Maverick Capital Ltd. Makes New $366,000 Investment in Flywire Corporation $FLYW

Key Points

• Maverick Capital Ltd. acquired 38,574 shares of Flywire Corporation valued at approximately $366,000 in the first quarter, according to a recent SEC filing.
• Institutional investors own 95.90% of Flywire's stock, with multiple hedge funds increasing their positions in the company during the first quarter.
• Flywire reported a 27.2% increase in revenue year-over-year for the last quarter, despite missing EPS estimates by $0.02.

Maverick Capital Ltd. purchased a new stake in Flywire Corporation (NASDAQ:FLYW - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 38,574 shares of the company's stock, valued at approximately $366,000.

A number of other hedge funds have also recently bought and sold shares of FLYW. Cubist Systematic Strategies LLC boosted its stake in shares of Flywire by 79.9% during the 1st quarter. Cubist Systematic Strategies LLC now owns 277,008 shares of the company's stock worth $2,632,000 after acquiring an additional 123,041 shares during the period. Graham Capital Management L.P. boosted its stake in shares of Flywire by 687.9% during the 1st quarter. Graham Capital Management L.P. now owns 151,172 shares of the company's stock worth $1,436,000 after acquiring an additional 131,985 shares during the period. Palogic Value Management L.P. boosted its stake in shares of Flywire by 75.3% during the 1st quarter. Palogic Value Management L.P. now owns 333,000 shares of the company's stock worth $3,164,000 after acquiring an additional 143,000 shares during the period. State of Wyoming boosted its stake in shares of Flywire by 62.9% during the 1st quarter. State of Wyoming now owns 17,820 shares of the company's stock worth $169,000 after acquiring an additional 6,881 shares during the period. Finally, Trexquant Investment LP boosted its stake in shares of Flywire by 21.7% during the 1st quarter. Trexquant Investment LP now owns 630,434 shares of the company's stock worth $5,989,000 after acquiring an additional 112,508 shares during the period. 95.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Flywire Trading Down 0.5%

Shares of FLYW stock traded down $0.06 on Friday, hitting $12.99. The company had a trading volume of 1,496,383 shares, compared to its average volume of 1,863,643. The firm has a market cap of $1.59 billion, a P/E ratio of 259.80, a P/E/G ratio of 2.74 and a beta of 1.29. The stock's 50-day moving average is $11.94 and its two-hundred day moving average is $11.00. 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 Corporation has a twelve month low of $8.20 and a twelve month high of $23.40.

Flywire (NASDAQ:FLYW - Get Free Report) last issued its quarterly earnings results 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). Flywire had a net margin of 1.27% and a return on equity of 1.94%. The company had revenue of $127.50 million during the quarter, compared to analyst estimates of $119.65 million. During the same period in the previous year, the company posted ($0.11) EPS. 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, equities research analysts anticipate that Flywire Corporation will post 0.14 earnings per share for the current fiscal 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.