FLYW Flywire Corporation Voting Common Stock

XNAS 21.99 Delayed
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

FLYW $21.99 —
Key stats
$21.99
52-Week Range
$10.55 – $22.17
YTD
+58.22%
IV Rank (30D)
7.98
Straddle Price
$2.38
P/C Vol Ratio
17.53
Market Cap
$2.7B
Open
$21.86
Day Range
$21.36 – $22.07
Volume
795,215
Prev Close
$21.57
Fair Value
MODEL: NEUTRAL

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.90%
Beta vs SPY1.37
Cost of Equity (CAPM)12.41% (VRP-adj)
WACC12.57%
Volatility Risk Premium+56.6pp (IV − HV30), ERP adj +50bps
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+30.0%
DCF Horizon12 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.1B
Return on Equity (TTM)8.7%
Book / Price32.5% — banking bias active (P/B is primary)
Gross Margin (TTM)59.4%
FCF Margin (TTM)17.6%
Debt / Equity0.00
Quality Score4/6 — high quality (12y DCF)
Market-Implied Growth+12.1% (reverse-DCF on current price)
SMA 50$18.45 (Market Anchor value)
SMA 20 / Bollinger Mid$19.29
Bollinger Width / SMA2021.8% (drives anchor stability)
Net Debt$-0.4B
Market Cap$3B
Peers used for multiples: COIN, PYPL, XYZ (filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
16%
20-Day Fair Value
≈ by Dec 8, 2026
$21.79
α -1.2% rank 84%
conviction
73%
40-Day Fair Value
≈ by Jan 6, 2027
$21.86
α -0.9% rank 84%
conviction
34%
60-Day Fair Value
≈ by Feb 4, 2027
$21.92
α -0.6% rank 84%
conviction
16%
MethodImplied PriceWeightDetail
DCF $55.35 29%
DDM (Gordon) n/a 0%
Peer P/E n/a 0%
Peer EV/EBITDA $27.45 9% median 32.0× · 3 peers
Peer P/B $17.60 9% median 2.5× · 3 peers
Peer P/S $12.82 9% median 2.0× · 3 peers
Market Anchor (SMA50) $18.45 45% stability 79% (BB-width)
Options Expected (B-L 30d) $22.06 0% 5 strikes · skew +1.02
As of 2026-11-09 · updated
About
Industry (SIC)
SERVICES-BUSINESS SERVICES, NEC (7389) · industry map
Exchange
XNAS
Market Cap
$2.7B
Employees
1,400
List Date
2021-05-26
CIK
0001580560
Last Earnings
Nov 3 after close · +13.9% vs ±12.3% expected
Next Earnings
~Feb 23, 2027 (estimated)
Headquarters
Boston, MA
Homepage
https://www.flywire.com

Flywire Corp provides a secure payment platform, offering its clients a streamlined process to receive reconciled domestic and international payments more cost-effectively and efficiently. The company's solutions are built on three core elements, namely a payments platform, a proprietary payment network, and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan---26.68%12.70%-6.07%-3.83%-9.35%-6.65%
Feb---7.83%-12.55%29.63%-42.86%-2.15%-7.15%
Mar--18.94%14.06%-12.18%-11.71%-6.36%0.55%
Apr---3.30%-0.17%-13.28%-1.57%16.67%-0.33%
May-2.17%-38.42%5.77%-15.93%12.33%14.57%-3.98%
Jun8.63%-9.40%1.26%-4.10%8.43%5.78%1.77%
Jul-8.47%27.50%10.45%17.15%-6.36%-14.61%4.28%
Aug37.00%8.04%-1.34%4.50%26.81%13.59%14.77%
Sep-6.74%-4.01%-7.03%-8.38%3.12%-3.77%-4.47%
Oct1.98%-8.85%-14.91%9.28%-1.11%12.13%-0.25%
Nov-14.10%2.12%-13.96%30.22%4.17%13.01%*3.58%
Dec-1.98%12.82%-7.57%-10.89%2.76%---0.97%
Total6.71%-39.78%-17.60%6.33%-24.61%38.91%-5.01%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $19.47
SMA 50: $18.51
SMA 200: $15.74
Current: $22.05
EMA 12: $20.35
EMA 26: $19.50
MACD: 0.8519 | Signal: 0.2923
BULLISH
ADX (14): 37.12
TREND
+DI: 35.56
−DI: 8.13

