Invenomic Capital Management LP Purchases 1,072,660 Shares of Flywire Corporation $FLYW

Key Points

• Invenomic Capital Management LP has increased its holdings in Flywire Corporation by 242.7%, acquiring an additional 1,072,660 shares during the first quarter, bringing its total ownership to 1,514,615 shares.
• Flywire's latest quarterly earnings report revealed a revenue of $127.50 million, surpassing analysts' expectations, despite reporting a loss of ($0.09) EPS.
• Analysts maintain a consensus rating of "Hold" for Flywire, with a consensus price target set at $13.71, reflecting mixed sentiment among investors.

Invenomic Capital Management LP lifted its holdings in shares of Flywire Corporation (NASDAQ:FLYW - Free Report) by 242.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,514,615 shares of the company's stock after buying an additional 1,072,660 shares during the quarter. Invenomic Capital Management LP owned about 1.23% of Flywire worth $14,389,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Flywire during the 4th quarter valued at $77,000. JT Stratford LLC bought a new stake in Flywire during the first quarter valued at approximately $109,000. Dakota Wealth Management lifted its holdings in Flywire by 8.7% during 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 in the last quarter. AE Wealth Management LLC purchased a new position in shares of Flywire in the first quarter worth $130,000. Finally, Fox Run Management L.L.C. bought a new stake in Flywire in the first quarter worth $153,000. Institutional investors own 95.90% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Flywire in a research note on Thursday, July 17th. They issued a "hold" rating and a $12.00 price objective for the company. UBS Group upped their price objective 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 lifted their price target on Flywire from $10.00 to $12.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Truist Financial boosted their price objective on shares of Flywire from $12.00 to $13.00 and gave the company a "buy" rating in a report on Thursday, July 17th. Finally, B. Riley lowered their price objective 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 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. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $13.71.

Flywire Price Performance

Shares of FLYW opened at $13.05 on Friday. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of 261.00, a PEG ratio of 2.78 and a beta of 1.29. The stock has a 50 day moving average of $11.91 and a 200-day moving average of $11.10. 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 52 week low of $8.20 and a 52 week high of $23.40.

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 return on equity of 1.94% and a net margin of 1.27%.The firm had revenue of $127.50 million during the quarter, compared to the consensus estimate of $119.65 million. During the same period in the prior year, the firm posted ($0.11) EPS. The firm'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. As a group, analysts forecast that Flywire Corporation will post 0.14 EPS for the current year.

Flywire Company 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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