WEX (NYSE:WEX) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

WEX Inc. (NYSE:WEX) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $154.38 and traded as low as $149.18. WEX shares last traded at $153.2380, with a volume of 428,141 shares traded.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on WEX shares. Wall Street Zen upgraded shares of WEX from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. JPMorgan Chase & Co. decreased their price objective 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. UBS Group set a $165.00 price objective on shares of WEX and gave the stock a “neutral” rating in a research report on Friday, February 6th. Weiss Ratings reissued a “hold (c)” rating on shares of WEX in a research note on Wednesday, January 21st. Finally, Cantor Fitzgerald increased their target price on WEX from $158.00 to $166.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Three research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat.com, WEX currently has a consensus rating of “Hold” and a consensus price target of $162.27.

WEX Price Performance

The stock has a market capitalization of $5.15 billion, a PE ratio of 17.67, a P/E/G ratio of 1.16 and a beta of 0.93. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 2.86. The stock’s 50-day moving average is $156.11 and its 200 day moving average is $154.23.

WEX (NYSE:WEX) last released its earnings results on Wednesday, February 4th. The business services provider reported $4.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.90 by $0.21. WEX had a net margin of 11.43% and a return on equity of 48.01%. The company had revenue of $672.90 million during the quarter, compared to the consensus estimate of $660.89 million. During the same quarter in the prior year, the firm 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. As a group, equities analysts predict that WEX Inc. will post 14.09 earnings per share for the current year.

Insider Transactions at WEX

In other WEX news, CAO Jennifer Kimball sold 715 shares of the business’s stock in a transaction dated 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 owned 6,203 shares in the company, valued at $978,957.46. The trade was a 10.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Sara Trickett sold 1,815 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $149.95, for a total value of $272,159.25. Following the completion of the transaction, the insider owned 2,137 shares in the company, valued at $320,443.15. This represents a 45.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,479 shares of company stock worth $1,309,924 in the last ninety days. Company insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of WEX. Lightrock Netherlands B.V. increased its holdings in shares of WEX by 19.7% during the 3rd quarter. Lightrock Netherlands B.V. now owns 43,800 shares of the business services provider’s stock worth $6,900,000 after purchasing an additional 7,200 shares during the period. Crossmark Global Holdings Inc. lifted its stake in shares of WEX by 1,289.3% in the third quarter. Crossmark Global Holdings Inc. now owns 19,797 shares of the business services provider’s stock valued at $3,119,000 after buying an additional 18,372 shares during the period. Earnest Partners LLC grew its position in WEX by 1.1% during 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. Citigroup Inc. grew its position in WEX by 103.8% during the third quarter. Citigroup Inc. now owns 24,088 shares of the business services provider’s stock worth $3,795,000 after buying an additional 12,266 shares in the last quarter. Finally, Snyder Capital Management L P increased its stake in WEX by 13.6% during the third quarter. Snyder Capital Management L P now owns 175,427 shares of the business services provider’s stock valued at $27,635,000 after acquiring an additional 21,028 shares during the period. 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.