Momentum Oscillators

RSI (14): 71.03
OVERBOUGHT
Stoch %K: 86.34
Stoch %D: 81.14
Williams %R: -3.16

Volume & Volatility

BB Upper: $21.85
BB Lower: $17.09
OVERBOUGHT
OBV: 35,613,825
Vol SMA 20: 1,838,343
Vol ROC: -21.17%
ATR: $0.84
True Range: $0.71
HV 20: 60.1%
HV 30: 50.2%
HV 60: 41.8%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-11-08T00:00:00 – 2026-11-06T00:00:00
AI Analysis
Written before FLYW’s Nov 3 earnings report, so it doesn’t reflect the results.

Here is my comprehensive stock analysis report based on the provided data:

Executive Summary

Overall assessment: BULLISH (Confidence level: 7/10)

Key drivers: Positive news sentiment, technical momentum signals, and institutional interest.

Primary risks: High volatility, potential for a pullback if price reaches upper Bollinger Band, and increased risk due to beta of 1.38.

Investment thesis: FLYW is a high-growth stock with strong technical momentum and positive news sentiment. While there are some risks involved, the potential rewards seem worth considering for investors seeking exposure to the fintech sector.

Recent news sentiment impact: The recent news headlines have been largely positive, highlighting Flywire's partnerships and growth prospects. This has contributed to the bullish trend in FLYW's stock price.

Technical Analysis

Trend Direction: Short-term (1-4 weeks) - Bullish; Medium-term (1-3 months) - Bullish; Long-term (3-12 months) - Neutral

Support/Resistance Levels:

  • Upper Bollinger Band: $19.73
  • Middle band: $18.56
  • Lower band: $17.39
  • SMA 20: $18.56

Momentum Signals:

  • RSI interpretation: Neutral (52.65)
  • MACD signal: Bullish (0.32 / Signal: -0.08 / Histogram: 0.40)
  • Bollinger Bands position: Squeeze, but with a bullish bias
  • Volume Analysis: On-Balance Volume (OBV) rising, indicating institutional interest

News & Sentiment Analysis

Recent Headlines Summary:

1-5 news articles highlight Flywire's partnerships and growth prospects. Sentiment Assessment: Positive Catalyst Identification: Upcoming investor conference, potential for new partnerships or product launches. Market Narrative: The positive news sentiment has contributed to the bullish trend in FLYW's stock price.

Risk & Volatility Assessment

Risk Assessment:

  • Beta: 1.38 (High risk)
  • Volatility Regime: High volatility
  • Options Market Signals:
    • IV rank: 13.3% (Low - shows if volatility is historically high/low)
    • Current IV: 95.4%
    • Expected Move: $2.42 (42 DTE), 7-DTE: $1.48
    • Volume Flow: 5 calls vs 10 puts
    • Open Interest: 48 calls vs 10 puts
    • Put/Call Volume Ratio: 2.00 (Bearish sentiment)
  • Downside Protection:
    • Support levels: SMA 20, lower Bollinger Band

Market Context & Positioning

Sector Performance:

  • Fintech sector has been performing well recently. Institutional Activity:

  • OBV rising, indicating institutional interest.

Correlation Analysis:

  • Stock moves relative to market (R-squared interpretation): 0.38
  • Correlation with SPY: 1.38

Relative Valuation:

  • Position within trading range: FLYW is slightly above its middle band and has a bullish trend.

Key Levels & Action Items

Critical Price Levels:

  • Upper Bollinger Band: $19.73
  • Middle band: $18.56
  • Lower band: $17.39
  • SMA 20: $18.56

Breakout/Breakdown Levels:

  • Potential for a pullback if price reaches upper Bollinger Band.

Time-Sensitive Catalysts:

  • Upcoming investor conference, potential for new partnerships or product launches. Risk Management:
  • Set stop-loss levels at the lower band ($17.39) to manage risk.

I hope this comprehensive analysis meets your requirements!

