Key Points
- WEX COO Joel Dearborn sold 3,500 shares at an average of $152.14 on April 1 for proceeds of $532,490, reducing his stake by 11.72% to 26,372 shares; the sale was made under a pre-arranged Rule 10b5-1 plan and disclosed in an SEC filing.
- Recent results beat expectations — WEX reported $4.11 EPS versus $3.90 expected and revenue of $672.9M versus $660.9M, and issued FY2026 EPS guidance of $17.25–$17.85 (Q1 guidance 3.80–4.00).
- Stock and analyst snapshot — WEX has a market cap of about $5.31B, a P/E of 18.2 and a 12‑month range of $110.45–$180.71, with an average analyst rating of "Hold" and a consensus target of $162.27.
WEX Inc. (NYSE:WEX - Get Free Report) COO Joel Alan Dearborn, Jr. sold 3,500 shares of WEX stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $152.14, for a total value of $532,490.00. Following the transaction, the chief operating officer owned 26,372 shares in the company, valued at approximately $4,012,236.08. This trade represents a 11.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
WEX Stock Performance
NYSE:WEX opened at $154.71 on Friday. The firm has a market cap of $5.31 billion, a price-to-earnings ratio of 18.20, a price-to-earnings-growth ratio of 1.14 and a beta of 0.93. WEX Inc. has a twelve month low of $110.45 and a twelve month high of $180.71. The company has a 50-day moving average of $155.97 and a 200-day moving average of $154.24. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 2.86.
WEX (NYSE:WEX - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The business services provider reported $4.11 EPS for the quarter, beating analysts' consensus estimates of $3.90 by $0.21. WEX had a return on equity of 48.01% and a net margin of 11.43%.The company had revenue of $672.90 million during the quarter, compared to the consensus estimate of $660.89 million. During the same quarter in the prior year, the firm earned $3.57 EPS. The company's quarterly revenue was up 5.7% compared to the same quarter last year. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS. Analysts forecast that WEX Inc. will post 14.09 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. American Century Companies Inc. grew its position in shares of WEX by 1.9% in the 2nd quarter. American Century Companies Inc. now owns 3,205 shares of the business services provider's stock valued at $471,000 after purchasing an additional 60 shares during the period. Johnson Investment Counsel Inc. increased its position in shares of WEX by 0.7% in the third quarter. Johnson Investment Counsel Inc. now owns 9,615 shares of the business services provider's stock valued at $1,515,000 after acquiring an additional 70 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of WEX by 3.0% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 2,558 shares of the business services provider's stock worth $403,000 after purchasing an additional 74 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in WEX by 1.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,985 shares of the business services provider's stock worth $785,000 after acquiring an additional 94 shares in the last quarter. Finally, First Horizon Corp raised its holdings in shares of WEX by 65.7% in the 4th 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. 97.47% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of WEX from a "hold" rating to a "buy" rating in a report on Saturday, March 21st. Mizuho cut their price target on shares of WEX from $180.00 to $170.00 and set an "outperform" rating for the company in a research note on Friday, February 6th. Weiss Ratings reiterated a "hold (c)" rating on shares of WEX in a research note on Wednesday, January 21st. JPMorgan Chase & Co. cut their price target on WEX from $175.00 to $155.00 and set a "neutral" rating for the company in a report on Friday, February 6th. Finally, UBS Group set a $165.00 price objective on WEX and gave the stock a "neutral" rating in a report on Friday, February 6th. Three equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $162.27.
Check Out Our Latest Research Report on WEX
About WEX
(
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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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