WEX (NYSE:WEX) Shares Break Above Fifty Day Moving Average – Time to Sell?

Shares of WEX Inc. (NYSE:WEX) passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $186.60 and traded as high as $190.99. WEX shares last traded at $188.5770, with a volume of 946,830 shares changing hands.

More WEX News

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Q3 results exceeded expectations. WEX reported adjusted earnings of $6.13 per share versus the $5.67-$5.68 consensus estimate, while revenue reached $780.1 million, well above forecasts near $749.7 million. Revenue increased 12.8% year over year, supported by strong sales, margin expansion and new business wins. WEX Inc. Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Management raised its outlook. Full-year 2026 EPS guidance of $19.68-$20.08 is above the $19.59 analyst consensus, and revenue guidance of approximately $3.0 billion exceeds the $2.9 billion estimate. Fourth-quarter EPS guidance of $5.67-$5.87 and revenue guidance of $760 million-$780 million also came in substantially ahead of consensus. WEX Inc. Raises Revenue Guidance for Full Year 2026
• Positive Sentiment: AI and shareholder returns add to the investment case. WEX is deploying artificial intelligence across its products, including a partnership with Euclid AI to develop trucking-focused AI agents. The company also said it returned most of its adjusted free cash flow through share repurchases. WEX and Euclid AI Team Up to Bring AI Agents Built for Trucking to OTR Fleets
• Neutral Sentiment: Analyst sentiment has improved, with Morgan Stanley increasing its price target following the earnings update. Broader payment-industry trends—including cross-border transactions and resilient consumer spending—remain supportive for WEX and its peers. WEX Stock Gets Price Target Increase from Morgan Stanley
• Negative Sentiment: Investors still face risks from inflation and rising technology costs, while some of the quarterly upside appears linked to fuel-price trends. These factors could pressure margins or make results more volatile if operating costs rise or fuel-related benefits reverse. 5 Financial Transaction Stocks to Watch Amid Cost and Inflation Pressure

Analysts Set New Price Targets

WEX has been the subject of a number of recent analyst reports. Weiss Ratings raised WEX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of WEX in a research report on Thursday, September 24th. Keefe, Bruyette & Woods boosted their price objective on shares of WEX from $200.00 to $210.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Mizuho upped their price objective on shares of WEX from $170.00 to $200.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Finally, Cantor Fitzgerald set a $178.00 price objective on shares of WEX in a report on Monday, July 27th. Five equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $187.00.

WEX Stock Up 0.7%

The company has a debt-to-equity ratio of 3.00, a current ratio of 1.03 and a quick ratio of 1.04. The firm has a market capitalization of $6.29 billion, a P/E ratio of 11.17, a price-to-earnings-growth ratio of 0.94 and a beta of 0.84. The business has a 50 day moving average price of $186.09 and a 200 day moving average price of $164.54.

WEX (NYSE:WEX) last announced its earnings results on Wednesday, October 28th. The business services provider reported $6.13 earnings per share for the quarter, beating the consensus estimate of $5.68 by $0.45. The firm had revenue of $780.10 million during the quarter, compared to the consensus estimate of $749.74 million. WEX had a return on equity of 45.74% and a net margin of 14.05%. The firm’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.59 EPS. On average, analysts predict that WEX Inc. will post 17.32 earnings per share for the current year.

Insider Activity at WEX

In related news, CEO Melissa Smith sold 28,109 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $190.09, for a total transaction of $5,343,239.81. Following the completion of the transaction, the chief executive officer directly owned 126,625 shares in the company, valued at $24,070,146.25. This represents a 18.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Deshaies sold 2,000 shares of the stock in a transaction on Monday, October 5th. The shares were sold at an average price of $173.56, for a total transaction of $347,120.00. Following the completion of the sale, the chief operating officer directly owned 17,288 shares of the company’s stock, valued at approximately $3,000,505.28. This trade represents a 10.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 34,527 shares of company stock worth $6,558,910. 1.40% of the stock is owned by insiders.

Institutional Investors Weigh In On WEX

Hedge funds have recently made changes to their positions in the stock. Jupiter Topco LLC acquired a new stake in shares of WEX in the second quarter valued at $559,710,000. Janus Henderson Group PLC raised its holdings in shares of WEX by 1.1% in the first quarter. Janus Henderson Group PLC now owns 3,916,073 shares of the business services provider’s stock valued at $599,313,000 after buying an additional 44,031 shares during the last quarter. BlackRock Inc. bought a new position in shares of WEX in the second quarter valued at about $446,833,000. Bank of America Corp DE raised its holdings in shares of WEX by 13.6% in the first quarter. Bank of America Corp DE now owns 823,681 shares of the business services provider’s stock valued at $126,056,000 after buying an additional 98,524 shares during the last quarter. Finally, Turtle Creek Asset Management Inc. lifted its position in WEX by 58.5% during the 1st quarter. Turtle Creek Asset Management Inc. now owns 669,335 shares of the business services provider’s stock worth $102,435,000 after buying an additional 246,923 shares in the last quarter. Institutional investors own 97.47% of the company’s stock.

WEX Company Profile

WEX Inc (NYSE:WEX) is a financial technology company that provides payment-processing and business-management solutions. Its products are designed to help organizations manage corporate spending, employee benefits and mobility-related expenses through specialized payment accounts, software and data tools.

WEX’s mobility business serves commercial vehicle fleets with fuel cards, fleet-payment programs, expense controls, telematics integrations and related solutions. The company also supports emerging mobility needs, including electric-vehicle charging payments.