WEX (NYSE: WEX) reported third-quarter 2026 revenue of $780.1 million, up 12.8% from the prior-year period. GAAP net income attributable to shareholders was $134.1 million, or $3.95 per basic share and $3.88 per diluted share.
The company raised its full-year 2026 revenue guidance to $2.97 billion to $2.99 billion. It also repurchased approximately $200 million of shares during the quarter and an additional $75 million through October 26.
- Third-quarter GAAP operating income was $238.8 million, with a 30.6% operating income margin.
- Mobility revenue rose 20.6% to $435.1 million; Benefits revenue increased 4.8% to $207.6 million; Corporate Payments revenue grew 3.5% to $137.4 million.
- Total volume across all segments was $78.5 billion, up 18.5%.
- WEX expects fourth-quarter revenue of $760 million to $780 million.
- Full-year adjusted net income guidance was raised to $736 million to $743 million, or $21.28 to $21.48 per diluted share.
$WEX Insider Trading Activity
$WEX insiders have traded $WEX stock on the open market 24 times in the past 6 months. Of those trades, 1 have been purchases and 23 have been sales.
Here’s a breakdown of recent trading of $WEX stock by insiders over the last 6 months:
- MELISSA D SMITH (CEO and President) has made 0 purchases and 4 sales selling 28,109 shares for an estimated $5,343,287.
- ROBERT JOSEPH DESHAIES (COO, Benefits) has made 0 purchases and 14 sales selling 6,200 shares for an estimated $1,002,664.
- JOEL ALAN JR DEARBORN (COO, International) has made 0 purchases and 2 sales selling 3,343 shares for an estimated $668,600.
- ANN ELENA DREW (Chief Risk and Compliance) sold 3,400 shares for an estimated $598,468
- JAMES R GROCH purchased 1,500 shares for an estimated $214,424
- JENNIFER KIMBALL (Chief Accounting Officer) sold 1,183 shares for an estimated $208,858
- CARLOS CARRIEDO (COO, Amer. Payments & Mobility) sold 1,075 shares for an estimated $199,950
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$WEX Hedge Fund Activity
We have seen 196 institutional investors add shares of $WEX stock to their portfolio, and 226 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AQR CAPITAL MANAGEMENT LLC removed 1,170,501 shares (-89.7%) from their portfolio in Q2 2026, for an estimated $165,145,986
- FMR LLC added 576,081 shares (+47.0%) to their portfolio in Q2 2026, for an estimated $81,279,268
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 487,579 shares (+inf%) to their portfolio in Q2 2026, for an estimated $68,792,521
- JPMORGAN CHASE & CO added 381,242 shares (+inf%) to their portfolio in Q2 2026, for an estimated $53,789,433
- CAPITAL WORLD INVESTORS added 336,442 shares (+159.3%) to their portfolio in Q2 2026, for an estimated $47,468,601
- BALYASNY ASSET MANAGEMENT L.P. removed 231,924 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $32,722,157
- NEW SOUTH CAPITAL MANAGEMENT INC added 195,861 shares (+78.7%) to their portfolio in Q2 2026, for an estimated $27,634,028
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