Generated
News
All FLYW news →
Earnings History
13 of 20 under expected move
Avg Expected Move
16.15%
Avg Actual Move
11.63%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2022-03-02 After-Close 17.71% 0.34% 0.02x Within
2022-05-10 After-Close 16.32% 8.23% 0.50x Within
2022-08-09 After-Close 15.66% 12.78% 0.82x Within
2022-11-08 After-Close 19.62% 4.92% 0.25x Within
2023-02-28 After-Close 12.94% 4.08% 0.32x Within
2023-05-09 After-Close 11.02% 1.73% 0.16x Within
2023-08-08 After-Close 11.59% 6.22% 0.54x Within
2023-11-07 After-Close 16.37% 25.29% 1.54x Exceeded
2024-02-27 After-Close 16.23% 17.66% 1.09x Exceeded
2024-05-07 After-Close 13.19% 16.07% 1.22x Exceeded
2024-08-06 After-Close 25.32% 2.81% 0.11x Within
2024-11-07 After-Close 18.17% 14.70% 0.81x Within
2025-02-25 After-Close 18.14% 37.36% 2.06x Exceeded
2025-05-06 After-Close 20.67% 8.57% 0.41x Within
2025-08-05 After-Close 14.21% 16.76% 1.18x Exceeded
2025-11-04 After-Close 17.92% 1.30% 0.07x Within
2026-02-24 After-Close 16.24% 11.39% 0.70x Within
2026-05-05 After-Close 14.62% 20.51% 1.40x Exceeded
2026-08-04 After-Close 14.77% 8.05% 0.55x Within
2026-11-03 After-Close 12.27% 13.89% 1.13x Exceeded

Earnings calendar: this week’s reports with expected vs actual moves →

FLYW Options Activity & IV Rank

FLYW IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 40.6%
7-DTE IV: 43.6%
Expected Move: $2.38
7-DTE Move: $1.30
Days to Exp: 39 (2026-12-18)

Options Flow · All expiries

Call Volume: 235
Put Volume: 4,119
P/C Volume: 17.528
BEARISH
Call OI: 2,801
Put OI: 21,036
P/C OI: 7.51
Total OI: 23,837

ATM Options Pricing

ATM Call: $0.70
ATM Put: $1.68
Call %: 3.2%
Put %: 7.6%

Chain Summary

Chain Volume: 4,354
Chain OI: 23,837
Last Updated: 11/9/2026
Spread Scanner
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Scanning bull put, bear call, iron condor and calendar spreads…

Dealer Positioning
LOW γ vs HISTORY

Estimated net dealer gamma is at the 2nd percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
2%
vs own history
GEX tilt
-0.81
OI-weighted, today
Vanna tilt
+0.86
δ-sensitivity to IV
Charm tilt
-0.86
δ-decay vs time
Vanna tilt +0.86: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.86: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 8 ATM contracts, 8k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
No data
30 DTE / 10d —
— pts EXTREME
No data

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Loading the implied volatility surface…

Volatility Smile

Loading the implied volatility smile…

IV Rank (7 DTE)5.5LowNov 9
IV Rank (30 DTE)8.0LowNov 9
Straddle Price (30 DTE)$2.38Nov 9
Beta Analysis

Risk Metrics

Beta: 1.3140
Alpha: 43.58%
Correlation: 0.3726
R-Squared: 13.9%
Stock Volatility: 48.6%
Market Volatility: 13.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own FLYW
5 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Citadel Hedge fund
Ken Griffin
$45.5M
0.03%
#735 of 6285-23.5%13F
Renaissance Technologies Hedge fund
Jim Simons
$13.9M
0.02%
#888 of 3138-11.1%13F
Bridgewater Associates Hedge fund
Ray Dalio
$5.0M
0.02%
#483 of 997new13F
Point72 Hedge fund
Steve Cohen
$4.0M
0.01%
#1058 of 1945-75.2%13F
Rockefeller Capital Management Family office
Rockefeller family
$671K
0.00%
#1925 of 4729+3.1%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

FLYW Institutional Ownership (13F)

Filings for 2026-06-30 · 91 already for 2026-09-30
Diluted shares outstanding: 129,570,016 (as of 2026-09-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

