Flywire Corporation (NASDAQ:FLYW - Get Free Report) insider David King sold 55,325 shares of the stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $20.05, for a total value of $1,109,266.25. Following the sale, the insider owned 147,079 shares of the company's stock, valued at $2,948,933.95. This trade represents a 27.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Flywire Stock Up 13.9%
FLYW opened at $21.81 on Thursday. The firm has a market cap of $2.65 billion, a PE ratio of 36.35, a P/E/G ratio of 1.22 and a beta of 1.32. The business has a fifty day simple moving average of $18.34 and a 200-day simple moving average of $15.62. Flywire Corporation has a fifty-two week low of $10.55 and a fifty-two week high of $22.17.
Flywire (NASDAQ:FLYW - Get Free Report) last announced its earnings results on Tuesday, November 3rd. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.26. Flywire had a return on equity of 9.46% and a net margin of 10.34%. The company had revenue of $250.30 million for the quarter, compared to analyst estimates of $233.25 million. During the same period in the previous year, the firm earned $0.23 earnings per share. Flywire's revenue for the quarter was up 25.1% compared to the same quarter last year. On average, equities research analysts anticipate that Flywire Corporation will post 0.40 EPS for the current fiscal year.
Analyst Ratings Changes
A number of analysts have commented on FLYW shares. UBS Group upped their price objective on shares of Flywire from $19.00 to $21.50 and gave the company a "neutral" rating in a research note on Wednesday. Stephens started coverage on shares of Flywire in a research report on Friday, October 16th. They issued an "equal weight" rating and a $20.00 target price on the stock. B. Riley Financial restated a "buy" rating and set a $25.00 price target (up from $24.00) on shares of Flywire in a report on Wednesday. Raymond James Financial restated an "outperform" rating and issued a $24.00 price target on shares of Flywire in a research report on Wednesday. Finally, JPMorgan Chase & Co. upped their price target on shares of Flywire from $20.00 to $23.00 and gave the company a "neutral" rating in a research report on Wednesday. Seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $21.73.
Get Our Latest Report on FLYW
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of FLYW. Renaissance Technologies LLC lifted its stake in Flywire by 110.8% in the 1st quarter. Renaissance Technologies LLC now owns 887,200 shares of the company's stock worth $10,327,000 after acquiring an additional 466,300 shares in the last quarter. North Reef Capital Management LP grew its stake in Flywire by 83.3% during the 1st quarter. North Reef Capital Management LP now owns 1,100,000 shares of the company's stock valued at $12,804,000 after acquiring an additional 499,999 shares in the last quarter. Squarepoint Ops LLC grew its stake in Flywire by 158.4% during the 2nd quarter. Squarepoint Ops LLC now owns 539,307 shares of the company's stock valued at $9,476,000 after acquiring an additional 330,622 shares in the last quarter. Roubaix Capital LLC acquired a new position in shares of Flywire in the 1st quarter valued at about $2,685,000. Finally, Jennison Associates LLC increased its holdings in shares of Flywire by 19.9% in the 1st quarter. Jennison Associates LLC now owns 5,298,881 shares of the company's stock valued at $61,679,000 after purchasing an additional 878,248 shares during the period. 95.90% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Flywire
Here are the key news stories impacting Flywire this week:
- Positive Sentiment: Flywire reported Q3 EPS of $0.57, above the $0.31 consensus, and revenue of $250.3 million, ahead of expectations of about $233.3 million. Revenue grew 25.1% year over year. Flywire Reports Third Quarter 2026 Financial Results
- Positive Sentiment: The company raised its 2026 FX-neutral revenue-growth outlook (excluding ancillary services) to 25%–27%, and increased its adjusted EBITDA margin-growth outlook. Management also outlined a target of a 25% adjusted EBITDA margin in 2027, supporting expectations for continued growth and improving profitability. Flywire outlines 2026 growth and 2027 margin targets
- Positive Sentiment: Several analysts raised their price targets after the results: B. Riley lifted its target to $25 and reaffirmed a Buy rating, while BTIG raised its target to $22 and named Flywire a small-cap top pick. JPMorgan raised its target to $23 but maintained a Neutral rating. B. Riley target update
- Neutral Sentiment: Morgan Stanley expects high-teens growth in revenue less ancillary services in 2027, suggesting analysts see continued expansion, though at a slower pace than the company’s 2026 outlook. Morgan Stanley growth outlook
- Negative Sentiment: Insider David King sold 55,325 shares, reducing his direct holdings by 27.33%. The sale was made under a pre-arranged Rule 10b5-1 plan, which somewhat limits its significance as a signal about near-term business prospects. SEC Form 4 filing
Flywire Company Profile
(
Get Free Report)
Flywire Corp. (NASDAQ: FLYW) is a global payments and software company that helps organizations receive and manage payments from customers and clients in multiple countries and currencies. Its platform is designed to simplify complex, cross-border transactions while providing payment tracking, reconciliation and related accounts-receivable capabilities.
The company serves several major verticals, including education, healthcare, travel and business-to-business payments. Its products and services include international and domestic payment processing, digital billing and invoicing, payment plans, embedded payment solutions and tools that help organizations automate reconciliation and improve the payment experience.
Flywire was founded in 2009 as peerTransfer and is headquartered in Boston, Massachusetts.
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