Traders Purchase Large Volume of Flywire Put Options (NASDAQ:FLYW)

Flywire Corporation (NASDAQ:FLYW) saw unusually large options trading on Wednesday. Traders acquired 3,805 put options on the stock. This represents an increase of approximately 653% compared to the average volume of 505 put options.

Trending Headlines about Flywire

Here are the key news stories impacting Flywire this week:

• Positive Sentiment: Q4 results beat expectations: Flywire reported a revenue beat (Q4 revenue $157.5M, +34% YoY) and positive EPS vs. year-ago loss — the print and accompanying slide deck/earnings call reinforced momentum. Earnings Press Release & Slides
• Positive Sentiment: Management outlined 2026 FX‑neutral revenue growth guidance of 15%–21% while signaling continued EBITDA margin expansion — this supports the growth story and gives investors a path to improving profitability. Guidance Coverage
• Positive Sentiment: Royal Bank of Canada raised its price target to $20 and kept an outperform rating — a bullish analyst call that provides upside support versus other downgrades. Benzinga
• Neutral Sentiment: Flywire will attend upcoming investor conferences — increases management access to investors but is informational rather than catalytic. Investor Conference Notice
• Neutral Sentiment: Company published its earnings call transcript and slide deck, helping investors evaluate the quarter and guidance in detail. Earnings Call Transcript
• Negative Sentiment: Multiple brokers trimmed price targets and set neutral ratings this week (Goldman to $15, UBS to $14, Citi to $13) — these downgrades could cap near-term upside and put downward pressure on the stock. Benzinga
• Negative Sentiment: Flywire disclosed a new risk around proposed U.S. 2025 policy shifts that could reduce international student flows — this specifically threatens the education revenue stream, a material end-market for Flywire. Policy Risk Article
• Negative Sentiment: Unusually large put-option activity (large increase in put purchases) signals some traders are hedging or betting on near-term downside, adding short-term volatility risk.

Flywire Stock Performance

NASDAQ:FLYW opened at $12.86 on Friday. The firm has a 50-day simple moving average of $13.02 and a 200-day simple moving average of $13.23. Flywire has a one year low of $8.20 and a one year high of $15.25. The firm has a market cap of $1.57 billion, a P/E ratio of 128.61, a P/E/G ratio of 1.40 and a beta of 1.28.

Flywire (NASDAQ:FLYW) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $105.55 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $105.56. The company had revenue of $157.54 million for the quarter, compared to analyst estimates of $144.96 million. Flywire had a net margin of 2.17% and a return on equity of 2.76%. Flywire’s revenue was up 34.0% compared to the same quarter last year. During the same period last year, the company posted ($0.12) earnings per share. On average, research analysts predict that Flywire will post 0.14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on FLYW shares. B. Riley Financial raised their price objective on Flywire from $15.00 to $20.00 and gave the stock a “buy” rating in a research note on Friday, January 9th. Wolfe Research reaffirmed an “outperform” rating and set a $19.00 price objective on shares of Flywire in a research note on Wednesday, November 5th. Citigroup reduced their price target on Flywire from $15.00 to $13.00 and set a “neutral” rating on the stock in a report on Thursday. Morgan Stanley began coverage on shares of Flywire in a research report on Tuesday. They issued an “equal weight” rating and a $15.00 price objective for the company. Finally, Wall Street Zen downgraded shares of Flywire from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $15.50.

Insider Activity at Flywire

In other news, General Counsel Peter Butterfield sold 13,327 shares of Flywire stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $15.01, for a total value of $200,038.27. Following the completion of the sale, the general counsel directly owned 374,933 shares in the company, valued at $5,627,744.33. The trade was a 3.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Voss Capital, Lp bought 25,000 shares of the stock in a transaction on Friday, February 13th. The stock was purchased at an average cost of $10.99 per share, for a total transaction of $274,750.00. Following the acquisition, the insider owned 2,300,000 shares of the company’s stock, valued at $25,277,000. This trade represents a 1.10% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have bought 251,112 shares of company stock valued at $3,477,834 and have sold 38,426 shares valued at $567,215. 4.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Flywire

A number of hedge funds have recently made changes to their positions in FLYW. Voss Capital LP lifted its position in shares of Flywire by 21.5% during the fourth quarter. Voss Capital LP now owns 11,750,000 shares of the company’s stock valued at $166,380,000 after buying an additional 2,080,202 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Flywire by 43.8% during the 4th quarter. Wellington Management Group LLP now owns 4,828,197 shares of the company’s stock worth $68,367,000 after acquiring an additional 1,470,011 shares in the last quarter. Divisadero Street Capital Management LP lifted its position in Flywire by 178.0% during the second quarter. Divisadero Street Capital Management LP now owns 4,784,654 shares of the company’s stock valued at $55,980,000 after acquiring an additional 3,063,518 shares during the last quarter. Jennison Associates LLC lifted its position in Flywire by 35.2% during the fourth quarter. Jennison Associates LLC now owns 4,420,633 shares of the company’s stock valued at $62,596,000 after acquiring an additional 1,150,802 shares during the last quarter. Finally, Mangrove Partners IM LLC boosted its stake in Flywire by 2.8% in the fourth quarter. Mangrove Partners IM LLC now owns 2,984,076 shares of the company’s stock valued at $42,255,000 after acquiring an additional 82,383 shares in the last quarter. 95.90% of the stock is currently 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.