Edwin J. Santos, serving as a director at Flywire Corp (NASDAQ:FLYW), has executed a significant divestment of company equity. On June 4, 2026, Santos sold 10,466 shares of Flywire's voting common stock. The aggregate value of these shares reached $153,714. The transaction was executed at a weighted average price of $14.687 per share, with individual sale prices ranging between $14.535 and $14.845.
Following this transaction, Santos maintains a direct holding of 18,082 shares of Flywire Corp voting common stock. The timing of this sale coincides with recent market pressure on the stock, which has declined 13.3% over the past week and currently trades at $13.89.
Despite the recent weakness, the company’s PEG ratio of 0.12 suggests attractive valuation relative to growth prospects. According to InvestingPro analysis, FLYW appears undervalued based on Fair Value calculations, placing it among compelling opportunities on the Most Undervalued stocks list.
In other recent news, Flywire Corporation has been the focus of several notable developments. JPMorgan upgraded Flywire’s stock rating from Underweight to Neutral, citing improved execution in business operations and acquisitions. The firm also raised its price target for the company to $16.00, highlighting reduced risk of negative earnings revisions. Meanwhile, Raymond James increased its price target for Flywire to $22.00, maintaining an Outperform rating based on positive growth projections for 2026 and 2027. Flywire has also expanded its partnership with Driftwood Hospitality Management to enhance payment solutions across nearly 90 U.S. hotel locations. Additionally, Flywire repurchased approximately 1.87 million shares for $29 million from a pre-IPO shareholder, utilizing cash from its existing $300 million share repurchase program. This transaction was completed at a discount to the company’s closing market price. These developments indicate a strategic focus on growth and operational efficiency for Flywire.