Flywire (FLYW) Chief Payments Officer Kansal Sells $62K of Stock
Flywire's Chief Payments Officer sold 3,650 shares in a planned transaction.
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Mohit Kansal, Chief Payments Officer at Flywire Corporation ($FLYW), sold 3,650 shares at an average price of $16.96, worth about $61,904, on June 25, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $FLYW is up 11.1% after 1 week, down 4.4% after 1 month and up 9.4% to date (from the $16.88 close on Jun 25, 2026).
Key Points
- On June 25, 2026, Mohit Kansal, Chief Payments Officer at Flywire, sold 3,650 shares at $16.96 each, totaling $61,904.
- Flywire Corporation, listed on NasdaqGS, has a market cap of $2.16 billion and a P/E ratio of 73.08.
- VOSS Capital increased its Flywire holdings by 1,875,000 shares, while Cadian Capital reduced its stake by 1,309,040 shares.
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On June 25, 2026, Mohit Kansal, the Chief Payments Officer of Flywire Corporation, sold 3,650 shares of the company. The shares were sold at an average price of $16.96 each, bringing the total transaction value to approximately $61,904. This sale was part of a planned transaction under Rule 10b5-1.
Other Institutional Activity in Flywire
VOSS Capital, LP increased its holdings in Flywire by 1,875,000 shares, bringing its total to 13,625,000 shares valued at about $158.6 million. BlackRock, Inc. added 22,508 shares, ending with 8,664,019 shares worth approximately $100.8 million. On the other hand, Cadian Capital Management, LP reduced its stake by 1,309,040 shares, leaving it with 6,618,119 shares valued at $77 million. Temasek Holdings trimmed its position by 217,472 shares, holding 6,173,385 shares worth around $71.9 million. Divisadero Street Capital Management, LP increased its stake by 284,132 shares, totaling 6,070,594 shares valued at about $70.7 million.
Flywire Corporation Stock Down 9.0%
Shares of Flywire Corporation (NasdaqGS: FLYW) traded near $17.54 on Tuesday. The company has a market capitalization of approximately $2.16 billion and a P/E ratio of 73.08. Flywire's stock has a 52-week range of $10.11 to $18.05. The company maintains a 50-day moving average of $15.23 and a 200-day moving average of $13.62. Flywire's current ratio is 1.75, with a quick ratio of 1.61 and a low debt-to-equity ratio of 0.17.
Recent Earnings
Flywire reported revenues of $677.7 million, reflecting a growth rate of 41%. Its net margin stands at 4.45%, and the return on equity is 3.69%. The company's earnings per share (EPS) is $0.24. Flywire is scheduled to release its next earnings report on August 4, 2026.
Insider Buying and Selling at Flywire Corporation
In addition to Mohit Kansal's recent sale, several other insiders have sold shares in planned transactions. On June 15, 2026, Kansal sold 54,543 shares at $15.15 each. Michael Massaro, the CEO, also sold 50,000 shares at $15.26. Peter Butterfield, General Counsel and CCO, sold shares on both June 15 and June 5, at prices of $15.08 and $14.40, respectively. Edwin Santos sold 6,524 shares at $14.12 on June 8, in a non-planned transaction.
Analysts Set New Price Targets
On May 21, 2026, JP Morgan upgraded Flywire's stock to a 'hold' rating with a price target of $16. Truist Securities maintained a 'buy' rating with an $18 target on May 19. Citigroup and UBS both maintained 'hold' ratings with price targets of $16 and $18, respectively, in early May. Morgan Stanley and BTIG reiterated 'buy' ratings, setting targets at $20 on May 6.
About Flywire Corporation
Flywire Corporation is a technology company that provides payment solutions and software. It operates a payment platform that integrates with existing apps and workflows, offering features like tailored invoicing and split payouts. Flywire's payment network includes banks and digital wallets, and it serves sectors such as education, healthcare, and travel. Headquartered in Boston, Massachusetts, Flywire is led by CEO Michael Massaro and employs around 1,460 people.
Bottom Line
Mohit Kansal's recent planned sale of Flywire shares is a routine insider transaction. Flywire Corporation continues to attract attention from institutional investors, with some increasing their stakes while others trim positions. As a leading payment solutions provider, Flywire's stock performance and analyst ratings remain closely watched by investors.
Source: Mohit Kansal's Form 4 filing on $FLYW (Jun 25, 2026). Find the original filing: FLYW Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts