Flywire (NASDAQ:FLYW – Free Report) had its price objective decreased by B. Riley from $17.00 to $15.00 in a research report report published on Monday morning,Benzinga reports. B. Riley currently has a buy rating on the stock. B. Riley also issued estimates for Flywire’s Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.28 EPS and FY2026 earnings at $0.56 EPS.
A number of other research firms have also weighed in on FLYW. Wells Fargo & Company lowered their price objective on shares of Flywire from $16.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 7th. Citigroup lowered their price objective on shares of Flywire from $26.00 to $13.00 and set a “buy” rating on the stock in a research report on Monday, March 24th. The Goldman Sachs Group lifted their price objective on shares of Flywire from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Thursday, May 8th. Royal Bank Of Canada reduced their target price on Flywire from $20.00 to $17.00 and set an “outperform” rating for the company in a report on Wednesday, May 7th. Finally, BTIG Research downgraded Flywire from a “buy” rating to a “neutral” rating in a report on Wednesday, February 26th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $15.00.
Read Our Latest Research Report on Flywire
Flywire Stock Performance
Flywire (NASDAQ:FLYW – Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. Flywire had a net margin of 0.97% and a return on equity of 1.57%. The business had revenue of $128.70 million for the quarter, compared to analyst estimates of $124.18 million. During the same period last year, the firm posted ($0.05) earnings per share. The company’s revenue for the quarter was up 17.0% compared to the same quarter last year. As a group, equities analysts predict that Flywire will post 0.14 EPS for the current year.
Insider Buying and Selling
In other Flywire news, Director Edwin J. Santos sold 5,466 shares of Flywire stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $10.04, for a total value of $54,878.64. Following the completion of the sale, the director now owns 21,990 shares in the company, valued at $220,779.60. The trade was a 19.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 4.40% of the stock is currently owned by company insiders.
Institutional Trading of Flywire
A number of institutional investors have recently modified their holdings of the company. Arizona State Retirement System grew its holdings 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 worth $664,000 after purchasing an additional 513 shares during the period. Summit Investment Advisors Inc. boosted its holdings in 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 period. Dakota Wealth Management boosted its holdings in Flywire by 8.7% in the 1st quarter. Dakota Wealth Management now owns 13,334 shares of the company’s stock worth $127,000 after acquiring an additional 1,066 shares during the period. Bayesian Capital Management LP raised its position 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 valued at $414,000 after purchasing an additional 1,300 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Flywire by 3.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 43,858 shares of the company’s stock valued at $417,000 after purchasing an additional 1,361 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.
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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