Flywire (NASDAQ:FLYW) Insider Mohit Kansal Sells 16,101 Shares of Stock

Flywire Corporation (NASDAQ:FLYW) insider Mohit Kansal sold 16,101 shares of Flywire stock in a transaction dated Wednesday, May 6th. The stock was 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 in the company, valued at approximately $9,027,924.60. This represents a 2.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Flywire Price Performance

Shares of FLYW stock opened at $17.23 on Friday. The business has a 50-day moving average of $12.84 and a 200 day moving average of $13.18. Flywire Corporation has a 1-year low of $9.97 and a 1-year high of $18.05. The stock has a market capitalization of $2.09 billion, a PE ratio of 74.91, a P/E/G ratio of 1.32 and a beta of 1.30.

Flywire (NASDAQ:FLYW) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.07. The business had revenue of $184.00 million for the quarter, compared to analysts’ expectations of $170.24 million. Flywire had a return on equity of 3.78% and a net margin of 4.45%.The business’s quarterly revenue was up 40.9% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.03) EPS. Analysts anticipate that Flywire Corporation will post 0.39 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC bought a new position in Flywire in the 4th quarter worth $32,000. Covestor Ltd boosted its stake in shares of Flywire by 217.9% during the 3rd quarter. Covestor Ltd now owns 3,233 shares of the company’s stock valued at $43,000 after purchasing an additional 2,216 shares in the last quarter. KBC Group NV bought a new stake in shares of Flywire during the 1st quarter valued at about $38,000. Leonteq Securities AG increased its position in shares of Flywire by 267.6% during the first quarter. Leonteq Securities AG now owns 3,540 shares of the company’s stock valued at $41,000 after buying an additional 2,577 shares during the period. Finally, State of Alaska Department of Revenue purchased a new position in shares of Flywire during the third quarter valued at about $67,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on FLYW shares. The Goldman Sachs Group reissued a “neutral” rating and set a $17.00 price target on shares of Flywire in a research report on Wednesday. Truist Financial decreased their price objective on shares of Flywire from $17.00 to $16.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. BTIG Research upped their price objective on shares of Flywire from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday. Raymond James Financial reiterated an “outperform” rating and set a $21.00 target price on shares of Flywire in a report on Wednesday. Finally, Royal Bank Of Canada raised their target price on Flywire from $18.00 to $20.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Flywire presently has an average rating of “Moderate Buy” and an average price target of $18.17.

Key Flywire News

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

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.