258 filers131,998,327 shares$2.33B value101.87% of float
# Filer Shares Value % of Total % of Float Period
1 Voss Capital, LP 13,629,500 $239.47M 10.29% 10.52% 2026-06-30
2 BlackRock, Inc. Custodian 9,144,416 $160.67M 6.90% 7.06% 2026-06-30
3 Divisadero Street Capital Management, LP 6,644,513 $116.74M 5.02% 5.13% 2026-06-30
4 CADIAN CAPITAL MANAGEMENT, LP 5,744,166 $100.92M 4.34% 4.43% 2026-06-30
5 Wellington Management Group LLP Custodian 5,340,579 $93.83M 4.03% 4.12% 2026-06-30
6 WASATCH ADVISORS LP 5,321,057 $93.12M 4.00% 4.11% 2026-09-30
7 Jennison Associates LLC 5,272,962 $92.65M 3.98% 4.07% 2026-06-30
8 Vanguard Portfolio Management LLC 4,966,384 $87.26M 3.75% 3.83% 2026-06-30
9 Vanguard Capital Management LLC 4,960,457 $87.16M 3.74% 3.83% 2026-06-30
10 Driehaus Capital Management LLC 4,506,928 $79.19M 3.40% 3.48% 2026-06-30
11 Temasek Holdings (Private) Ltd 4,208,966 $73.66M 3.16% 3.25% 2026-09-30
12 Geode Capital Management, LLC Custodian 3,277,492 $69.28M 2.98% 2.53% 2026-09-30
13 MANGROVE PARTNERS IM, LLC 2,984,076 $52.43M 2.25% 2.30% 2026-06-30
14 State Street Corp 2,873,939 $50.50M 2.17% 2.22% 2026-06-30
15 UBS Group AG Custodian 2,831,868 $49.76M 2.14% 2.19% 2026-06-30
16 Citadel Advisors LLC Custodian 2,591,997 $45.54M 1.96% 2.00% 2026-06-30
17 Dimensional Fund Advisors LP Custodian 2,394,983 $41.91M 1.80% 1.85% 2026-09-30
18 FULLER & THALER ASSET MANAGEMENT, INC. 2,354,573 $41.37M 1.78% 1.82% 2026-06-30
19 Ameriprise Financial, Inc. Custodian 1,446,164 $25.41M 1.09% 1.12% 2026-06-30
20 PRIMECAP Management Co 1,445,700 $25.40M 1.09% 1.12% 2026-06-30
21 Morgan Stanley Custodian 1,426,105 $25.06M 1.08% 1.10% 2026-06-30
22 Goldman Sachs Group Inc Custodian 1,253,077 $22.02M 0.95% 0.97% 2026-06-30
23 Franklin Resources, Inc. Custodian 1,204,848 $21.17M 0.91% 0.93% 2026-06-30
24 First Eagle Investment Management, LLC 1,153,637 $20.27M 0.87% 0.89% 2026-06-30
25 Ararat Capital Management LP 1,144,903 $20.12M 0.86% 0.88% 2026-06-30
6 filers$5.29M notional
# Filer Notional Value % of Total Period
1 Voss Capital, LP $2.64M 49.85% 2026-06-30
2 Susquehanna International Group, LLP Custodian $1.18M 22.40% 2026-06-30
3 PEAK6 LLC $920.67K 17.41% 2026-06-30
4 Citadel Advisors LLC Custodian $488.45K 9.24% 2026-06-30
5 GROUP ONE TRADING LLC Custodian $54.47K 1.03% 2026-06-30
6 Simplex Trading, LLC Custodian $3.50K 0.07% 2026-09-30
6 filers$6.37M notional
# Filer Notional Value % of Total Period
1 IMC-Chicago, LLC Custodian $3.29M 51.65% 2026-09-30
2 Simplex Trading, LLC Custodian $1.34M 20.98% 2026-09-30
3 Susquehanna International Group, LLP Custodian $699.29K 10.97% 2026-06-30
4 Citadel Advisors LLC Custodian $518.32K 8.13% 2026-06-30
5 Jane Street Group, LLC Custodian $425.19K 6.67% 2026-06-30
6 GROUP ONE TRADING LLC Custodian $101.91K 1.60% 2026-06-30

FLYW Insider Trading (Form 4)

