Flywire Corporation $FLYW Stock Holdings Lifted by Voss Capital LP

Key Points

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Voss Capital LP grew its position in shares of Flywire Corporation (NASDAQ:FLYW - Free Report) by 97.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,934,986 shares of the company's stock after buying an additional 1,449,986 shares during the period. Flywire comprises 2.1% of Voss Capital LP's portfolio, making the stock its 16th largest position. Voss Capital LP owned 2.37% of Flywire worth $27,882,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Wells Fargo & Company MN lifted its stake in Flywire by 15.5% during the fourth quarter. Wells Fargo & Company MN now owns 100,220 shares of the company's stock worth $2,067,000 after purchasing an additional 13,423 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Flywire by 8.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 95,300 shares of the company's stock worth $1,965,000 after acquiring an additional 7,571 shares during the period. Russell Investments Group Ltd. lifted its holdings in Flywire by 19,292.2% in the fourth quarter. Russell Investments Group Ltd. now owns 29,864 shares of the company's stock worth $616,000 after acquiring an additional 29,710 shares during the last quarter. Invesco Ltd. lifted its holdings in Flywire by 18.5% in the fourth quarter. Invesco Ltd. now owns 89,451 shares of the company's stock worth $1,844,000 after acquiring an additional 13,985 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Flywire by 292.1% in the fourth quarter. Renaissance Technologies LLC now owns 254,400 shares of the company's stock valued at $5,246,000 after acquiring an additional 189,521 shares during the period. 95.90% of the stock is currently owned by institutional investors.

Flywire Price Performance

Shares of FLYW stock traded up $0.08 during midday trading on Thursday, reaching $12.28. 1,028,507 shares of the company were exchanged, compared to its average volume of 2,707,815. The company's 50 day moving average price is $11.50 and its two-hundred day moving average price is $11.58. The company has a market cap of $1.50 billion, a P/E ratio of 245.60, a PEG ratio of 2.57 and a beta of 1.27. Flywire Corporation has a 12 month low of $8.20 and a 12 month high of $23.40. 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 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 net margin of 1.27% and a return on equity of 1.94%. The company had revenue of $127.50 million for the quarter, compared to analyst estimates of $119.65 million. During the same quarter in the prior year, the business earned ($0.11) EPS. Flywire's revenue was up 27.2% compared to the same quarter last year. Flywire has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts expect that Flywire Corporation will post 0.14 earnings per share for the current year.

Insiders Place Their Bets

In other Flywire news, Director Edwin J. Santos sold 5,466 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $10.04, for a total value of $54,878.64. Following the sale, the director directly owned 21,990 shares in the company, valued at approximately $220,779.60. The trade was a 19.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.40% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Wall Street Zen raised Flywire from a "sell" rating to a "hold" rating in a report on Sunday, August 10th. Wolfe Research reissued a "peer perform" rating on shares of Flywire in a report on Wednesday, April 23rd. Truist Financial upped their price target on shares of 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 shares of Flywire in a research report on Thursday, July 17th. They issued a "hold" rating and a $12.00 price objective on the stock. Finally, UBS Group boosted their target price on shares of Flywire from $11.50 to $13.50 and gave the company a "neutral" rating in a research note on Wednesday, August 6th. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $13.71.

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.