ:FLYW traded down $0.01 during trading hours on Friday, reaching $13.15. 2,418,473 shares of the stock were exchanged, compared to its average volume of 2,569,252. Flywire Corporation has a twelve month low of $8.20 and a twelve month high of $23.40. The stock has a market cap of $1.61 billion, a PE ratio of 263.00, a PEG ratio of 2.77 and a beta of 1.27. 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 firm has a 50 day moving average of $11.76 and a 200 day moving average of $11.22.

Flywire (NASDAQ:FLYW - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.02). The firm had revenue of $127.50 million for the quarter, compared to the consensus estimate of $119.65 million. Flywire had a return on equity of 1.94% and a net margin of 1.27%.The firm's quarterly revenue was up 27.2% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.11) EPS. Flywire has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts expect that Flywire Corporation will post 0.14 earnings per share for the current year.

Insider Activity at Flywire

In related news, Director Edwin J. Santos sold 5,466 shares of the firm's stock in a transaction on 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 owned 21,990 shares in the company, valued at approximately $220,779.60. This trade represents a 19.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.40% of the company's stock.

About Flywire

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.