Latest: 2026-11-06
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-11-06 Mohit Kansal Chief Payments Officer Sell (S) −6,053 $20.90 -$126.5K EDGAR
2026-11-06 Cosmin Pitigoi Chief Financial Officer Sell (S) −20,532 $21.36 -$438.6K EDGAR
2026-11-04 Cosmin Pitigoi Chief Financial Officer Sell (S) −19,468 $20.06 -$390.5K EDGAR
2026-11-04 David R. King See Remarks Sell (S) −55,325 $20.05 -$1.11M EDGAR
2026-10-15 David R. King See Remarks Sell (S) −36,900 $18.32 -$675.8K EDGAR
2026-09-24 Sabrina Farmer Director Award (A) +20,301 — EDGAR
2026-09-22 Voss Advisors GP, LLC 10%+ Owner Exer (X) +100,000 $10.00 $1.00M EDGAR
2026-09-15 David R. King See Remarks Sell (S) −36,900 $17.88 -$659.7K EDGAR
2026-09-10 Peter Butterfield General Counsel and CCO Sell (S) −12,156 $17.99 -$218.6K EDGAR
2026-09-03 Peter Butterfield General Counsel and CCO Tax (F) −7,878 $18.18 -$143.3K EDGAR
2026-09-03 Rob Orgel President and COO Tax (F) −21,979 $18.18 -$399.7K EDGAR
2026-09-03 Cosmin Pitigoi Chief Financial Officer Tax (F) −21,673 $18.18 -$394.1K EDGAR
2026-09-03 Michael Massaro Chief Executive Officer Mixed
Tax −39,993 · Sell −112,500
 −152,493 $18.33 -$2.80M EDGAR
2026-09-03 Mohit Kansal Chief Payments Officer Mixed
Tax −9,923 · Sell −12,423
 −22,346 $18.47 -$412.7K EDGAR
2026-09-03 David R. King See Remarks Tax (F) −15,971 $18.18 -$290.4K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

FLYW Insider Holdings

21 insiders · @ $22.05
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Voss Value Master Fund, LP 10%+ Owner 11,069,321 $244.08M -$840.8K 1 2026-09-01
2 Michael Massaro Chief Executive Officer 2,708,106 $59.71M -$3.80B 70 2026-09-03
3 Travis W. Cocke 10%+ Owner 2,250,000 $49.61M -$5.29M 1 2026-08-26
4 David R. King See Remarks 1,222,758 $26.96M -$16.56M 52 2026-11-04
5 Rob Orgel President and COO 916,918 $20.22M -$16.75M 39 2026-09-03
6 Cosmin Pitigoi Chief Financial Officer 816,575 $18.01M -$1.86M 14 2026-11-06
7 Peter Butterfield General Counsel and CCO 601,022 $13.25M -$7.95M 60 2026-09-10
8 Mohit Kansal Chief Payments Officer 472,271 $10.41M -$1.50M 7 2026-11-06
9 Voss Capital, LP 10%+ Owner 375,000 $8.27M $3.20M 1 2026-01-07
10 Voss Advisors GP, LLC 10%+ Owner 366,617 $8.08M -$1.65M 3 2026-09-22
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

FLYW Board & Officers

As of SEC filings through Nov 6, 2026

Directors 10

Officers 7

  • Michael Massaro · Chief Executive Officer · since May 25, 2021
  • Rob Orgel · President and COO · since May 25, 2021
  • David R. King · Chief Product Officer & Co-President of Global Education · listed since Apr 2026
  • Cosmin Pitigoi · Chief Financial Officer · since Mar 4, 2024
  • Patrick Blanc · Chief Technology Officer · since Feb 23, 2026
  • Mohit Kansal · Chief Payments Officer · since Mar 1, 2026
  • Peter Butterfield · General Counsel and CCO · since May 25, 2021

10% owners 5

Changes in the last 10 years (95)
Sep 22, 2026Sabrina Farmer became a director
Apr 2, 2026David R. King listed as Chief Product Officer & Co-President of Global Education (previously Chief Technology Officer) in SEC filings
Mar 25, 2026Christine Katziff became a director
Mar 1, 2026Mohit Kansal became Chief Payments Officer
Feb 23, 2026Patrick Blanc became Chief Technology Officer
Dec 30, 2025Voss Value-Oriented Special Situations Fund, LP became a 10% owner
Dec 30, 2025Voss Value Master Fund, LP became a 10% owner
Dec 30, 2025Voss Capital, LP became a 10% owner
Dec 30, 2025Voss Advisors GP, LLC became a 10% owner
Dec 30, 2025Travis W. Cocke became a 10% owner
Nov 19, 2024Carleigh Jaques became a director
Mar 4, 2024Cosmin Pitigoi became Chief Financial Officer
Feb 22, 2024The company announced the departure of Michael G Ellis as Chief Financial Officer in an SEC filing
Sep 19, 2023Gretchen Howard became a director
May 15, 2023Matthew C Harris no longer listed as a 10% owner in SEC filings
May 15, 2023Enrique T Salem reported in an SEC filing no longer being a 10% owner
May 15, 2023Bcip Venture Associates-B reported in an SEC filing no longer being a 10% owner
May 15, 2023Bain Capital Venture Partners 2016, L.P. reported in an SEC filing no longer being a 10% owner
May 15, 2023Bain Capital Venture Partners 2014, L.P. reported in an SEC filing no longer being a 10% owner
May 15, 2023Bain Capital Venture Investors, LLC reported in an SEC filing no longer being a 10% owner
Not reported recently (10)
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

