Caxton Associates LLP Buys Shares of 41,405 Flywire Corporation $FLYW

Key Points

• Caxton Associates LLP acquired 41,405 shares of Flywire Corporation valued at approximately $393,000, indicating a growing interest from institutional investors in this stock.
• Researchers have varied opinions on Flywire's stock, with five analysts rating it as a buy, while others maintain a hold or sell rating, resulting in an average target price of $13.71.
• Flywire's latest earnings report showed a revenue increase of 27.2% year-over-year, despite reporting a loss of $0.09 earnings per share, which was below analyst expectations.

Caxton Associates LLP bought a new stake in shares of Flywire Corporation (NASDAQ:FLYW - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 41,405 shares of the company's stock, valued at approximately $393,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. bought a new stake in Flywire during the 4th quarter valued at $77,000. GAMMA Investing LLC raised its position in Flywire by 23,876.5% during the 1st quarter. GAMMA Investing LLC now owns 4,076 shares of the company's stock valued at $429,000 after purchasing an additional 4,059 shares in the last quarter. Cetera Investment Advisers bought a new stake in Flywire during the 4th quarter valued at $225,000. State of Wyoming raised its position in Flywire by 80.1% during the 4th quarter. State of Wyoming now owns 10,939 shares of the company's stock valued at $226,000 after purchasing an additional 4,865 shares in the last quarter. Finally, Vident Advisory LLC bought a new stake in Flywire during the 4th quarter valued at $235,000. 95.90% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on FLYW. UBS Group boosted their price target on Flywire from $11.50 to $13.50 and gave the stock a "neutral" rating in a research report on Wednesday, August 6th. Truist Financial boosted their price target on Flywire from $12.00 to $13.00 and gave the stock a "buy" rating in a research report on Thursday, July 17th. Deutsche Bank Aktiengesellschaft began coverage on Flywire in a research report on Thursday, July 17th. They issued a "hold" rating and a $12.00 price target for the company. Wall Street Zen raised Flywire from a "sell" rating to a "hold" rating in a research report on Sunday, August 10th. Finally, B. Riley reduced their price target on Flywire from $17.00 to $15.00 and set a "buy" rating for the company in a research report on Monday, June 23rd. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Flywire currently has an average rating of "Hold" and an average target price of $13.71.

Flywire Trading Down 2.8%

Shares of NASDAQ:FLYW opened at $13.35 on Friday. The business's 50-day moving average is $12.10 and its 200 day moving average is $10.89. Flywire Corporation has a 1 year low of $8.20 and a 1 year high of $23.40. The firm has a market capitalization of $1.63 billion, a P/E ratio of 267.00, a P/E/G ratio of 2.90 and a beta of 1.29. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.87 and a quick ratio of 1.87.

Flywire (NASDAQ:FLYW - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.02). Flywire had a net margin of 1.27% and a return on equity of 1.94%. The business 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) earnings per share. The company's quarterly revenue was up 27.2% on a year-over-year basis. Flywire has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts predict that Flywire Corporation will post 0.14 earnings per share for the current fiscal 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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