WEX (NYSE:WEX) COO Sells $171,312.00 in Stock

WEX Inc. (NYSE:WEX) COO Robert Joseph Deshaies sold 1,032 shares of the business’s stock in a transaction dated 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 sale, the chief operating officer directly owned 15,699 shares of the company’s stock, valued at approximately $2,606,034. The trade was a 6.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

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 shares were sold at an average price of $149.62, for a total value of $225,327.72.

WEX Price Performance

Shares of NYSE:WEX traded up $4.94 during midday trading on Friday, hitting $157.59. The stock had a trading volume of 381,442 shares, compared to its average volume of 483,399. The company’s 50-day moving average price is $154.71 and its 200-day moving average price is $158.00. WEX Inc. has a fifty-two week low of $110.45 and a fifty-two week 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 $5.40 billion, a P/E ratio of 18.54, a price-to-earnings-growth ratio of 1.29 and a beta of 0.98.

WEX (NYSE:WEX) last released its earnings results 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 for the quarter, compared to analysts’ expectations of $660.89 million. WEX had a return on equity of 48.01% and a net margin of 11.43%.The business’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $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, equities research analysts predict that WEX Inc. will post 14.09 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on WEX shares. JPMorgan Chase & Co. reduced their price target on shares of WEX from $175.00 to $155.00 and set a “neutral” rating for the company in a research report on Friday, February 6th. Morgan Stanley set a $146.00 price objective on shares of WEX in a research note on Friday, February 6th. Wall Street Zen downgraded shares of WEX from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Bank of America upgraded shares of WEX from a “neutral” rating to a “buy” rating and set a $178.00 target price on the stock in a report on Wednesday, October 22nd. Finally, Mizuho dropped their price target on shares of WEX from $180.00 to $170.00 and set an “outperform” rating on the stock in a research report on Friday, February 6th. Three analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, WEX currently has a consensus rating of “Hold” and an average target price of $162.27.

Hedge Funds Weigh In On WEX

Hedge funds and other institutional investors have recently modified their holdings of the business. Los Angeles Capital Management LLC bought a new stake in shares of WEX in the fourth quarter valued at approximately $25,000. Quent Capital LLC bought a new stake in WEX during the 3rd quarter valued at $28,000. Caitong International Asset Management Co. Ltd lifted its position in shares of WEX by 368.1% during 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 in the last quarter. Steph & Co. purchased a new stake in shares of WEX during the third quarter worth $35,000. Finally, Hantz Financial Services Inc. boosted its holdings in shares of WEX by 162.1% in the third quarter. Hantz Financial Services Inc. now owns 228 shares of the business services provider’s stock worth $36,000 after acquiring an additional 141 shares during the period. Hedge funds and other institutional investors own 97.47% of the company’s stock.

About WEX

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.