Research Analysts’ Recent Ratings Changes for Flywire (FLYW)

A number of firms have modified their ratings and price targets on shares of Flywire (NASDAQ: FLYW) recently:

• 2/26/2025 – Flywire had its price target lowered by analysts at Royal Bank of Canada from $25.00 to $20.00. They now have an “outperform” rating on the stock.
• 2/26/2025 – Flywire was downgraded by analysts at Raymond James from a “strong-buy” rating to an “outperform” rating. They now have a $17.00 price target on the stock, down previously from $29.00.
• 2/26/2025 – Flywire was downgraded by analysts at UBS Group AG from a “buy” rating to a “neutral” rating. They now have a $15.00 price target on the stock, down previously from $25.00.
• 2/26/2025 – Flywire was downgraded by analysts at The Goldman Sachs Group, Inc. from a “buy” rating to a “neutral” rating. They now have a $15.00 price target on the stock, down previously from $26.00.
• 2/26/2025 – Flywire was downgraded by analysts at BTIG Research from a “buy” rating to a “neutral” rating.
• 2/26/2025 – Flywire was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating. They now have a $16.00 price target on the stock, down previously from $26.00.
• 2/26/2025 – Flywire had its price target lowered by analysts at Morgan Stanley from $21.00 to $15.00. They now have an “equal weight” rating on the stock.
• 2/26/2025 – Flywire had its price target lowered by analysts at Wells Fargo & Company from $20.00 to $16.00. They now have an “equal weight” rating on the stock.
• 2/26/2025 – Flywire was downgraded by analysts at Stephens from an “overweight” rating to an “equal weight” rating. They now have a $15.00 price target on the stock, down previously from $26.00.

Flywire Price Performance

Shares of Flywire stock opened at $10.45 on Tuesday. The business’s fifty day moving average price is $16.86 and its two-hundred day moving average price is $18.29. The company has a market capitalization of $1.29 billion, a P/E ratio of 69.67, a PEG ratio of 1.41 and a beta of 1.17. Flywire Co. has a 1-year low of $8.62 and a 1-year high of $26.15.

Flywire (NASDAQ:FLYW) last announced its earnings results on Tuesday, February 25th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.11). The business had revenue of $112.80 million for the quarter, compared to the consensus estimate of $118.85 million. Flywire had a net margin of 4.23% and a return on equity of 2.49%. On average, research analysts expect that Flywire Co. will post 0.14 earnings per share for the current fiscal year.

Insider Buying and Selling at Flywire

In other news, General Counsel Peter Butterfield sold 5,523 shares of Flywire stock in a transaction on Monday, March 10th. The stock was sold at an average price of $10.08, for a total transaction of $55,671.84. Following the transaction, the general counsel now directly owns 247,561 shares in the company, valued at approximately $2,495,414.88. This trade represents a 2.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gretchen Howard purchased 8,889 shares of the stock in a transaction dated Thursday, February 27th. The shares were purchased at an average price of $10.94 per share, for a total transaction of $97,245.66. Following the completion of the transaction, the director now owns 30,770 shares in the company, valued at $336,623.80. This trade 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 company insiders.

Hedge Funds Weigh In On Flywire

Several hedge funds have recently modified their holdings of the company. Arizona State Retirement System increased its position in shares of Flywire by 1.6% during the 4th quarter. Arizona State Retirement System now owns 32,215 shares of the company’s stock valued at $664,000 after purchasing an additional 513 shares during the period. Advisors Asset Management Inc. increased its position in shares of Flywire by 15.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 4,046 shares of the company’s stock valued at $66,000 after purchasing an additional 539 shares during the period. Summit Investment Advisors Inc. grew its holdings in shares of Flywire by 6.8% in the 4th quarter. Summit Investment Advisors Inc. now owns 12,634 shares of the company’s stock worth $261,000 after acquiring an additional 802 shares during the last quarter. Bullseye Asset Management LLC grew its holdings in shares of Flywire by 0.7% in the 3rd quarter. Bullseye Asset Management LLC now owns 146,846 shares of the company’s stock worth $2,407,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Bayesian Capital Management LP grew its holdings in shares of Flywire by 6.9% in the 4th quarter. Bayesian Capital Management LP now owns 20,059 shares of the company’s stock worth $414,000 after acquiring an additional 1,300 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

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.