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Top Executive Sells WEX Stock in a Lucrative Move

Top Executive Sells WEX Stock in a Lucrative Move

New insider activity at WEX ( (WEX) ) has taken place on August 4, 2025.

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Carlos Carriedo, the COO of American Payments & Mobility, has recently sold 875 shares of WEX stock, amounting to a total transaction value of $150,220.

Recent Updates on WEX stock

In the past 24 hours, several financial firms have adjusted their price targets for WEX (WEX) stock, reflecting positive trends and strategic considerations. Mizuho increased its target due to favorable mobility trends, while BofA adjusted its target following an increase in earnings estimates driven by faster corporate payments and mobility growth. Barclays updated its model post-earnings, leading to a target increase. UBS raised its target, maintaining a neutral stance. Morgan Stanley, while acknowledging WEX’s performance against lowered expectations, remains cautious about the company’s strategic actions. These adjustments come in the context of WEX’s mixed Q2 2025 financial results and ongoing strategic uncertainties.

Spark’s Take on WEX Stock

According to Spark, TipRanks’ AI Analyst, WEX is a Outperform.

WEX’s strong financial performance, particularly in income and cash flow, coupled with positive earnings call sentiment, drive its overall score. Technical indicators show bullish trends, although caution is needed due to overbought signals. Valuation is fair but does not stand out as a significant strength.

To see Spark’s full report on WEX stock, click here.

More about WEX

YTD Price Performance: -4.99%

Average Trading Volume: 509,135

Technical Sentiment Signal: Hold

Current Market Cap: $5.7B

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