This insider just sold shares of Flywire Corporation (NASDAQ:FLYW)

We wouldn’t blame Flywire Company (NASDAQ:FLYW) shareholders if they were a bit concerned that Jyothsna Natauri, the independent director, recently made around US$1.7 million selling shares at an average price of US$19.16. However, it is crucial to note that they remain very invested in the title and that the sale only reduced their stake by 2.8%.

Check out our latest analysis for Flywire

Flywire insider trades over the past year

In fact, the recent sale by Jyothsna Natauri was the largest sale of Flywire stock by an insider in the past twelve months, according to our records. Clearly, then, an insider wanted to take money off the table, even slightly below the current price of US$19.18. When an insider sells below the current price, it suggests that they consider this lower price to be fair. This makes us wonder what they think of the recent (higher) valuation. While insider selling is not a positive sign, we can’t be sure if it means insiders believe the stock is fully priced, so it’s only a weak sign. It should be noted that this sale represented only 2.8% of Jyothsna Natauri’s stake.

You can see a visual representation of insider trading (by companies and individuals) over the past 12 months, below. If you want to know exactly who sold, how much and when, just click on the chart below!

NasdaqGS:FLYW Insider Trading Volume May 22, 2022

For those who like to find winning investments this free list of growing companies with recent insider buying, might be just the ticket.

Does Flywire boast of high insider ownership?

For an ordinary shareholder, it is worth checking how many shares are held by company insiders. High insider participation often makes company management more concerned with the interests of shareholders. Flywire insiders own 5.1% of the company, which is currently worth around US$106 million based on recent share price. I like to see this level of insider ownership because it increases the chances that management is thinking about the best interests of shareholders.

So what do Flywire insider trading indicate?

An insider hasn’t bought any Flywire stock in the past three months, but there have been some sales. Looking at the last twelve months, our data shows no insider buying. The company enjoys strong insider ownership, but we are a little hesitant given the history of stock sales. So these insider trades can help us build a thesis on the stock, but it’s also helpful to know the risks this company faces. For example – Flywire has 2 warning signs we think you should know.

Sure Flywire may not be the best stock to buy. So you might want to see this free set of high quality companies.

For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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