Representative Josh Gottheimer (D-New Jersey) recently sold shares of Flywire Co. NASDAQ: FLYW. In a filing disclosed on April 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Flywire stock on March 19th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 3/24/2025.
- Sold $1,001 - $15,000 in shares of Spotify Technology NYSE: SPOT on 3/24/2025.
- Sold $1,001 - $15,000 in shares of Disco OTCMKTS: DSCSY on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Diageo NYSE: DEO on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Shopify NYSE: SHOP on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 3/19/2025.
- Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 3/19/2025.
- Sold $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 3/19/2025.
Flywire Trading Up 0.6 %
Shares of Flywire stock traded up $0.05 during mid-day trading on Friday, reaching $8.88. 2,281,740 shares of the stock were exchanged, compared to its average volume of 1,682,487. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 59.20, a price-to-earnings-growth ratio of 1.41 and a beta of 1.22. Flywire Co. has a fifty-two week low of $8.20 and a fifty-two week high of $23.40. The firm has a 50-day simple moving average of $11.58 and a 200 day simple moving average of $16.86.
Flywire (NASDAQ:FLYW - Get Free Report) last announced its earnings results on Tuesday, February 25th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.11). Flywire had a return on equity of 2.49% and a net margin of 4.23%. The business had revenue of $112.80 million during the quarter, compared to analyst estimates of $118.85 million. On average, research analysts predict that Flywire Co. will post 0.14 EPS for the current fiscal year.
Analyst Ratings Changes
Several research firms have weighed in on FLYW. Wells Fargo & Company lowered their price objective on shares of Flywire from $20.00 to $16.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 26th. Seaport Res Ptn downgraded Flywire from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 14th. Citigroup lowered their target price on Flywire from $26.00 to $13.00 and set a "buy" rating for the company in a research note on Monday, March 24th. The Goldman Sachs Group cut their price target on Flywire from $15.00 to $11.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Finally, UBS Group cut Flywire from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $25.00 to $15.00 in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, Flywire has a consensus rating of "Hold" and a consensus target price of $17.00.
Get Our Latest Report on FLYW
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in FLYW. Global Retirement Partners LLC bought a new stake in Flywire in the 4th quarter valued at $30,000. Arcadia Investment Management Corp MI acquired a new stake in Flywire in the 4th quarter valued at $48,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Flywire during the 4th quarter worth approximately $77,000. KBC Group NV lifted its stake in Flywire by 64.0% in the 4th quarter. KBC Group NV now owns 4,899 shares of the company's stock valued at $101,000 after purchasing an additional 1,911 shares during the last quarter. Finally, Venturi Wealth Management LLC acquired a new position in shares of Flywire in the fourth quarter valued at $104,000. Institutional investors and hedge funds own 95.90% of the company's stock.
Insider Transactions at Flywire
In other news, General Counsel Peter Butterfield sold 5,523 shares of the firm's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $10.08, for a total transaction of $55,671.84. Following the completion of the transaction, the general counsel now directly owns 247,561 shares in the company, valued at $2,495,414.88. This trade represents a 2.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gretchen Howard acquired 8,889 shares of the stock in a transaction dated Thursday, February 27th. The stock was acquired at an average cost of $10.94 per share, with a total value of $97,245.66. Following the completion of the transaction, the director now owns 30,770 shares in the company, valued at approximately $336,623.80. This represents a 40.62 % increase in their position. The disclosure for this purchase can be found here. 3.90% of the stock is owned by corporate insiders.
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
About Flywire
(
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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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