Flywire Target of Unusually High Options Trading (NASDAQ:FLYW)

Flywire Corporation (NASDAQ:FLYW) saw unusually large options trading activity on Tuesday. Stock investors purchased 2,270 call options on the stock. Thisisanincreaseof256% compared to the average volume of 638 call options.

Flywire Stock Up 1.6%

FLYW stock opened at $13.04 on Wednesday. The company has a market cap of $1.59 billion, a P/E ratio of 260.80, a P/E/G ratio of 2.71 and a beta of 1.27. Flywire has a 52 week low of $8.20 and a 52 week high of $23.40. The company’s 50-day moving average price is $11.63 and its 200 day moving average price is $11.38. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.08.

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

Insider Transactions at Flywire

In other Flywire news, Director Edwin J. Santos sold 5,466 shares of the firm’s stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $10.04, for a total transaction of $54,878.64. Following the transaction, the director directly owned 21,990 shares of the company’s stock, valued at approximately $220,779.60. This trade represents a 19.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 4.40% of the company’s stock.

Institutional Trading of Flywire

Institutional investors have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC boosted its holdings in Flywire by 194.9% during the second quarter. Nisa Investment Advisors LLC now owns 3,279 shares of the company’s stock worth $38,000 after buying an additional 2,167 shares in the last quarter. Daiwa Securities Group Inc. raised its position in Flywire by 78.4% during the second quarter. Daiwa Securities Group Inc. now owns 5,681 shares of the company’s stock worth $66,000 after acquiring an additional 2,497 shares during the last quarter. CWM LLC raised its position in Flywire by 850.9% during the second quarter. CWM LLC now owns 6,447 shares of the company’s stock worth $75,000 after acquiring an additional 5,769 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Flywire during the fourth quarter worth about $77,000. Finally, JT Stratford LLC acquired a new position in Flywire during the first quarter worth about $109,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Analyst Upgrades and Downgrades

FLYW has been the topic of several research reports. Royal Bank Of Canada lowered their price objective on shares of Flywire from $20.00 to $17.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 7th. UBS Group lifted their target price on shares of Flywire from $11.50 to $13.50 and gave the company a “neutral” rating in a report on Wednesday, August 6th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Flywire in a report on Thursday, July 17th. They issued a “hold” rating and a $12.00 target price on the stock. B. Riley lowered their target price on shares of Flywire from $17.00 to $15.00 and set a “buy” rating on the stock in a report on Monday, June 23rd. Finally, Wells Fargo & Company lowered their target price on shares of Flywire from $16.00 to $13.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 7th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $13.71.

About Flywire

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.