Deutsche Bank AG Sells 16,036 Shares of Flywire Corporation $FLYW

Deutsche Bank AG lowered its holdings in Flywire Corporation (NASDAQ:FLYW) by 10.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 140,646 shares of the company’s stock after selling 16,036 shares during the quarter. Deutsche Bank AG owned 0.11% of Flywire worth $1,336,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FLYW. Point72 Asia Singapore Pte. Ltd. bought a new stake in Flywire in the fourth quarter valued at about $77,000. Dakota Wealth Management increased its stake in Flywire by 8.7% in the first quarter. Dakota Wealth Management now owns 13,334 shares of the company’s stock valued at $127,000 after acquiring an additional 1,066 shares during the period. AE Wealth Management LLC bought a new stake in Flywire during the first quarter worth about $130,000. Cetera Investment Advisers bought a new stake in Flywire during the fourth quarter worth about $225,000. Finally, State of Wyoming grew its stake in Flywire by 80.1% during the fourth quarter. State of Wyoming now owns 10,939 shares of the company’s stock worth $226,000 after buying an additional 4,865 shares during the last quarter. Institutional investors own 95.90% of the company’s stock.

Insider Activity at Flywire

In related news, Director Edwin J. Santos sold 5,000 shares of the stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $10.50, for a total value of $52,500.00. Following the transaction, the director directly owned 16,990 shares in the company, valued at $178,395. This represents a 22.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 4.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have weighed in on FLYW shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Flywire in a research note on Thursday, July 17th. They set a “hold” rating and a $12.00 price objective on the stock. Wells Fargo & Company decreased 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 note on Wednesday, May 7th. UBS Group upped their price objective on shares of Flywire from $11.50 to $13.50 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. The Goldman Sachs Group upped their price objective on shares of Flywire from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Thursday, May 8th. Finally, B. Riley decreased their price objective on shares of Flywire from $17.00 to $15.00 and set a “buy” rating on the stock in a research note on Monday, June 23rd. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Flywire presently has an average rating of “Hold” and an average price target of $13.71.

Flywire Price Performance

FLYW opened at $12.82 on Friday. Flywire Corporation has a one year low of $8.20 and a one year high of $23.40. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.87 and a quick ratio of 1.87. The company’s 50 day simple moving average is $11.54 and its 200-day simple moving average is $11.48. The stock has a market capitalization of $1.57 billion, a P/E ratio of 256.40, a price-to-earnings-growth ratio of 2.70 and a beta of 1.27.

Flywire (NASDAQ:FLYW) last released its quarterly earnings results on Tuesday, August 5th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate 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 the consensus estimate of $119.65 million. During the same period last year, the company earned ($0.11) earnings per share. Flywire’s revenue for the quarter 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. Sell-side analysts anticipate that Flywire Corporation will post 0.14 earnings per share for the current fiscal year.

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.