Flywire Corp’s filing revealed that its General Counsel and CCO Butterfield Peter unloaded Company’s shares for reported $55667.0 on Mar 10 ’25. In the deal valued at $10.08 per share,5,523 shares were sold. As a result of this transaction, Butterfield Peter now holds 247,561 shares worth roughly $2.13 million.
Then, Peter Butterfield bought 19,850 shares, generating $202,272 in total proceeds.
Before that, Howard Gretchen bought 8,889 shares. Flywire Corp shares valued at $97,238 were divested by the Director at a price of $10.94 per share. As a result of the transaction, Howard Gretchen now holds 30,770 shares, worth roughly $0.27 million.
JP Morgan downgraded its Flywire Corp [FLYW] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in late February from “a Buy” to “a Neutral”. Stephens also remained covering FLYW and has decreased its forecast on February 26, 2025 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Raymond James revised its rating on February 26, 2025. It rated FLYW as “an Outperform” which previously was an “a Strong buy”.
Price Performance Review of FLYW
On Monday, Flywire Corp [NASDAQ:FLYW] saw its stock fall -2.93% to $8.62. Over the last five days, the stock has gained 1.06%. Flywire Corp shares have fallen nearly -58.20% since the year began. Nevertheless, the stocks have fallen -57.81% over the past one year. While a 52-week high of $23.40 was reached on 02/10/25, a 52-week low of $8.20 was recorded on 04/11/25. SMA at 50 days reached $12.07, while 200 days put it at $17.03.
Levels Of Support And Resistance For FLYW Stock
The 24-hour chart illustrates a support level at 8.46, which if violated will result in even more drops to 8.30. On the upside, there is a resistance level at 8.82. A further resistance level may holdings at 9.03. The Relative Strength Index (RSI) on the 14-day chart is 32.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.92%. Stochastics %K at 32.60% indicates the stock is a holding.
How much short interest is there in Flywire Corp?
A steep rise in short interest was recorded in Flywire Corp stocks on 2025-03-31, growing by 0.93 million shares to a total of 3.36 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.43 million shares. There was a rise of 27.77%, which implies that there is a positive sentiment for the stock.