WEX Inc. (WEX) is up 10.0% today. Here is some analysis on what might have caused this price movement. ([ir.wexinc.com](https://ir.wexinc.com/news/news-details/2026/WEX-Inc--Reports-Second-Quarter-2026-Financial-Results/default.aspx))
Analysis: The most likely catalyst is WEX’s second-quarter 2026 earnings release, which showed strong revenue and profit growth and included higher guidance for both the third quarter and full year. Investors also appear to be responding well to margin improvement and continued share repurchases, which reinforced the company’s confidence in its outlook. ([ir.wexinc.com](https://ir.wexinc.com/news/news-details/2026/WEX-Inc--Reports-Second-Quarter-2026-Financial-Results/default.aspx))
Details:
Sources:
WEX Investor Relations, SEC ([ir.wexinc.com](https://ir.wexinc.com/news/news-details/2026/WEX-Inc--Reports-Second-Quarter-2026-Financial-Results/default.aspx))
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$WEX Insider Trading Activity
$WEX insiders have traded $WEX stock on the open market 23 times in the past 6 months. Of those trades, 1 have been purchases and 22 have been sales.
Here’s a breakdown of recent trading of $WEX stock by insiders over the last 6 months:
- JOEL ALAN JR DEARBORN (COO, International) has made 0 purchases and 7 sales selling 7,000 shares for an estimated $1,144,988.
- ROBERT JOSEPH DESHAIES (COO, Benefits) has made 0 purchases and 11 sales selling 7,470 shares for an estimated $1,128,331.
- SARA TRICKETT (Chief Legal Officer) sold 1,815 shares for an estimated $272,159
- CARLOS CARRIEDO (COO, Amer. Payments & Mobility) sold 1,575 shares for an estimated $251,847
- JAMES R GROCH purchased 1,500 shares for an estimated $214,424
- JENNIFER KIMBALL (Chief Accounting Officer) has made 0 purchases and 2 sales selling 819 shares for an estimated $128,197.
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 195 institutional investors add shares of $WEX stock to their portfolio, and 174 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- IMPACTIVE CAPITAL LP removed 488,000 shares (-22.2%) from their portfolio in Q1 2026, for an estimated $74,683,520
- AQR CAPITAL MANAGEMENT LLC added 415,641 shares (+46.7%) to their portfolio in Q1 2026, for an estimated $63,609,698
- HAWK RIDGE CAPITAL MANAGEMENT LP removed 290,800 shares (-64.0%) from their portfolio in Q1 2026, for an estimated $44,504,032
- CITADEL ADVISORS LLC added 274,827 shares (+inf%) to their portfolio in Q1 2026, for an estimated $42,059,524
- BALYASNY ASSET MANAGEMENT L.P. added 231,924 shares (+inf%) to their portfolio in Q1 2026, for an estimated $35,493,648
- BOSTON PARTNERS added 213,331 shares (+14.7%) to their portfolio in Q1 2026, for an estimated $32,648,176
- LONGAEVA PARTNERS L.P. added 161,275 shares (+inf%) to their portfolio in Q1 2026, for an estimated $24,681,526
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.
$WEX Government Contracts
We have seen $9,178,018 of award payments to $WEX over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- ACQUIRE VEHICLE TELEMATICS HARDWARE AND MONTHLY SUBSCRIPTION TO PROVIDE GPS LOCATION, VEHICLE PERFORMANCE, ...: $5,858,982
- GEOTAB TELEMATICS DEVICES, DELIVERY, INSTALLATION, MONTHLY PRO-PLUS SOFTWARE SUBSCRIPTION PLAN FOR NRCS VEH...: $2,082,950
- TELEMATICS SERVICE: $682,158
- ---------- COMMENTS: MISSION ESSENTIAL FOR FY2026 USE OF CREDIT CARDS REQUIRED FOR DAILY OPERATIONS MAINT...: $191,721
- ---------- COMMENTS: MISSION ESSENTIAL FOR FY2026 USE OF CREDIT CARDS REQUIRED FOR DAILY OPERATIONS MAINT...: $108,000
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$WEX Price Targets
Multiple analysts have issued price targets for $WEX recently. We have seen 7 analysts offer price targets for $WEX in the last 6 months, with a median target of $161.0.
Here are some recent targets:
- Ramsey El-Assal from Cantor Fitzgerald set a target price of $152.0 on 06/29/2026
- Ashish Sabadra from Deutsche Bank set a target price of $160.0 on 06/12/2026
- Dominick Gabriele from Loop Capital set a target price of $195.0 on 04/28/2026
- Michael Infante from Morgan Stanley set a target price of $161.0 on 04/24/2026
- David Koning from Baird set a target price of $220.0 on 04/23/2026
- Dan Dolev from Mizuho set a target price of $170.0 on 02/06/2026
- Tien-Tsin Huang from JP Morgan set a target price of $155.0 on 02/06/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
