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

Flywire Corporation (NASDAQ:FLYW) insider Mohit Kansal sold 16,101 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $15.90, for a total transaction of $256,005.90. Following the sale, the insider owned 567,794 shares of the company’s stock, valued at approximately $9,027,924.60. This represents a 2.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Flywire Stock Performance

NASDAQ FLYW opened at $17.23 on Friday. The firm has a market cap of $2.09 billion, a PE ratio of 74.91, a P/E/G ratio of 1.29 and a beta of 1.30. Flywire Corporation has a one year low of $9.97 and a one year high of $18.05. The firm’s fifty day moving average is $12.84 and its two-hundred day moving average is $13.18.

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

Analysts Set New Price Targets

FLYW has been the topic of several analyst reports. Royal Bank Of Canada lifted their target price on Flywire from $18.00 to $20.00 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. The Goldman Sachs Group restated a “neutral” rating and set a $17.00 price target on shares of Flywire in a research note on Wednesday. Citigroup lifted their price objective on shares of Flywire from $13.00 to $16.00 and gave the company a “neutral” rating in a research report on Thursday. Stephens raised shares of Flywire from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $17.00 to $19.00 in a research note on Friday, January 16th. Finally, Raymond James Financial restated an “outperform” rating and set a $21.00 price objective on shares of Flywire in a research report on Wednesday. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Flywire currently has an average rating of “Moderate Buy” and a consensus price target of $18.17.

Hedge Funds Weigh In On Flywire

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC purchased a new stake in shares of Flywire in the third quarter valued at approximately $1,253,000. GDS Wealth Management grew its holdings in Flywire by 9.0% during the third quarter. GDS Wealth Management now owns 1,039,320 shares of the company’s stock worth $14,072,000 after acquiring an additional 85,411 shares during the period. BlueCrest Capital Management Ltd purchased a new position in Flywire in the third quarter worth $1,354,000. Jennison Associates LLC lifted its holdings in Flywire by 35.2% in 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 period. Finally, Promus Capital LLC acquired a new stake in Flywire in the third quarter valued at $1,000,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Trending Headlines about 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

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.