Flywire (NASDAQ:FLYW – Get Free Report) had its price objective hoisted by equities researchers at Citigroup from $13.00 to $16.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s price target suggests a potential downside of 7.14% from the stock’s current price.
A number of other equities research analysts have also issued reports on the company. Royal Bank Of Canada upped their price target on Flywire from $18.00 to $20.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. UBS Group upped their price target on Flywire from $14.00 to $18.00 and gave the company a “neutral” rating in a research report on Wednesday. Raymond James Financial restated an “outperform” rating and issued a $21.00 price target on shares of Flywire in a research report on Wednesday. Weiss Ratings restated a “sell (d)” rating on shares of Flywire in a research report on Tuesday, April 21st. Finally, Wall Street Zen upgraded Flywire from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $18.17.
Get Our Latest Research Report on FLYW
Flywire Price Performance
Flywire (NASDAQ:FLYW – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.07. The business had revenue of $184.00 million during the quarter, compared to analyst estimates of $170.24 million. Flywire had a return on equity of 3.78% and a net margin of 4.45%.The business’s revenue was up 40.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.03) earnings per share. On average, equities research analysts expect that Flywire will post 0.39 EPS for the current year.
Insider Buying and Selling at Flywire
In other news, CEO Michael Massaro sold 50,000 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $16.39, for a total value of $819,500.00. Following the sale, the chief executive officer directly owned 2,766,035 shares in the company, valued at approximately $45,335,313.65. This trade represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mohit Kansal sold 16,101 shares of Flywire stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $15.90, for a total value of $256,005.90. Following the completion of the transaction, the insider owned 567,794 shares of the company’s stock, valued at approximately $9,027,924.60. This trade represents a 2.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 113,031 shares of company stock valued at $1,832,801. Corporate insiders own 4.40% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Flywire by 3.4% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 24,086 shares of the company’s stock valued at $326,000 after purchasing an additional 800 shares during the period. Royal Bank of Canada boosted its holdings in Flywire by 13.6% in the fourth quarter. Royal Bank of Canada now owns 9,025 shares of the company’s stock valued at $128,000 after purchasing an additional 1,081 shares during the period. Covestor Ltd boosted its holdings in Flywire by 217.9% in the third quarter. Covestor Ltd now owns 3,233 shares of the company’s stock valued at $43,000 after purchasing an additional 2,216 shares during the period. Global Retirement Partners LLC purchased a new position in Flywire in the fourth quarter valued at $32,000. Finally, Daiwa Securities Group Inc. boosted its holdings in Flywire by 78.4% in the second quarter. Daiwa Securities Group Inc. now owns 5,681 shares of the company’s stock valued at $66,000 after purchasing an additional 2,497 shares during the period. 95.90% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Flywire
Here are the key news stories impacting Flywire this week:
- Positive Sentiment: BTIG Research raised its price target on Flywire to $20.00, suggesting confidence in the company’s growth outlook and leaving room for further upside from current levels. Flywire (NASDAQ:FLYW) Given New $20.00 Price Target at BTIG Research
- Neutral Sentiment: Flywire’s Q1 2026 earnings call and presentation followed a strong quarterly report, with the company previously beating EPS and revenue estimates and posting 40.9% year-over-year revenue growth. Flywire Corporation Q1 2026 Earnings Call Summary
- Neutral Sentiment: Citigroup raised its price target on Flywire to $16.00 while keeping a neutral rating, signaling a more balanced view on the stock after the recent run-up. Flywire price target raised by Citigroup Inc. from $13.00 to $16.00
- Negative Sentiment: CEO Michael Massaro, Director Phillip John Riese, and insider Mohit Kansal all sold shares this week, which can weigh on investor sentiment because it may be read as reduced insider confidence. Flywire CEO insider sale filing Flywire director insider sale filing Flywire insider sale filing
Flywire Company Profile
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.
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