WEX (NYSE:WEX) Insider Sells $272,159.25 in Stock

WEX Inc. (NYSE:WEX) insider Sara Trickett sold 1,815 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $149.95, for a total transaction of $272,159.25. Following the sale, the insider directly owned 2,137 shares in the company, valued at approximately $320,443.15. This trade represents a 45.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

WEX Price Performance

WEX opened at $149.05 on Friday. The firm has a 50-day moving average price of $155.12 and a 200-day moving average price of $156.74. WEX Inc. has a twelve month low of $110.45 and a twelve month high of $180.71. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 2.86. The company has a market capitalization of $5.11 billion, a price-to-earnings ratio of 17.54, a PEG ratio of 1.17 and a beta of 0.98.

WEX (NYSE:WEX) last announced its quarterly earnings results 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 net margin of 11.43% and a return on equity of 48.01%. The company had revenue of $672.90 million for the quarter, compared to analysts’ expectations of $660.89 million. During the same period in the prior year, the company posted $3.57 EPS. WEX’s 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. Equities analysts expect that WEX Inc. will post 14.09 EPS for the current year.

Institutional Trading of WEX

Several institutional investors and hedge funds have recently modified their holdings of WEX. American Century Companies Inc. boosted its position in shares of WEX by 1.9% during the 2nd quarter. American Century Companies Inc. now owns 3,205 shares of the business services provider’s stock valued at $471,000 after acquiring an additional 60 shares during the last quarter. 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 worth $1,515,000 after purchasing an additional 70 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in WEX by 3.0% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 2,558 shares of the business services provider’s stock valued at $403,000 after purchasing an additional 74 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in WEX by 1.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,985 shares of the business services provider’s stock valued at $785,000 after purchasing an additional 94 shares in the last quarter. Finally, First Horizon Corp lifted its position in WEX by 65.7% during 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 last quarter. Hedge funds and other institutional investors own 97.47% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on WEX shares. UBS Group set a $165.00 price objective on WEX and gave the company a “neutral” rating in a research note on Friday, February 6th. Mizuho reduced their target price on WEX from $180.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, February 6th. JPMorgan Chase & Co. decreased their price target on WEX from $175.00 to $155.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Cantor Fitzgerald increased their price target on shares of WEX from $158.00 to $166.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. Finally, Morgan Stanley set a $146.00 price objective on shares of WEX in a research note on Friday, February 6th. Three investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $162.27.

WEX Company Profile

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.