FLYW Proposed Insider Sales (Form 144)

Latest: 2026-11-04
Last 30d: 4 filings · $2.0M notice value  ·  Last 90d: 6 filings · $3.9M notice value · 4 unique filers · 100% under 10b5-1 plans

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: David R. King (2, $2.7M) · Pitigoi Cosmin (2, $829K) · Peter T Butterfield (1, $223K) · Kansal Mohit (1, $127K)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-11-04 Pitigoi Cosmin Officer 20,532 $438.6K 2026-11-04 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-11-04 Kansal Mohit Officer 6,053 $126.5K 2026-11-04 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-11-02 David R. King Officer 55,325 $1.09M 2026-11-02 JP Morgan Securities LLC 10b5-1 EDGAR
2026-11-02 Pitigoi Cosmin Officer 19,468 $390.5K 2026-11-02 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-09-11 David R. King Officer 92,225 $1.64M 2026-09-11 JP Morgan Securities LLC 10b5-1 EDGAR
2026-09-08 Peter T Butterfield Officer 12,156 $223.3K 2026-09-08 J.P. Morgan Securities LLC 10b5-1 EDGAR
2026-08-07 Riese Phillip John Director 36,000 $656.0K 2026-08-07 Fidelity Brokerage Services LLC — EDGAR
2026-07-01 Peter T Butterfield Officer 32,576 $586.4K 2026-07-01 J.P. Morgan Securities LLC 10b5-1 EDGAR
2026-06-25 Kansal Mohit Officer 3,650 $61.9K 2026-06-25 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-06-15 Kansal Mohit Officer 54,543 $826.6K 2026-06-15 Fidelity Brokerage Services LLC 10b5-1 EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-11-04
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Event Link
2026-11-03 Earnings results · Director or officer change · Regulation FD disclosure EDGAR
2026-09-23 Director or officer change · Regulation FD disclosure EDGAR
2026-08-04 Earnings results · Regulation FD disclosure EDGAR
2026-06-05 Shareholder vote results EDGAR
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Filing Date Accession Link
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-11-04 0001628280-26-069661 EDGAR
2026-08-05 0001580560-26-000016 EDGAR
ETF Holders
79 ETFs hold FLYW
25 shown · $373.92M total exposure · 0.07% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.09% $68.5M $76.6B 2026-11-06
2 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $66.1M — 2026-09-30
3 VB Vanguard Morningstar Small-Cap ETF Vanguard 0.03% $45.6M — 2026-09-30
4 VBK Vanguard Morningstar Small-Cap Growth ETF Vanguard 0.06% $25.2M — 2026-09-30
5 VXF Vanguard Extended Market ETF Vanguard 0.03% $24.0M — 2026-09-30
6 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.17% $22.9M $13.7B 2026-11-06
7 DFAS Dimensional US Small Cap ETF Dimensional 0.06% $19.0M — 2026-11-05
8 FESM Fidelity Enhanced Small Cap Core ETF Fidelity 0.28% $18.5M $6.6B 2026-11-05
9 VTWO Vanguard Russell 2000 ETF Vanguard 0.07% $12.2M — 2026-09-30
10 FYC First Trust Small Cap Growth AlphaDEX® Fund First Trust 0.81% $10.6M $1.3B 2026-11-06
11 SCHA Schwab U.S. Small-Cap ETF Nport 0.04% $9.9M — 2026-08-31
12 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.01% $9.7M — 2026-11-05
