Key Points
- COO sold 1,032 shares: WEX COO Robert Joseph Deshaies sold 1,032 shares on Feb. 11 at an average price of $166 for $171,312, reducing his holding by 6.17% to 15,699 shares valued at about $2.61 million.
- Quarterly results beat expectations: WEX reported Q4 EPS of $4.11 (vs. $3.90 est.) and revenue of $672.9M (vs. $660.9M), and set FY2026 guidance of $17.25–$17.85 EPS with Q1 guidance of $3.80–4.00.
- Analyst and market view mixed: The consensus rating is "Hold" with a $162.27 target, while recent analyst moves range from upgrades (Bank of America to Buy, $178 TP) to lowered targets (JPMorgan to $155, Morgan Stanley $146).
WEX Inc. (NYSE:WEX - Get Free Report) COO Robert Joseph Deshaies sold 1,032 shares of the firm's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $166.00, for a total transaction of $171,312.00. Following the completion of the transaction, the chief operating officer directly owned 15,699 shares of the company's stock, valued at $2,606,034. This represents a 6.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Robert Joseph Deshaies also recently made the following trade(s):
- On Wednesday, November 26th, Robert Joseph Deshaies sold 1,506 shares of WEX stock. The stock was sold at an average price of $149.62, for a total value of $225,327.72.
WEX Price Performance
NYSE:WEX opened at $157.59 on Friday. WEX Inc. has a one year low of $110.45 and a one year high of $180.71. The firm's fifty day moving average price is $154.79 and its two-hundred day moving average price is $157.88. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.05 and a quick ratio of 1.05. The company has a market cap of $5.40 billion, a P/E ratio of 18.54, a P/E/G ratio of 1.18 and a beta of 0.98.
WEX (NYSE:WEX - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The business services provider reported $4.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.90 by $0.21. The firm had revenue of $672.90 million during the quarter, compared to the consensus estimate of $660.89 million. WEX had a net margin of 11.43% and a return on equity of 48.01%. The business's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.57 EPS. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS. Equities analysts expect that WEX Inc. will post 14.09 earnings per share for the current year.
Hedge Funds Weigh In On WEX
A number of institutional investors and hedge funds have recently made changes to their positions in WEX. Los Angeles Capital Management LLC purchased a new stake in WEX during the fourth quarter valued at $25,000. Quent Capital LLC acquired a new position in shares of WEX during the third quarter worth $28,000. Steph & Co. acquired a new position in WEX during the 3rd quarter valued at about $35,000. First Horizon Corp increased its holdings in shares of WEX by 65.7% in the fourth quarter. First Horizon Corp now owns 237 shares of the business services provider's stock valued at $35,000 after purchasing an additional 94 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its stake in shares of WEX by 368.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 220 shares of the business services provider's stock worth $35,000 after acquiring an additional 173 shares during the period. Hedge funds and other institutional investors own 97.47% of the company's stock.
Analyst Ratings Changes
WEX has been the subject of several recent analyst reports. Cantor Fitzgerald raised their target price on WEX from $158.00 to $166.00 and gave the stock a "neutral" rating in a research note on Monday, February 9th. JPMorgan Chase & Co. reduced their price objective on WEX from $175.00 to $155.00 and set a "neutral" rating for the company in a research note on Friday, February 6th. Morgan Stanley set a $146.00 target price on shares of WEX in a research note on Friday, February 6th. Bank of America raised shares of WEX from a "neutral" rating to a "buy" rating and set a $178.00 price objective for the company in a report on Wednesday, October 22nd. Finally, Mizuho lowered their target price on shares of WEX from $180.00 to $170.00 and set an "outperform" rating on the stock in a report on Friday, February 6th. Three research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, WEX presently has a consensus rating of "Hold" and a consensus target price of $162.27.
View Our Latest Analysis on WEX
WEX Company Profile
(
Get Free Report)
WEX Inc is a global financial technology company specializing in business payment solutions for fleet, travel, and corporate payments. The company delivers software-driven platforms and card-based services that help businesses automate payment processes, manage expenses and improve operational efficiency across a range of industries, including transportation, healthcare and government.
Founded in 1983 as Wright Express in Portland, Maine, the company began by offering fuel card services to trucking fleets.
Further Reading
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