AlphaQuest LLC Purchases 18,590 Shares of Flywire Corporation $FLYW

AlphaQuest LLC increased its position in shares of Flywire Corporation (NASDAQ:FLYW) by 102.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 36,731 shares of the company’s stock after buying an additional 18,590 shares during the quarter. AlphaQuest LLC’s holdings in Flywire were worth $430,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FLYW. Wellington Management Group LLP bought a new position in shares of Flywire during the first quarter worth about $15,782,000. Voss Capital LP grew its holdings in shares of Flywire by 97.6% during the first quarter. Voss Capital LP now owns 2,934,986 shares of the company’s stock worth $27,882,000 after buying an additional 1,449,986 shares in the last quarter. Federated Hermes Inc. bought a new position in shares of Flywire during the first quarter worth about $11,733,000. Invenomic Capital Management LP grew its holdings in shares of Flywire by 242.7% during the first quarter. Invenomic Capital Management LP now owns 1,514,615 shares of the company’s stock worth $14,389,000 after buying an additional 1,072,660 shares in the last quarter. Finally, Neuberger Berman Group LLC acquired a new position in Flywire during the first quarter valued at approximately $8,828,000. 95.90% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FLYW has been the subject of several recent research reports. Wolfe Research raised Flywire from a “peer perform” rating to an “outperform” rating and set a $16.00 price target for the company in a research report on Wednesday, October 22nd. Citigroup raised Flywire to a “hold” rating in a research report on Thursday, October 23rd. Zacks Research cut Flywire from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 21st. Wall Street Zen raised Flywire from a “sell” rating to a “hold” rating in a research report on Sunday, August 10th. Finally, UBS Group increased their price target on Flywire from $11.50 to $13.50 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $14.04.

Flywire Stock Performance

FLYW opened at $13.49 on Thursday. Flywire Corporation has a 12-month low of $8.20 and a 12-month high of $23.40. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 269.80, a PEG ratio of 3.55 and a beta of 1.29. The business has a 50 day moving average of $13.20 and a 200-day moving average of $11.68. 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 released its quarterly earnings data on Tuesday, August 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.02). Flywire had a net margin of 1.27% and a return on equity of 1.94%. The business had revenue of $127.50 million during the quarter, compared to analyst estimates of $119.65 million. During the same period in the previous year, the business earned ($0.11) earnings per share. The business’s quarterly revenue was up 27.2% on a year-over-year basis. Flywire has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities research analysts expect that Flywire Corporation will post 0.14 earnings per share for the current year.

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.