WEX
About: WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the top segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.
Employees: 6,500
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
4,211% more call options, than puts
Call options by funds: $91.4M | Put options by funds: $2.12M
12% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 58
0% less funds holding
Funds holding: 428 [Q3] → 426 (-2) [Q4]
3.32% less ownership
Funds ownership: 104.87% [Q3] → 101.55% (-3.32%) [Q4]
20% less capital invested
Capital invested by funds: $8.94B [Q3] → $7.11B (-$1.83B) [Q4]
29% less funds holding in top 10
Funds holding in top 10: 7 [Q3] → 5 (-2) [Q4]
31% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 171
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Mizuho Dan Dolev 59% 1-year accuracy 22 / 37 met price target | 10%upside $170 | Outperform Maintained | 10 Feb 2025 |
Barclays Ramsey El-Assal 44% 1-year accuracy 27 / 62 met price target | 0%upside $155 | Equal-Weight Maintained | 10 Feb 2025 |
Keefe, Bruyette & Woods Sanjay Sakhrani 42% 1-year accuracy 16 / 38 met price target | 29%upside $200 | Outperform Maintained | 7 Feb 2025 |
UBS Nik Cremo 100% 1-year accuracy 1 / 1 met price target | 11%upside $172 | Neutral Maintained | 7 Feb 2025 |
Wells Fargo Andrew Bauch 37% 1-year accuracy 14 / 38 met price target | 3%upside $160 | Equal-Weight Maintained | 7 Feb 2025 |
Financial journalist opinion
Based on 8 articles about WEX published over the past 30 days









