Counterpoint Mutual Funds LLC Takes Position in Flywire Corporation $FLYW

Key Points

• Counterpoint Mutual Funds LLC has acquired a new stake in Flywire Corporation, buying 30,454 shares valued at approximately $356,000 during the 2nd quarter.
• Analysts have varying price targets for Flywire, with a consensus rating of "Hold" and an average price target of $13.54 among several firms including UBS and Deutsche Bank.
• Flywire reported a quarterly revenue of $127.50 million, exceeding estimates, but missed earnings expectations with a loss of $0.09 per share.

Counterpoint Mutual Funds LLC acquired a new stake in shares of Flywire Corporation (NASDAQ:FLYW - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 30,454 shares of the company's stock, valued at approximately $356,000.

Several other institutional investors have also recently modified their holdings of the company. Voss Capital LP increased its position in shares of Flywire by 97.6% during the 1st quarter. Voss Capital LP now owns 2,934,986 shares of the company's stock valued at $27,882,000 after purchasing an additional 1,449,986 shares during the last quarter. Wellington Management Group LLP bought a new position in Flywire during the 1st quarter worth approximately $15,782,000. Invenomic Capital Management LP grew its position in Flywire by 242.7% during the 1st quarter. Invenomic Capital Management LP now owns 1,514,615 shares of the company's stock worth $14,389,000 after acquiring an additional 1,072,660 shares during the last quarter. Millennium Management LLC grew its position in Flywire by 15.1% during the 1st quarter. Millennium Management LLC now owns 1,330,971 shares of the company's stock worth $12,644,000 after acquiring an additional 175,007 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Flywire by 14.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,241,226 shares of the company's stock worth $11,792,000 after acquiring an additional 159,239 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on FLYW shares. UBS Group raised 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. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Flywire in a research note on Thursday, July 17th. They set a "hold" rating and a $12.00 price objective for the company. B. Riley lowered their price objective on shares of Flywire from $17.00 to $15.00 and set a "buy" rating for the company in a research note on Monday, June 23rd. Stephens reaffirmed an "equal weight" rating and set a $13.00 price objective on shares of Flywire in a research note on Monday. Finally, Wall Street Zen upgraded Flywire from a "sell" rating to a "hold" rating in a research report on Sunday, August 10th. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $13.54.

Flywire Price Performance

Shares of FLYW stock opened at $13.18 on Thursday. The firm has a market cap of $1.61 billion, a P/E ratio of 263.60, a P/E/G ratio of 2.75 and a beta of 1.29. Flywire Corporation has a fifty-two week low of $8.20 and a fifty-two week high of $23.40. The business's 50 day moving average price is $12.37 and its 200-day moving average price is $11.03. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.87 and a current ratio of 1.87.

Flywire (NASDAQ:FLYW - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.02). The business had revenue of $127.50 million during 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%.Flywire's quarterly revenue was up 27.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.11) earnings per share. Flywire has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities research analysts anticipate 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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