Insider Selling: WEX (NYSE:WEX) CAO Sells 715 Shares of Stock

WEX Inc. (NYSE:WEX) CAO Jennifer Kimball sold 715 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $157.82, for a total value of $112,841.30. Following the transaction, the chief accounting officer directly owned 6,203 shares of the company’s stock, valued at approximately $978,957.46. This trade represents a 10.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Jennifer Kimball also recently made the following trade(s):

• On Thursday, December 18th, Jennifer Kimball sold 494 shares of WEX stock. The shares were sold at an average price of $151.40, for a total transaction of $74,791.60.

WEX Stock Down 2.1%

Shares of WEX stock traded down $3.25 during trading on Wednesday, reaching $149.28. The company’s stock had a trading volume of 378,605 shares, compared to its average volume of 438,782. WEX Inc. has a one year low of $110.45 and a one year high of $180.71. The business 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 cap of $5.12 billion, a price-to-earnings ratio of 17.56, a price-to-earnings-growth ratio of 1.18 and a beta of 0.97. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 2.86.

WEX (NYSE:WEX) last issued its quarterly earnings results on Wednesday, February 4th. The business services provider reported $4.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.90 by $0.21. WEX had a net margin of 11.43% and a return on equity of 48.01%. The firm had revenue of $672.90 million for the quarter, compared to analyst estimates of $660.89 million. During the same period in the previous year, the business earned $3.57 EPS. The company’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. Analysts anticipate that WEX Inc. will post 14.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on WEX shares. UBS Group set a $165.00 target price on WEX and gave the stock a “neutral” rating in a report on Friday, February 6th. Wall Street Zen lowered shares of WEX from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. JPMorgan Chase & Co. cut their price target on shares of 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 report on Friday, February 6th. Finally, Mizuho reduced their price target on WEX from $180.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, February 6th. Three investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $162.27.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Los Angeles Capital Management LLC bought a new stake in shares of WEX during the fourth quarter worth approximately $25,000. Quent Capital LLC bought a new position in shares of WEX during the third quarter worth approximately $28,000. Steph & Co. bought a new position in shares of WEX during the third quarter worth approximately $35,000. First Horizon Corp lifted its holdings in WEX by 65.7% during the 4th quarter. First Horizon Corp now owns 237 shares of the business services provider’s stock worth $35,000 after purchasing an additional 94 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in WEX by 368.1% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 220 shares of the business services provider’s stock worth $35,000 after purchasing an additional 173 shares during the last quarter. Institutional investors and hedge funds 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.