Flywire Corporation $FLYW Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. cut its position in Flywire Corporation (NASDAQ:FLYW) by 1.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 928,831 shares of the company’s stock after selling 16,781 shares during the period. Charles Schwab Investment Management Inc. owned 0.75% of Flywire worth $8,824,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Flywire in the fourth quarter worth approximately $77,000. GAMMA Investing LLC boosted its stake in shares of Flywire by 23,876.5% in the first quarter. GAMMA Investing LLC now owns 4,076 shares of the company’s stock worth $429,000 after acquiring an additional 4,059 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of Flywire in the fourth quarter worth approximately $225,000. State of Wyoming boosted its stake in shares of Flywire by 80.1% in the fourth quarter. State of Wyoming now owns 10,939 shares of the company’s stock worth $226,000 after acquiring an additional 4,865 shares during the last quarter. Finally, Vident Advisory LLC acquired a new position in Flywire during the fourth quarter worth $235,000. 95.90% of the stock is owned by institutional investors and hedge funds.

Flywire Stock Performance

Shares of Flywire stock opened at $12.84 on Tuesday. Flywire Corporation has a 52 week low of $8.20 and a 52 week high of $23.40. The business’s fifty day simple moving average is $11.58 and its 200-day simple moving average is $11.36. The firm has a market cap of $1.57 billion, a PE ratio of 256.80, a price-to-earnings-growth ratio of 2.70 and a beta of 1.27. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 0.08.

Flywire (NASDAQ:FLYW) last posted its quarterly earnings data on Tuesday, August 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.02). The firm had revenue of $127.50 million during the quarter, compared to analysts’ expectations of $119.65 million. Flywire had a net margin of 1.27% and a return on equity of 1.94%. Flywire’s quarterly revenue was up 27.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.11) EPS. Flywire has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts forecast that Flywire Corporation will post 0.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

FLYW has been the topic of a number of recent research reports. Wells Fargo & Company lowered their price objective on Flywire from $16.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 7th. Deutsche Bank Aktiengesellschaft initiated coverage on Flywire in a research note on Thursday, July 17th. They set a “hold” rating and a $12.00 price objective on the stock. The Goldman Sachs Group boosted their price objective on Flywire from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Thursday, May 8th. Wall Street Zen raised Flywire from a “sell” rating to a “hold” rating in a research note on Sunday, August 10th. Finally, B. Riley lowered their price objective on Flywire from $17.00 to $15.00 and set a “buy” rating on the stock in a research note on Monday, June 23rd. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Flywire presently has a consensus rating of “Hold” and a consensus price target of $13.71.

Insider Activity

In related news, Director Edwin J. Santos sold 5,000 shares of the business’s stock in a transaction on Friday, June 6th. The stock was sold at an average price of $10.50, for a total value of $52,500.00. Following the sale, the director owned 16,990 shares in the company, valued at approximately $178,395. The trade was a 22.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 4.40% 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.