Flywire (NASDAQ:FLYW) Stock: Insider David King Sells 55,325 Shares

Flywire Corporation (NASDAQ:FLYW) insider David King sold 55,325 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $20.05, for a total transaction of $1,109,266.25. Following the transaction, the insider directly owned 147,079 shares of the company’s stock, valued at approximately $2,948,933.95. This trade represents a 27.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Flywire Price Performance

Shares of Flywire stock opened at $21.26 on Friday. Flywire Corporation has a 1 year low of $10.55 and a 1 year high of $22.17. The business has a 50 day moving average price of $18.39 and a 200 day moving average price of $15.65. The company has a market capitalization of $2.59 billion, a P/E ratio of 35.43, a P/E/G ratio of 1.39 and a beta of 1.32.

Flywire (NASDAQ:FLYW) last announced its earnings results on Tuesday, November 3rd. The company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.26. The firm had revenue of $250.30 million for the quarter, compared to analysts’ expectations of $233.25 million. Flywire had a return on equity of 9.46% and a net margin of 10.34%. Flywire’s quarterly revenue was up 25.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.23 EPS. As a group, research analysts expect that Flywire Corporation will post 0.40 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FLYW. Wasatch Advisors LP purchased a new stake in shares of Flywire in the second quarter valued at $44,026,000. Jennison Associates LLC increased its stake in Flywire by 19.9% in the first quarter. Jennison Associates LLC now owns 5,298,881 shares of the company’s stock valued at $61,679,000 after purchasing an additional 878,248 shares during the last quarter. North Reef Capital Management LP increased its stake in Flywire by 83.3% in the first quarter. North Reef Capital Management LP now owns 1,100,000 shares of the company’s stock valued at $12,804,000 after purchasing an additional 499,999 shares during the last quarter. Renaissance Technologies LLC lifted its position in Flywire by 110.8% during the first quarter. Renaissance Technologies LLC now owns 887,200 shares of the company’s stock worth $10,327,000 after buying an additional 466,300 shares during the period. Finally, Squarepoint Ops LLC lifted its position in Flywire by 158.4% during the second quarter. Squarepoint Ops LLC now owns 539,307 shares of the company’s stock worth $9,476,000 after buying an additional 330,622 shares during the period. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on FLYW shares. Truist Financial lifted their price objective on Flywire from $17.00 to $19.00 and gave the stock a “hold” rating in a research report on Friday, August 14th. Wolfe Research upped their target price on shares of Flywire from $22.00 to $23.00 and gave the company an “outperform” rating in a report on Tuesday, August 25th. UBS Group upped their target price on shares of Flywire from $19.00 to $21.50 and gave the company a “neutral” rating in a report on Wednesday. Stephens initiated coverage on shares of Flywire in a research note on Friday, October 16th. They set an “equal weight” rating and a $20.00 price target on the stock. Finally, Zacks Research downgraded shares of Flywire from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Seven equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $22.27.

Flywire News Summary

Here are the key news stories impacting Flywire this week:

• Positive Sentiment: Flywire reported Q3 adjusted EPS of $0.57, beating the $0.31 consensus, and revenue of $250.3 million versus estimates near $233.3 million. Revenue rose 25.1% year over year. Flywire Q3 results
• Positive Sentiment: Management lifted its 2026 FX-neutral revenue-growth outlook to 25%–27% and reiterated a goal of a 25% adjusted EBITDA margin in 2027, bolstering the case for continued growth and improving profitability. 2026 growth outlook and 2027 margin target
• Positive Sentiment: B. Riley raised its price target to $25 and kept a Buy rating; BTIG raised its target to $22 and named Flywire a small-cap top pick. B. Riley target update
• Neutral Sentiment: Citigroup and JPMorgan both raised their targets to $23 but maintained Neutral ratings. The higher targets are constructive, while the ratings suggest limited conviction after the stock’s recent gains. Morgan Stanley expects high-teens growth in revenue less ancillary services in 2027, slower than the company’s 2026 outlook. Morgan Stanley growth outlook
• Negative Sentiment: Insider David King sold 55,325 shares, reducing his direct holdings by 27.33%. The sale was made under a pre-arranged Rule 10b5-1 plan, which makes it a less clear signal about his view of the company. SEC Form 4 filing

About Flywire

Flywire Corp. (NASDAQ: FLYW) is a global payments and software company that helps organizations receive and manage payments from customers and clients in multiple countries and currencies. Its platform is designed to simplify complex, cross-border transactions while providing payment tracking, reconciliation and related accounts-receivable capabilities.

The company serves several major verticals, including education, healthcare, travel and business-to-business payments. Its products and services include international and domestic payment processing, digital billing and invoicing, payment plans, embedded payment solutions and tools that help organizations automate reconciliation and improve the payment experience.

Flywire was founded in 2009 as peerTransfer and is headquartered in Boston, Massachusetts.