100,000 Shares in Flywire Corporation $FLYW Bought by Curi RMB Capital LLC

Key Points

• Curi RMB Capital LLC made a new investment in Flywire Corporation, acquiring 100,000 shares worth approximately $950,000 in the first quarter.
• Flywire has seen interest from several institutional investors, with 95.90% of its stock owned by institutional shareholders, reflecting strong confidence in the company.
• The stock currently has a consensus rating of "Hold" from analysts, with an average price target set at $13.71 per share.

Curi RMB Capital LLC acquired a new stake in Flywire Corporation (NASDAQ:FLYW - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 100,000 shares of the company's stock, valued at approximately $950,000. Curi RMB Capital LLC owned about 0.08% of Flywire at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. bought a new stake in Flywire in the 4th quarter valued at approximately $77,000. JT Stratford LLC acquired a new position in shares of Flywire in the first quarter valued at approximately $109,000. Dakota Wealth Management grew its position in shares of Flywire by 8.7% in the first quarter. Dakota Wealth Management now owns 13,334 shares of the company's stock valued at $127,000 after purchasing an additional 1,066 shares during the last quarter. AE Wealth Management LLC acquired a new position in shares of Flywire in the first quarter valued at approximately $130,000. Finally, Fox Run Management L.L.C. acquired a new stake in Flywire during the first quarter worth approximately $153,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Flywire Price Performance

Shares of FLYW traded up $0.38 during mid-day trading on Thursday, reaching $13.61. 588,250 shares of the stock traded hands, compared to its average volume of 2,498,150. The firm has a fifty day moving average price of $12.03 and a 200 day moving average price of $10.94. The company has a market cap of $1.66 billion, a price-to-earnings ratio of 272.22, a price-to-earnings-growth ratio of 2.76 and a beta of 1.29. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.08. Flywire Corporation has a 1 year low of $8.20 and a 1 year high of $23.40.

Flywire (NASDAQ:FLYW - Get Free Report) last released its quarterly earnings results 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 firm had revenue of $127.50 million for the quarter, compared to analysts' expectations of $119.65 million. During the same quarter last year, the firm earned ($0.11) earnings per share. The firm's revenue for the quarter was up 27.2% on a year-over-year basis. Flywire has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts predict that Flywire Corporation will post 0.14 earnings per share for the current year.

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.