Key Points
- WEX CAO Jennifer Kimball sold 715 shares on March 17 at an average price of $157.82 for a total of $112,841.30, reducing her ownership by 10.34% to 6,203 shares.
- WEX beat Q4 estimates with EPS of $4.11 (vs. $3.90 consensus) and revenue of $672.9M, set FY2026 guidance of 17.25–17.85 EPS, while shares traded around $150.50 (down ~1.3%).
- Analyst and institutional picture: consensus rating is "Hold" with an average price target of $162.27, and institutional investors own about 97.47% of the stock amid recent position increases by firms like Invesco and Rockefeller.
WEX Inc. (NYSE:WEX - Get Free Report) CAO Jennifer Kimball sold 715 shares of the business's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $157.82, for a total value of $112,841.30. Following the completion of the transaction, the chief accounting officer directly owned 6,203 shares in the company, valued at approximately $978,957.46. This trade represents a 10.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Jennifer Kimball also recently made the following trade(s):
- On Thursday, December 18th, Jennifer Kimball sold 494 shares of WEX stock. The stock was sold at an average price of $151.40, for a total transaction of $74,791.60.
WEX Trading Down 1.3%
Shares of NYSE:WEX traded down $2.03 during mid-day trading on Thursday, hitting $150.50. The company had a trading volume of 7,973 shares, compared to its average volume of 462,673. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.05 and a quick ratio of 1.05. WEX Inc. has a one year low of $110.45 and a one year high of $180.71. The firm has a fifty day moving average price of $157.28 and a 200 day moving average price of $155.53. The company has a market capitalization of $5.16 billion, a PE ratio of 17.85, a price-to-earnings-growth ratio of 1.18 and a beta of 0.97.
WEX (NYSE:WEX - Get Free Report) last issued its earnings results on Wednesday, February 4th. The business services provider reported $4.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.90 by $0.21. The business had revenue of $672.90 million for the quarter, compared to analyst estimates of $660.89 million. WEX had a net margin of 11.43% and a return on equity of 48.01%. WEX's revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm earned $3.57 earnings per share. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS. As a group, research analysts forecast that WEX Inc. will post 14.09 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in WEX. Rockefeller Capital Management L.P. lifted its position in WEX by 10.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 8,152 shares of the business services provider's stock valued at $1,214,000 after acquiring an additional 776 shares in the last quarter. World Investment Advisors bought a new stake in WEX during the 4th quarter worth approximately $328,000. Corient Private Wealth LLC increased its holdings in WEX by 10.1% during the 4th quarter. Corient Private Wealth LLC now owns 9,348 shares of the business services provider's stock worth $1,393,000 after purchasing an additional 860 shares in the last quarter. Kera Capital Partners Inc. purchased a new stake in shares of WEX in the fourth quarter worth approximately $275,000. Finally, Invesco Ltd. raised its stake in shares of WEX by 14.1% in the fourth quarter. Invesco Ltd. now owns 85,418 shares of the business services provider's stock worth $12,726,000 after purchasing an additional 10,537 shares during the last quarter. 97.47% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
WEX has been the subject of several research reports. Wall Street Zen downgraded WEX from a "buy" rating to a "hold" rating in a research note on Saturday, February 7th. JPMorgan Chase & Co. dropped their price target on WEX from $175.00 to $155.00 and set a "neutral" rating on the stock in a research note on Friday, February 6th. UBS Group set a $165.00 price target on WEX and gave the stock a "neutral" rating in a report on Friday, February 6th. Morgan Stanley set a $146.00 price objective on WEX in a research note on Friday, February 6th. Finally, Raymond James Financial restated a "market perform" rating on shares of WEX in a report on Friday, March 6th. Three investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $162.27.
Get Our Latest Stock 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.
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