Palogic Value Management L.P. Trims Stock Holdings in Flywire Corporation $FLYW

Palogic Value Management L.P. trimmed its position in Flywire Corporation (NASDAQ:FLYW) by 15.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 283,000 shares of the company’s stock after selling 50,000 shares during the period. Flywire accounts for 1.4% of Palogic Value Management L.P.’s portfolio, making the stock its 21st biggest position. Palogic Value Management L.P.’s holdings in Flywire were worth $3,311,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FLYW. Penserra Capital Management LLC purchased a new stake in Flywire in the first quarter worth $1,574,000. Edgestream Partners L.P. purchased a new stake in Flywire in the first quarter worth $255,000. Dakota Wealth Management grew its stake in Flywire by 8.7% in the first quarter. Dakota Wealth Management now owns 13,334 shares of the company’s stock worth $127,000 after purchasing an additional 1,066 shares during the period. Hussman Strategic Advisors Inc. purchased a new stake in Flywire in the first quarter worth $998,000. Finally, Y Intercept Hong Kong Ltd grew its stake in Flywire by 20.1% in the first quarter. Y Intercept Hong Kong Ltd now owns 115,328 shares of the company’s stock worth $1,096,000 after purchasing an additional 19,299 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Flywire in a research note on Wednesday, October 8th. UBS Group raised their price target on Flywire from $11.50 to $13.50 and gave the company a “neutral” rating in a report on Wednesday, August 6th. Stephens restated an “equal weight” rating and set a $13.00 price target on shares of Flywire in a report on Monday, September 22nd. Deutsche Bank Aktiengesellschaft initiated coverage on Flywire in a report on Thursday, July 17th. They set a “hold” rating and a $12.00 price target for the company. Finally, Citigroup upgraded Flywire to a “hold” rating in a report on Thursday, October 23rd. Five research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $14.04.

Flywire Trading Up 2.9%

Flywire stock opened at $13.32 on Friday. Flywire Corporation has a one year low of $8.20 and a one year high of $23.40. The business’s fifty day moving average is $13.22 and its 200 day moving average is $11.74. The stock has a market capitalization of $1.63 billion, a PE ratio of 266.40, a price-to-earnings-growth ratio of 3.47 and a beta of 1.29. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.87 and a quick ratio of 1.87.

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

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.