First Trust Advisors LP Sells 30,175 Shares of Flywire Corporation $FLYW

First Trust Advisors LP lessened its holdings in Flywire Corporation (NASDAQ:FLYW) by 7.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 392,002 shares of the company’s stock after selling 30,175 shares during the quarter. First Trust Advisors LP’s holdings in Flywire were worth $4,563,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of FLYW. Voss Capital LP lifted its stake in Flywire by 21.5% in the 4th quarter. Voss Capital LP now owns 11,750,000 shares of the company’s stock valued at $166,380,000 after purchasing an additional 2,080,202 shares during the last quarter. Jennison Associates LLC lifted its stake in shares of Flywire by 35.2% in the 4th 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. AlphaQuest LLC lifted its stake in shares of Flywire by 372.4% in the 4th quarter. AlphaQuest LLC now owns 105,448 shares of the company’s stock valued at $1,493,000 after acquiring an additional 83,128 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Flywire by 103.3% during the 4th quarter. BNP Paribas Financial Markets now owns 1,023,958 shares of the company’s stock valued at $14,499,000 after acquiring an additional 520,256 shares in the last quarter. Finally, First Eagle Investment Management LLC grew its position in Flywire by 60.6% during the 4th quarter. First Eagle Investment Management LLC now owns 430,337 shares of the company’s stock worth $6,094,000 after acquiring an additional 162,348 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors.

Key Headlines Impacting Flywire

Here are the key news stories impacting Flywire this week:

• Positive Sentiment: Second-quarter revenue rose 27.2% year over year to $167.7 million, exceeding the $160.3 million analyst estimate. Revenue excluding ancillary services increased 28.5%, while gross profit climbed to $93.0 million. Flywire Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Flywire raised its fiscal 2026 FX-neutral revenue growth guidance excluding ancillary services by 300 basis points at the midpoint and increased its adjusted EBITDA margin growth outlook by 25 basis points. Operating cash flow was $21.1 million, and the company ended the quarter with $311.9 million in cash and equivalents. Quarterly Financial Results
• Positive Sentiment: Third-quarter revenue guidance of $225.2 million to $236.8 million brackets the $227.8 million consensus estimate, while full-year guidance of $729.8 million to $765.9 million is broadly in line with the $745.0 million consensus. The market reaction was also supported by continued growth across all four business verticals.
• Neutral Sentiment: Analyst price targets remain moderately supportive, with a reported six-month median target of $19, compared with recent trading near the upper end of Flywire’s annual range.
• Negative Sentiment: Profitability was weaker than expected. GAAP net loss attributable to common shareholders was $8.1 million, or $0.07 per diluted share, versus a $0.02 loss consensus; adjusted earnings were reported at $0.04 per share versus a $0.09 estimate. Expenses and cost of sales grew faster than revenue.
• Negative Sentiment: Insider trading remains a cautionary signal: company insiders recorded 15 sales and only one purchase over the past six months.

Flywire Trading Up 3.8%

NASDAQ FLYW opened at $17.26 on Wednesday. Flywire Corporation has a 12 month low of $10.10 and a 12 month high of $18.98. The firm has a market capitalization of $2.13 billion, a P/E ratio of 75.04, a PEG ratio of 1.70 and a beta of 1.34. The business has a fifty day simple moving average of $16.54 and a 200 day simple moving average of $14.30.

Flywire (NASDAQ:FLYW) last announced its earnings results on Tuesday, August 4th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.05). Flywire had a net margin of 4.45% and a return on equity of 3.78%. The business had revenue of $163.80 million for the quarter, compared to analysts’ expectations of $156.47 million. During the same period in the prior year, the business earned ($0.10) earnings per share. The company’s revenue for the quarter was up 27.2% compared to the same quarter last year. As a group, sell-side analysts predict that Flywire Corporation will post 0.28 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

FLYW has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised shares of Flywire to an “outperform” rating in a report on Wednesday, May 27th. Wall Street Zen cut shares of Flywire from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Morgan Stanley increased their price objective on Flywire from $17.00 to $20.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Raymond James Financial reaffirmed an “outperform” rating and set a $22.00 target price on shares of Flywire in a research report on Wednesday, May 27th. Finally, New Street Research set a $16.00 target price on Flywire in a report on Thursday, May 21st. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $18.69.

Insiders Place Their Bets

In other Flywire news, insider Mohit Kansal sold 54,543 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $15.15, for a total value of $826,326.45. Following the completion of the sale, the insider owned 504,320 shares of the company’s stock, valued at $7,640,448. This represents a 9.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Rob Orgel sold 178,980 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $17.00, for a total transaction of $3,042,660.00. Following the transaction, the chief operating officer directly owned 959,061 shares in the company, valued at approximately $16,304,037. This represents a 15.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 306,369 shares of company stock worth $4,985,259. 5.00% of the stock is owned by corporate insiders.

Flywire Company Profile

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.