Flywire Sees Unusually Large Options Volume (NASDAQ:FLYW)

Flywire Corporation (NASDAQ:FLYW) was the target of some unusual options trading on Wednesday. Investors acquired 3,805 put options on the company. This represents an increase of approximately 653% compared to the typical volume of 505 put options.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on FLYW shares. Wolfe Research reiterated an “outperform” rating and set a $19.00 target price on shares of Flywire in a report on Wednesday, November 5th. The Goldman Sachs Group reduced their price objective on Flywire from $17.00 to $15.00 and set a “neutral” rating on the stock in a research report on Wednesday. Royal Bank Of Canada increased their price objective on Flywire from $18.00 to $20.00 and gave the company an “outperform” rating in a research note on Wednesday. Stephens raised shares of Flywire from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $17.00 to $19.00 in a research note on Friday, January 16th. Finally, B. Riley Financial raised their price target on shares of Flywire from $15.00 to $20.00 and gave the stock a “buy” rating in a research note on Friday, January 9th. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $15.67.

Flywire News Summary

Here are the key news stories impacting Flywire this week:

• Positive Sentiment: Q4 beat and raised outlook — Flywire reported Q4 revenue of $157.5M (+34% y/y) and an EPS surprise (reported $105.55 vs. consensus around a loss), and provided FY‑2026 and Q1 revenue ranges above Street expectations, supporting near-term revenue momentum and margin scaling. Flywire Reports Fourth-Quarter and Fiscal-Year 2025 Financial Results
• Positive Sentiment: RBC raises target and upgrades — Royal Bank of Canada bumped its price target to $20 and moved to an “outperform” view, signaling institutional confidence in Flywire’s growth trajectory and providing a bullish analyst counterweight. Benzinga
• Positive Sentiment: 2026 growth outlook — Management outlined FX‑neutral revenue growth of 15%–21% for 2026 while targeting scaled EBITDA margins, reinforcing that the company expects profitable growth beyond top-line momentum. Flywire outlines 15%-21% growth for 2026
• Neutral Sentiment: Investor outreach — Flywire said it will attend upcoming investor conferences, increasing management access for investors and analysts (could help transparency and liquidity). Flywire to Attend Upcoming Investor Conferences
• Neutral Sentiment: Full materials available — Earnings call transcript and slide deck are published for deeper diligence if you want details on product mix, unit economics and guidance assumptions. Q4 slide deck
• Negative Sentiment: Analysts cut price targets — UBS trimmed its target to $14 (neutral) and Goldman cut to $15 (neutral), which can cap upside and weigh on sentiment despite the earnings beat. Benzinga (UBS/Goldman notes)
• Negative Sentiment: Unusual put activity — Large block of put option purchases (3,805 contracts, ~+653% vs. average) suggests some traders are hedging or betting on near-term downside/volatility. This can raise implied volatility and pressure the stock if selling intensifies.

Flywire Stock Up 11.4%

FLYW opened at $12.52 on Thursday. Flywire has a 12 month low of $8.20 and a 12 month high of $15.25. The business has a 50-day moving average of $13.05 and a two-hundred day moving average of $13.23. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.53 and a quick ratio of 1.53. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 125.21, a price-to-earnings-growth ratio of 1.29 and a beta of 1.28.

Flywire (NASDAQ:FLYW) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $105.55 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $105.56. Flywire had a net margin of 2.17% and a return on equity of 2.79%. The business had revenue of $157.54 million for the quarter, compared to analyst estimates of $144.96 million. During the same period in the prior year, the firm posted ($0.12) EPS. The company’s revenue was up 34.0% on a year-over-year basis. On average, research analysts expect that Flywire will post 0.14 earnings per share for the current year.

Insider Transactions at Flywire

In other Flywire news, major shareholder Voss Capital, Lp purchased 181,121 shares of Flywire stock in a transaction on Tuesday, December 30th. The shares were bought at an average price of $14.15 per share, with a total value of $2,562,862.15. Following the completion of the acquisition, the insider directly owned 9,625,009 shares of the company’s stock, valued at approximately $136,193,877.35. This trade represents a 1.92% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Phillip John Riese sold 16,612 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $15.08, for a total transaction of $250,508.96. Following the completion of the sale, the director owned 234,493 shares in the company, valued at $3,536,154.44. This represents a 6.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders bought 251,112 shares of company stock valued at $3,477,834 and sold 38,426 shares valued at $567,215. Corporate insiders own 4.40% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Global Retirement Partners LLC purchased a new stake in Flywire during the fourth quarter valued at about $32,000. Nisa Investment Advisors LLC lifted its stake in shares of Flywire by 194.9% in the 2nd quarter. Nisa Investment Advisors LLC now owns 3,279 shares of the company’s stock valued at $38,000 after purchasing an additional 2,167 shares in the last quarter. Covestor Ltd grew its holdings in shares of Flywire by 217.9% during the 3rd quarter. Covestor Ltd now owns 3,233 shares of the company’s stock worth $43,000 after purchasing an additional 2,216 shares during the period. Daiwa Securities Group Inc. grew its holdings in shares of Flywire by 78.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 5,681 shares of the company’s stock worth $66,000 after purchasing an additional 2,497 shares during the period. Finally, State of Alaska Department of Revenue acquired a new stake in Flywire during the 3rd quarter worth approximately $67,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

About Flywire

Flywire Corp (NASDAQ: FLYW) is a global payments enablement and software company that specializes in facilitating complex cross-border transactions. Its cloud-based platform streamlines receivables and payer workflows across key verticals including education, healthcare, travel and hospitality, and commercial services. Flywire’s technology integrates with institutional systems to automate payment posting, reconciliation and reporting, aiming to improve the payer experience and accelerate cash flow for its clients.

Founded in 2009 by entrepreneur Iker Marcaide as peerTransfer, the company rebranded as Flywire in 2015.