13 DFMC Dimensional US Micro Cap ETF Dimensional 0.11% $8.1M — 2026-11-05
14 FYX First Trust Small Cap Core AlphaDEX® Fund First Trust 0.38% $5.2M $1.4B 2026-11-06
15 AVSC Avantis U.S. Small Cap Equity ETF Avantis 0.13% $4.1M $3.2B 2026-11-05
16 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.00% $3.8M $93.2B 2026-11-06
17 FDIG Fidelity Crypto Industry and Digital Payments ETF Fidelity 1.76% $3.3M $185.0M 2026-11-05
18 VFH Vanguard Financials ETF Vanguard 0.02% $3.1M — 2026-09-30
19 FDLS Inspire Fidelis Multi Factor ETF Nport 1.16% $2.9M — 2026-08-31
20 VTWG Vanguard Russell 2000 Growth ETF Vanguard 0.13% $2.1M — 2026-09-30
21 IPAY Amplify Digital Payments ETF Amplify 1.34% $2.0M $151.6M 2026-11-06
22 PRFZ Invesco RAFI US 1500 Small-Mid ETF Nport 0.07% $1.9M — 2026-07-31
23 ESML iShares ESG Aware MSCI USA Small-Cap ETF iShares (BlackRock) 0.07% $1.8M $2.7B 2026-11-06
24 IWN iShares Russell 2000 Value ETF iShares (BlackRock) 0.01% $1.8M $13.9B 2026-11-06
25 VT Vanguard Total World Stock ETF Vanguard 0.00% $1.6M — 2026-09-30
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
36.71
TTM Diluted EPS
$0.60
TTM Revenue
$763.70M
TTM Net Income
$78.95M
TTM Op. Cash Flow
$135.30M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q3 '262026-09-30$250.30M$74.54M$0.57$125.16M
Q2 '262026-06-30$167.74M$-8.15M$-0.07$21.10M
Q1 '262026-03-31$188.11M$12.52M$0.10$-15.85M
Q4 '252025-12-31$157.54M$33.00K$0.00$4.89M
Q3 '252025-09-30$200.14M$29.63M$0.23$156.17M
Q2 '252025-06-30$131.89M$-12.01M$-0.10$19.91M
Q1 '252025-03-31$133.45M$-4.16M$-0.03$-80.79M
Q4 '242024-12-31$117.55M$-15.90M$-0.13$-28.55M
Q3 '242024-09-30$156.81M$38.90M$0.30$184.63M
Q2 '242024-06-30$103.68M$-13.88M$-0.11$-19.32M
Q1 '242024-03-31$114.10M$-6.22M$-0.05$-38.09M
Q4 '232023-12-31$100.55M$1.29M$0.02$59.75M
Q3 2026 • period ending 2026-09-30 • filed 2026-11-04
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
36.71
P/B
3.41
P/S
3.90
EV/EBITDA
37.01
EV/Sales
3.51
ROE
4.2%
ROA
2.9%
Div Yield
0.00%
FCF Yield
5.75%
Debt/Equity
0.00
Current Ratio
—
Market Cap
$2.78B
as of 2026-11-09

FLYW vs Peers

Related companies, largest first
Company Market cap P/E Revenue growth YTD IV rank
V VISA Inc. $788.6B 35.2 +14.8% +22.4% 39
MA Mastercard Incorporated $568.6B 34.4 +15.3% +17.0% 27
XYZ Block, Inc. $51.7B 120.4 +6.9% +36.8% 19
PYPL PayPal Holdings, Inc. Common Stock $49.2B 11.4 +4.4% +3.4% 12
COIN Coinbase Global, Inc. Class A Common Sto $35.7B — −26.6% −41.6% 25
FLYW Flywire Corporation Voting Common Stock $2.7B 36.8 +31.0% +58.6% 8
GLNK Grayscale Chainlink Trust ETF — — — −19.4% 15
ETHA iShares Ethereum Trust ETF — — — −31.8% 76
BSOL Bitwise Solana Staking ETF — — — −30.8% 37
Peer median $51.7B 34.8 +6.9% −8.0% 26

P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.

Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
11.63M
SI % of Float
10.64%
Days to Cover
9.43
Short Vol Ratio
44.6%
Free Float
109.26M
Float %
89.8%
Short interest 2026-10-15 • Short volume 2026-11-06 • Float 2026-08-07