Wasatch Advisors LP Takes $44.03 Million Position in Flywire Corporation $FLYW

Posted by Francis Steltz on Aug 12th, 2026

Wasatch Advisors LP acquired a new position in shares of Flywire Corporation (NASDAQ:FLYW – Free Report) in the second quarter, HoldingsChannel reports. The firm acquired 2,505,756 shares of the company’s stock, valued at approximately $44,026,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Voss Capital LP grew 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 worth $166,380,000 after acquiring an additional 2,080,202 shares during the period. Jennison Associates LLC boosted its holdings in shares of Flywire by 35.2% during the fourth quarter. Jennison Associates LLC now owns 4,420,633 shares of the company’s stock worth $62,596,000 after purchasing an additional 1,150,802 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of Flywire by 110.8% in the first quarter. Renaissance Technologies LLC now owns 887,200 shares of the company’s stock valued at $10,327,000 after purchasing an additional 466,300 shares during the period. AlphaQuest LLC increased its stake in Flywire by 372.4% in the fourth quarter. AlphaQuest LLC now owns 105,448 shares of the company’s stock valued at $1,493,000 after purchasing an additional 83,128 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in Flywire by 103.3% during the fourth quarter. BNP Paribas Financial Markets now owns 1,023,958 shares of the company’s stock worth $14,499,000 after buying an additional 520,256 shares during the period. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Flywire Price Performance

Shares of NASDAQ:FLYW opened at $17.47 on Wednesday. The business has a 50-day moving average of $16.74 and a two-hundred day moving average of $14.45. The firm has a market capitalization of $2.16 billion, a PE ratio of 67.19, a P/E/G ratio of 1.78 and a beta of 1.34. Flywire Corporation has a 12 month low of $10.55 and a 12 month high of $18.98.

Flywire (NASDAQ:FLYW – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.05). The firm had revenue of $163.80 million for the quarter, compared to analysts’ expectations of $156.47 million. Flywire had a return on equity of 4.08% and a net margin of 4.77%.The firm’s revenue for the quarter was up 27.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.10) EPS. As a group, research analysts anticipate that Flywire Corporation will post 0.28 earnings per share for the current year.

Insider Activity

In other news, insider Mohit Kansal sold 54,543 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $15.15, for a total value of $826,326.45. Following the transaction, the insider owned 504,320 shares of the company’s stock, valued at approximately $7,640,448. This trade represents a 9.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Peter Butterfield sold 6,528 shares of Flywire stock in a transaction on Monday, June 15th. The shares were sold at an average price of $15.08, for a total transaction of $98,442.24. Following the transaction, the general counsel owned 652,152 shares in the company, valued at $9,834,452.16. The trade was a 0.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 304,889 shares of company stock valued at $4,958,590 over the last quarter. 5.00% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have commented on FLYW shares. B. Riley Financial lifted their price target on Flywire from $22.00 to $24.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft raised shares of Flywire to an “outperform” rating in a research report on Wednesday, May 27th. Zacks Research lowered shares of Flywire from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Wall Street Zen lowered shares of Flywire from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Finally, Truist Financial reaffirmed a “hold” rating and set a $17.00 price target (down from $18.00) on shares of Flywire in a research note on Friday, July 24th. Eight research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Flywire presently has an average rating of “Hold” and a consensus target price of $19.38.

View Our Latest Report on Flywire

Flywire Profile

(Free Report)

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.