Insider Selling: WEX (NYSE:WEX) COO Sells $532,490.00 in Stock

WEX Inc. (NYSE:WEX) COO Joel Alan Dearborn, Jr. sold 3,500 shares of the company’s 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 completion of the transaction, the chief operating officer directly owned 26,372 shares in the company, valued at $4,012,236.08. This trade represents a 11.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

WEX Stock Performance

WEX stock opened at $154.71 on Friday. WEX Inc. has a twelve month low of $110.45 and a twelve month high of $180.71. The firm has a market cap of $5.31 billion, a price-to-earnings ratio of 18.20, a PEG ratio of 1.17 and a beta of 0.93. The business’s fifty day simple moving average is $155.87 and its two-hundred day simple moving average is $153.99. 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 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 during 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%. The business’s revenue was up 5.7% on a year-over-year basis. During the same period in the previous 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. Analysts predict that WEX Inc. will post 14.09 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on WEX shares. JPMorgan Chase & Co. dropped their target price on shares of WEX from $175.00 to $155.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. Raymond James Financial reiterated a “market perform” rating on shares of WEX in a report on Friday, March 6th. Wall Street Zen raised WEX from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. UBS Group set a $165.00 price objective on WEX and gave the stock a “neutral” rating in a report on Friday, February 6th. Finally, Morgan Stanley set a $146.00 target price on WEX in a research report on Friday, February 6th. Three investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat, 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 have recently added to or reduced their stakes in WEX. Vanguard Group Inc. lifted its position in shares of WEX by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 3,262,255 shares of the business services provider’s stock worth $513,903,000 after purchasing an additional 12,099 shares during the period. Par Capital Management Inc. increased its holdings in WEX by 21.6% during the fourth quarter. Par Capital Management Inc. now owns 2,252,000 shares of the business services provider’s stock valued at $335,503,000 after buying an additional 400,500 shares during the period. Boston Partners increased its holdings in WEX by 13.7% during the fourth quarter. Boston Partners now owns 1,447,442 shares of the business services provider’s stock valued at $215,955,000 after buying an additional 174,079 shares during the period. Earnest Partners LLC raised its stake in WEX by 1.1% in the third quarter. Earnest Partners LLC now owns 907,803 shares of the business services provider’s stock worth $143,006,000 after buying an additional 10,027 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in WEX by 794.0% in the fourth quarter. AQR Capital Management LLC now owns 889,802 shares of the business services provider’s stock worth $132,563,000 after buying an additional 790,271 shares in the last quarter. 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.